Iran Says It Will Make Oil Embargo Ineffective

Iran Oil Minister: Tehran will soon make oil embargo ineffective

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BING NEWS:
  • Iranian President Says Oil Embargo Won’t Hurt
    Faced with diminished demand for Iranian oil because of economic sanctions, Iran’s president proclaimed defiantly on Tuesday that the country had such plentiful reserves of money that it could survive for years without exporting any oil. Coming a few ...
    04/10/2012 - 6:58 pm | View Link
  • How Our Oil Embargo Could Make Iran Richer
    As the Iranian oil embargo begins to bite, the widespread assumption is that this should hurt Iran's oil revenues and government budgets, hopefully inflicting enough economic pain to bring them to the bargaining table. But rather counterintuitively, some ...
    03/13/2012 - 1:59 am | View Link
  • Iran oil embargo questioned
    The effectiveness of an EU embargo on Iranian oil imports has been cast into doubt by growing evidence of a rise in shipments from the Islamic republic arriving in the Mediterranean. The apparent surge comes even though tough sanctions are supposed to be ...
    03/2/2012 - 8:59 am | View Link
  • EU Oil Embargo On Iran Seen Having 'Minimal' Impact On Oil Markets
    EU slaps embargo on Iranian oil. Impact on oil markets minimal, energy consulant forecasts. The European Union agreed to an unsurprising Iranian oil embargo Monday. The impact on the energy market will likely be “minimal,” says Richard Soultanian ...
    01/22/2012 - 11:00 am | View Link
  • Iran: EU oil embargo doomed to fail
    The EU’s embargo on Iranian oil is “doomed to fail,” Tehran said after the crucial decision was taken. Iranian media outlets are sure the Persian country will not run out of customers - and suggest cutting off oil supplies to Europe before July.
    01/22/2012 - 11:00 am | View Link
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    The 1973 oil crisis started in October 1973 when the members of Organization of Arab Petroleum Exporting Countries or the OAPEC (consisting of the Arab members of ...
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    Western policy toward Iran relies heavily on economic pressure, and Iran's political trajectory is shaped in large part by its economic prospects and constraints.
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