Iran's Real Weapon Of Mass Destruction Is Oil Prices
forbes / Daniel Fisher
04-Jan-2012

Oil prices jumped 8% last week after Iranian Vice-President Mohamad Reza Rahimi threatened to close the Strait of Hormuz if the rest of the world slapped an embargo on his country’s oil exports. Today, Reuters reports the European Union will do just that, with its diplomats agreeing in principle to halt Iranian imports

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