US Senate votes to penalize Iran gasoline suppliers
Reuters / Tom Doggett
31-Jul-2009 (3 comments)

WASHINGTON, July 30 (Reuters) - To pressure Tehran to give up its nuclear program, the U.S. Senate has voted to ban companies that sell gasoline and other refined oil products to Iran from also receiving Energy Department contracts to deliver crude to the U.S. Strategic Petroleum Reserve.

Iran holds some of the world's biggest oil reserves, but it imports 40 percent of its gasoline to meet growing demand. U.S. lawmakers hope that by cutting off the country's motor fuel, Tehran will abandon its nuclear program, which they fear could be used to make weapons.

Ali Lakani

Very bad news for Iran's economy

by Ali Lakani on

If successful, this will have a devastating effect on Iranian industry and economy.  People of Iran will be hurt immensely by the implementation of this decision.  Of course the government will become crippled, too.



As Fred gets happy let me add

by XerXes on

That Iran doesn't give a damn what passes on paper. we are independent and will remain that way whether Fredists (zionist) anti iranians want it or not.


Only the first right step

by Fred on

It is a first step and only first step in the right direction. A lot more is needed including unrelenting material and moral support to the Iranian nation which is facing down the rabid Islamist cutthroats republic.

Help Iranian people to do the heavy lifting for themselves and the rest of the sane world.