Saturday, June 28, 2008

Report: Iran will use oil as weapon if attacked


Military chief warns of controls on route where two-fifths of oil is shipped

MSNBC

"TEHRAN, Iran - The head of Iran's Revolutionary Guards said the country would impose controls on shipping in the vital Gulf oil route if Iran was attacked, a newspaper reported on Saturday.

Fear of an escalation in the standoff between the West and Iran, the world's fourth-largest oil producer, have been one factor propping up sky-high oil prices. Crude hit a record level on international markets near $143 a barrel on Friday......."

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