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Sanctions on Iran. Iran flexes its muscles.
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Author:  pjpj [ Mon Jan 02, 2012 3:19 pm ]
Post subject:  Sanctions on Iran. Iran flexes its muscles.

Slightly differing information coming through about the details but the tensions with Iran have taken a further step backwards.

Further sanctions from the US and Europe on Iran are likely including sanctions on oil from Iran. This may cause Iran to react irrationally and attempt to close shipping on the Strait of Hormuz where further oil is transported.


Author:  pjpj [ Thu Jan 12, 2012 1:03 am ]
Post subject:  Oil refiners sever links to Iran

Oil refiners have started to sever links with Iran ahead of next months meeting.


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