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EU Moves To Ban Iran Crude Oil

Posted by timothy on from the crude-just-won't-do-in-the-parlor dept.

rtoz writes with this snippet from the BBC: "EU member states have agreed in principle to ban imports of Iranian crude oil to put pressure on the country over its nuclear programme. ... The US, which recently imposed fresh sanctions on Iran, welcomed the news. ... The Iranian state gets more than half of its revenue through the export of crude oil, says the BBC's James Reynolds. If Europe does stop buying, Iran will have to turn to countries in Asia to replace its lost trade, who will demand a discount, he adds."

2 of 361 comments (clear)

  1. Re:Cutting the nose to spite the face by drinkypoo · · Score: -1, Flamebait

    China will grow itself into oblivion, but we have decided to hasten the process along in the middle east. Why do you think the nation of Israel was created? You need oil to make war at this point in history. We use up their oil by any means necessary, getting it pumped out of the sand ASAP. You really think China is a threat to the USA?

    --
    "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
  2. The US is pretty much at war with Iran already by RStonR · · Score: 1, Flamebait
    The utterly corrupt Obama administration is not satisfied with wars in Uganda, Somalia, Yemen, Pakistan, Afghanistan and wherever I currently don't remember.

    Obama has already made several steps towards war, and to say that the drone-campaign will continue is just the last step.

    People were furious about Bush lies to start the wars. Obama has found the solution! Just don't talk about it, the people at home don't seem to care.