The "Oil Weapon" is Unleashed Against Iran

Earlier this month, Riyadh fired the first shot in the war against Iran, by knocking the price of crude oil to as low as $50 per barrel. The goal is to squeeze Iran's budget and wreck havoc on its economy, as much as possible.

//energy.seekingalpha.com/article/26847



Iran oil exports at risk in UK ship sanctions plan

A British proposal to target Iran's national shipping lines under a draft U.N. sanctions resolution could temporarily curb Tehran's ability to export oil to world markets, maritime sources said on Tuesday.

//africa.reuters.com/world/news/usnL269674.html


From Information Clearing House



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