Article

2006-08-29 Syria-Lebanon-Iran

Iran rejects US threat of sanctions coalition

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Posted by Fred 2006-08-29 00:00|| || Front Page|| [6 views since 2007-05-07] Top

#1 Oil cash has been going into Iran like crazy ever since oil prices have gone up. What would be the effect of economic sanctions and the freezing of Iranian assets by an independent coalition? Iran has plenty of cash and plenty of oil. The world needs oil. It doesn't seem that sanctions would have all that great an impact on Iran's present nuclear policies. That begins to lead to the other option--eventually taking out their nuclear facilities.

Posted by JohnQC 2006-08-29 15:59|| 2006-08-29 15:59|| Front Page Top

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