 AP Photo Iranian lawmakers this week expressed support for a measure that would beat the European Union to the punch by cutting off oil exports before the summer. Tehran's measure amounts to a statement of economic warfare to some degree as the European economy continues to drag on the rest of the global market. . . TAGGED: sanctions, energy security, global oil market, foreign oil, oil, Strait of Hormuz, iran, OilPrice.comRECOMMENDED ARTICLES| The way in which the growing confrontation with Iran is being sold by the US, Israel and West European leaders is deeply dishonest. The manipulation of the media and public opinion through systematic threat exaggeration is... more ›› |
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