Iran Issues Threat to Oil Buyers in Europe

[xchrom]

http://www.nytimes.com/2012/02/16/world/europe/iran-says-it-will-cut-oil-supplies-to-6-european-nations.html?_r=1&ref=global-home

Besieged by international sanctions over the Iranian nuclear program including a planned oil embargo by Europe, Iran warned its six largest European buyers on Wednesday that it might strike first by immediately cutting them off from Iranian oil.

Iran’s official Islamic Republic News Agency said the warning was conveyed to the ambassadors of Italy, Spain, France, the Netherlands, Greece and Portugal in separate meetings at the Foreign Ministry in Tehran. Officials said an earlier report by Press TV, Iran’s state-financed satellite broadcaster, that Iran had already cut supplies to the six countries was inaccurate — but not before word of the Press TV report sent a brief shudder through the global oil market, sending prices up slightly.

“Iran warns Europe it will find other customers for its oil,” the Islamic Republic News Agency said. “European people should know that if Iran changes destinations of the oil it gives to them, the responsibility will rest with the European governments themselves.”

The European Union decided last month to impose an oil embargo on Iran as of July 1 as part of a coordinated campaign of Western sanctions aimed at pressuring Iran to halt its disputed uranium enrichment program, and the Europeans have been making arrangements since then to find other sources.

[Zalatix]

1. I hope Iran does just that.

That'll force the West to reconsider its addiction to oil and start moving toward alternative fuels.

[no_hypocrisy]

2. More frequently I've been hearing rumbles of another "strategy"

of have Israel and this country unite to attack Iran, not to neutralize the nuclear industry, but to take its oil.