It looks like they can't use oil as a weapon, unless they are put in a really really dire situation. Attempt to use it as a weapon would be asking to
have their own throats cut out. Even Iran is treading carefully on this issue. They know they are part of this world economy and can't afford to do
something like this, even for the Palestinians. Ain't worth doing it. But then the Palestinians are their brothers and sisters and they should use
oil as a weapon if they are really committed to protecting the Palestinians.
news.yahoo.com
(visit the link for the full news article)
Calls to use oil as weapon in Gaza fight fall flat, page 1
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Topic started on 6-1-2009 @ 12:12 PM by deltaboy
news.yahoo.com
Calls to use oil as weapon in Gaza fight fall flat
news.yahoo.com
DUBAI, United Arab Emirates – The call to use oil as a weapon against Israel's friends once would have echoed in capitals across the Middle East. But even as fighting widens in Gaza, threats of an oil embargo by some in Iran and Bahrain are falling flat.(visit the link for the full news article)
Key Persian Gulf producers like Saudi Arabia and even top officials in the countries behind the boycott calls are keeping quiet, reflecting a focus on their struggle to deal with the steep plunge in world oil prices.
"An oil embargo is just bad for business," said Serene Gardiner, oil products analyst at Standard Chartered Bank in Dubai.
On Sunday, Iran's official IRNA news agency quoted an Iranian Revolutionary Guard commander as urging Muslim countries to use oil as a weapon to pressure an end to Israel's offensive in Gaza.
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