Sunday, October 02, 2005

Iran threatens to shoot self in foot

I'm no economist, but it seems to me that if 80% of your country's entire income is from petroleum sales, cutting back on oil exports is going to hurt yourself far more than your clients.

Iran could hold back oil sales if it is referred to the UN Security Council for possible sanctions over its nuclear program, President Mahmoud Ahmadinejad said in a newspaper interview published Saturday.


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7:42 AM  

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