President Barack Obama Message Board

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Politics : President Barack Obama

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To: tejek who wrote (24876)	6/28/2008 9:31:06 AM
From: ChinuSFO	Read Replies (2) of 149317

The US (GWB and Obama) cannot afford a war that will raise the price of oil to over $200 per barrel. They will force Israel not to attack Iran. ============================= Report: Iran will use oil as weapon if attacked Military chief warns of controls on route where two-fifths of oil is shipped MSNBC News Services updated 2 hours, 52 minutes ago 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. Speculation about a possible attack on Iran because of its disputed nuclear ambitions has risen since a report this month said Israel had practiced such a strike, prompting increasingly tough talk of retaliation, if pushed, from Tehran. ....contd at msnbc.msn.com

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