President Trump’s decision to attack Iran was not about preventing the country from getting an atomic bomb, but rather about gaining control over the world’s oil trade. According to economist Michael Hudson, this move was part of a long-standing US plan to dominate the global oil market and use it as a tool for diplomacy.
Hudson explains that the US has been seeking to control the world’s oil trade since the 1970s, when OPEC quadrupled prices and the US realized the importance of oil in the global economy. The plan is to have other countries agree to lend their profits from oil exports back to the US, which would give the US a significant economic advantage.
Hudson points out that President Trump’s administration has been implementing this strategy by imposing sanctions on various countries, including Russia and Venezuela, and restricting Iran’s ability to sell its oil to China. He believes that the attack on Iran was an attempt to prevent the country from selling its oil to China and to consolidate US control over the global oil market.
This strategy is part of a larger plan to use the US economy as an arm of diplomacy, according to Hudson. By controlling the world’s oil trade, the US can influence other countries’ economic policies and maintain its own dominance in the global economy.
Source: https://www.democracynow.org/2026/3/3/michael_hudson_economist_trump_iran_attack