Conspiracy Theories
Since Israel and Iraq were not affected by the communications blackout, conspiracy theories have begun to spread throughout the Internet.
On 6 February, theories that the disruption in these cables was related to an economic confrontation between the United States and Iran appeared in an opinion piece on Dow Jones Marketwatch. This article points out that the disruption or damage to these cables preceded the intended launch of the Iranian oil bourse on Kish Island between 1 and 11 February. The launch of this bourse, which was intended to broker sales of oil denominated in euros (sometimes called "petroeuros") had been interpreted by some as an attempt by Iran to inflict additional damage to the value of the dollar by reducing the volume of oil which is traded in "petrodollars". Given the potential economic damage of euro-denominated oil sales in the context of on-going dollar deflation, as well as the large number of cables which appear to have been disrupted or damaged, Marketwatch's John Dvorak has written that the U.S. can expect to be blamed for the disruptions.
According to this sabotage theory, the damaged cables and the resulting Internet disruptions would destroy confidence in the ability of the Iranian Oil Bourse to execute trades, thereby thwarting the establishment of an alternative to dollar-denominated oil sales. In fact, Iran suffered very little from the outages, which primarily affected America's allies in the region (see 'Effects' above). Bloggers have also suggested that the cable disruptions were a cover for NSA installing taps on the lines for eavesdropping.
On Monday, 18 February, the International Telecommunication Union said that the damage could have been an act of sabotage. The UN agency's head of development, Sami al-Murshed was quoted, "We do not want to preempt the results of ongoing investigations, but we do not rule out that a deliberate act of sabotage caused the damage to the undersea cables over two weeks ago."
Read more about this topic: 2008 Submarine Cable Disruption
Famous quotes containing the words conspiracy and/or theories:
“Impenetrable in their dissimulation, cruel in their vengeance, tenacious in their purposes, unscrupulous as to their methods, animated by profound and hidden hatred for the tyranny of man—it is as though there exists among them an ever-present conspiracy toward domination, a sort of alliance like that subsisting among the priests of every country.”
—Denis Diderot (1713–1784)
“Whatever practical people may say, this world is, after all, absolutely governed by ideas, and very often by the wildest and most hypothetical ideas. It is a matter of the very greatest importance that our theories of things that seem a long way apart from our daily lives, should be as far as possible true, and as far as possible removed from error.”
—Thomas Henry Huxley (1825–95)