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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?


To: Bald Eagle who wrote (23585)4/5/2002 11:02:35 AM
From: Hawkmoon  Respond to of 281500
 
And if such a threat is not followed through upon, the price for oil will fall drastically....

Iran screwed up big time... If no one follows, then the oil markets will see that the emperor (threats of embargo) has no clothes...

And that will only strengthen Israeli determination to clean house, as they know the Arabs are not going to stand in the way of dealing with the terrorist infrastucture on the West Bank.

Hawk



To: Bald Eagle who wrote (23585)4/5/2002 11:14:18 AM
From: BigBull  Read Replies (1) | Respond to of 281500
 
Me too. Oil as weapon was a big flop in '73-'74 and with a market oriented Russia rapidly increasing it's production capacity there's plenty of crude backing up in tank farms.

worldoil.com