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Iran oil exports at risk in UK ship sanctions plan

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posted on Jun, 26 2007 @ 12:17 PM
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Iran oil exports at risk in UK ship sanctions plan


news.yahoo.com

LONDON (Reuters) - 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.

The confidential draft, obtained by Reuters on Friday, suggests denying rights of passage to Iranian merchant ships in foreign waters. The withdrawal of landing rights for Iranian aircraft is also suggested.
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posted on Jun, 26 2007 @ 12:17 PM
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It would be a way to curb sales in the short term as the story suggests, but is it really a viable long term option. Iran can use commercial carriers for oil shipments etc. I have to take a look at my janes but how many Iranian flagged carriers are there? Furthermore, it may simply be the motivation iran needs to simply pipeline its oil and gas to nations like China who like us have an insatiable appetite. As we know, historicaly sanctions really do little except make it look as if we are doing something when in reality nothing really happens.

news.yahoo.com
(visit the link for the full news article)



 
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