Sunday, January 4, 2009
Iran Calling For Oil Embargo
Via Reuters Africa
An Iranian military leaders is calling for an oil boycott of all allies of Israel---Iran is the 4th largest oil supplier in the world.
If the oil is cut it may be reminiscent of the 1973 Arab oil embargo but with oil prices in a free fall losing $100 a barrel since July will the other Arab countries actually cut off sales ?
What would happen if the world would turn the tables on fascist Iran and would stop buying its oil ? Let them drink their oil and eat their sand.
Iran is dependent on revenue it receives from crude oil exports, its government receives 85% of their income from oil revenue, without
oil revenue, Iran would be hard pressed to maintain social order and continue to export terrorism around the globe.
More here from The American---Closing Iran's Oil Spigot