Well, my good lord, I’ll do’t
I completely agree with your statement, tahmed1. It is insane that he is calling Othello his "good lord" while wanting to ruin his life. This feels something like a biblical reference to me. I do not know too much about religion, but I do know that in many religions believe in god and the idea of the devil. At one point, the devil was actually one of gods angels that turned on him. This line seems very mirroring of the relationship between the devil and god before they were enemies. Obviously Shakespeare would include this biblical reference to further develop Iago's evil character. As a side note, this also really reminded me of the relationship between Wormtail and Voldemort, because Wormtail always pretends to be loyal to Voldemort when he is really only looking out for himself.