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Iran: We will 'confront' new EU oil sanctions

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posted on Jul, 1 2012 @ 10:16 AM
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The oil embargo has gone into effect for the European Union against Iran.

Iran says they are ready and have stored enough to get by, and considers the embargo a "Battle" !!

All contracts and insurance is cancelled !!

However; The United States the other day announced that China and Singapore are "exempt".


Fox News -- Published July 01, 2012 - Associated Press

TEHRAN, Iran – Iran has stored up imported goods and hard currency for a "battle" against EU sanctions targeting the country's vital oil sector that went into effect Sunday, officials said. They acknowledged though that the measures, which aim at pressuring the Islamic Republic over its nuclear program, may cause economic disruptions.

Vice President Mohammad Reza Rahimi said the country has stockpiled necessities to reduce the impact of the embargo hitting the oil and banking sectors.

"Today, we are facing the heaviest of sanctions and we ask people to help officials in this battle," Rahimi was quoted by state television's website as saying at a religious conference. He said the "dastardly sanctions" might cause "occasional confusion" in the market, but that the Iranian nation would not be stopped.

Central bank governor Mahmoud Bahmani also told the semiofficial Mehr news agency that Iran has "plans" to deal with the embargo and enough hard currency to meet its import needs.

--->from Fox / AP



Related Story

More than 1,000 ballistic missiles capable of reaching U.S. bases

Just days after the breakdown of talks with the West over Iran’s nuclear program, the deputy chief commander of the Revolutionary Guards announced that there soon will be war – and that Allah will ensure his forces are victorious.


The last round of talks between Iran and the P5+1 (the United States, Britain, France, China, Russia and Germany) ended in Moscow last week without any agreement on Iran’s illicit nuclear program.

Gen. Hossein Salami, in a televised interview, boasted that, “Iran has complete control of all the enemy’s interests around the world and is on a path to reach equivalency with world powers.” The commander emphasized that Iran’s nuclear program is irreversible, the Islamic Republic News Agency reported.
Iran: There will be war – and we'll win



What Happens Next ??





posted on Jul, 1 2012 @ 10:19 AM
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What happen next ?

Syria get attacked and Iran close their Strait of Hormuz like promised



posted on Jul, 1 2012 @ 10:38 AM
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Originally posted by Ben81
What happen next ?

Syria get attacked and Iran close their Strait of Hormuz like promised


Good point.

The "Timing" seems about right.....

Hillary Clinton: World may not succeed in Syria



posted on Jul, 1 2012 @ 10:43 AM
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Originally posted by xuenchen

Originally posted by Ben81
What happen next ?

Syria get attacked and Iran close their Strait of Hormuz like promised


Good point.

The "Timing" seems about right.....

Hillary Clinton: World may not succeed in Syria



Pretty sure she was speaking about the talks and not military power
when i first saw your title .. took it the wrong way lol

so if she say that talks will not succeed .. she is opening the door for war
damn i hate those illuminati trolls .. she think she is so inteligent and beautiful
each time i see her doing hand gesture to the crowd with her big hypocrite smile .. i try not to barf



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