Iran says oil would go over $250 if exports banned, page 1
Pages:
ATS Members have flagged this thread 6 times
Topic started on 4-12-2011 @ 10:02 AM by Corruption Exposed
(Reuters) - Iran warned the West on Sunday any move to block its oil exports would more than double crude prices with devastating consequences on a fragile global economy.

"As soon as such an issue is raised seriously the oil price would soar to above $250 a barrel," Foreign Ministry spokesman Ramin Mehmanparast said in a newspaper interview.

The comments come as Iran strives to contain international reaction to the storming of the British embassy last week, a move which drew immediate condemnation from around the world and may galvanize support for tougher action against Tehran.

Source


If this were to happen it wouldn't be good for the working class people of the world. Things are bad enough as it is, I don't know about you but the price of everything else has gone up in Canada since the rising oil costs. Oddly enough when the oil prices drop, prices for other items such as food and living expenses keep rising.

War with Iran would make the rich people richer while us regular folk suffer. Even the upper middle class are starting to feel the crunch. Millionaires are unbecoming millionaires.

"No one welcomes the sanctions, we know that sanctions create obstacles, but we want to say we will overcome these obstacles," Mehmanparast told Sharq daily.

"Imposing sanctions on oil and gas is among the sanctions that, if one wants to do that, the consequences should be fully considered before taking any action," Mehmanparast said.

"I do not think the situation in the world and especially in the West today is prepared enough to raise such discussions."


No one welcomes the sanctions? The West does!

These crooked politicians, bankers, and corporations know exactly what they're doing. They have many weapons in their arsenal including the media which is constantly trying to condition us with stories just like this.
edit on 4-12-2011 by Corruption Exposed because: (no reason given)

Pages:     ^^TOP^^



Mainstream Media IGNORES Iceland Revolution
  Posted 9 days ago with 96 member flags
Here Are The 5 Worst Places To Be When The Dollar Collapses
  Posted 5 days ago with 19 member flags
The Coming Canadian Housing Crash
  Posted 15 days ago with 18 member flags
What is *THE* domino you\'re waiting for, and why?
  Posted 9 days ago with 17 member flags
Google Trends - The Powers That Be should be scared
  Posted 2 days ago with 16 member flags
Greece bank run
  Posted 13 days ago with 15 member flags
25 May 2012 (the day europe collapsed)
  Posted 4 days ago with 14 member flags
Facebook insider sales are huge red flags
  Posted 11 days ago with 13 member flags