Green Energy
Newsmax:
Iran Warns Arabs Not to Replace Embargoed OilTEHRAN, Iran (AP) — An Iranian pro-reform newspaper says the country's OPEC governor has warned the country's Arab neighbors that Tehran will view any increase in crude production to counterbalance a potential embargo on Iranian oil as an unfriendly act.
A Sunday report by Shargh daily quotes Mohammad Ali Khatibi as saying that Arab nations will be an "accomplice in the consequences," if they raise output to offset any potential loss of Iranian crude exports due to an embargo.
New U.S. sanctions against Iran approved last month target the country's central bank and, by extension, its ability to sell petroleum abroad. The U.S. has delayed implementing the sanctions for at least six months. The EU is also contemplating an embargo.
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But If They Violate, We Will Snap Back!
Kerry says no sanctions snap-back for Iran arms, missile violations According to Reuters: Violations of an arms embargo by Iran or restrictions on its missile program would not force an automatic reinstatement or “snapback” of United Nations sanctions...
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Obama Admin Announces They’ve Started Easing Sanctions On Iran Despite Vows To Destroy Israel
From Reuters: (Reuters) – The United States on Monday eased some sanctions on Iran, pausing efforts to reduce Iranian crude oil exports, as part of a nuclear deal between Tehran and world powers that went into effect. The Treasury Department said...
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The Guardian: EU agrees Iranian oil embargo Foreign ministers' deal in Brussels could lead to soaring fuel prices and Iran closing the strait of Hormuz European Union foreign minsters meeting in Brussels have given preliminary approval to ban Iranian...
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In 6 years America will become the world’s largest oil producer once again “America is poised to become the world’s largest oil producer once again — nearly four decades after it lost the title,” writes The Sunday Times. Goldman Sachs,...
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Energy Information Administration Chief Agrees With Ahmadinejad
Iranian President Ahmadinejad says we need him more than he needs us. Guy Caruso, the EIA chief agrees with him: WASHINGTON (Reuters) - A disruption in Iran's crude oil exports because of a dispute over that country's nuclear program would affect...
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