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Bomb Bomb Bomb Bomb Bomb Iran
I wonder how much the Saudis and other rich oil nations stand to profit from an embargo on Iran.
Found this story interesting.
Russia concerned about Iran's uranium enrichment
But we've heard it all before right.
Nikolai Patrushev, head of the Kremlin's Security Council, warns Iran could retaliate by blocking oil shipments from the Gulf.
Russia fears Israel will push the United States into a military conflict with Iran which could retaliate by blocking oil shipments from the Gulf, a confidant of Prime Minister Vladimir Putin said on Thursday.
"There is a likelihood of military escalation of the conflict, towards which Israel is pushing the Americans," Nikolai Patrushev, who heads the Kremlin's Security Council, told Interfax news agency.
He also said he believes Western countries are getting close to launching a military intervention in Syria, in an attempt to undermine Iran's regional standing.
Russian official: EU will suffer more from oil ban on Iran than U.S. will (Haaretz)
Report: Russian arms ship arrives in Syria port (AP)
Former UN inspector: Iran 'one year way' from having nuclear bomb material (Reuters)
U.S. sanctions China state trader for dealing with Iran energy sector (Reuters)
EU IRAN OIL EMBARGO SAID TO BE LIKELY DELAYED BY SIX MONTHS
Diplomats say that after refusing to do so for years, Tehran agrees to discuss the topic during a visit by senior IAEA officials later this month.
Two diplomats told the Associated Press that the topic will be a main focus of talks set for January 28, during a visit to Tehran by senior officials of the International Atomic Energy Agency.
Turkey has announced that only a United Nations embargo on Iran oil is binding, joining China and India in opposing US sanctions on the Islamic republic. As the EU is seeking ways to postpone sanctions, a number of firms have already renewed deals with Iran
The United States is losing the fight to impose an embargo on Iran oil. The generally cooperative European Union as well as Turkey and the rising Eastern powerhouses such as China and India have failed to stand alongside the U.S. in its plans to implement sanctions on the Islamic republic.
Italian, Spanish and Greek companies have extended most of their oil supply deals with Iran for 2012, meaning the lion’s share of Iran’s supplies to the EU would likely be exempt from sanctions for at least the first half of the year.
Reuters quoted trading sources as saying Italy’s Saras, ERG and Iplom, Greece’s Hellenic, as well as Spain’s Repsol, have either extended or have not scrapped existing term supply contacts with Iran for 2012. “We kept our two-year deal with Iran,” said a trader with a refiner. “At the moment it is business as usual, but of course we are considering potential alternatives. Asking the Saudis for more crude is one possibility,” said a trader with an Italian company. Italy, Spain and Greece take 500,000 barrels per day (bpd) of the EU’s imports of Iranian oil of around 600,000 bpd, according to the latest available data.
Diplomatic sources told Reuters the three countries, the EU’s most fragile economies, were pushing for a grace period of up to 12 months as an immediate switch to oil from other producers may prove too costly and painful for them. Some diplomats said when EU foreign ministers meet Jan. 23 to decide on sanctions, they will most likely agree on a compromise of six months for the grace period and no longer.
Originally posted by Vitchilo
Report: Iran agrees to discuss nuclear weapons charges
Diplomats say that after refusing to do so for years, Tehran agrees to discuss the topic during a visit by senior IAEA officials later this month.
Two diplomats told the Associated Press that the topic will be a main focus of talks set for January 28, during a visit to Tehran by senior officials of the International Atomic Energy Agency.
Good news.
Originally posted by Vitchilo
reply to post by ALOSTSOUL
Ya. I don't know why, but there's a lot of Iranians who hate Russia. If these people were to ever take control and have nukes, it would be dangerous to Russia... wouldn't surprise me that this is the new regime that NATO will put in place in Iran once they do their thing.
U.S. official: Saudi Arabia says it has enough oil to make up for Iran (Reuters)
Russia says would be threatened by Iran military action (Reuters)
Japan PM distances himself from pledge to reduce Iran oil imports as part of U.S. push (Reuter)
Iran welcomes Istanbul as venue for nuclear talks (AP)
Ahmadinejad: Development of nuclear weapons goes against Iran’s morals (Haaretz)