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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (4449)	2/21/2006 8:57:59 PM
From: energyplay	Respond to of 218645

Funny- about March 6 is when the IAEA report goes to the UN Security council. Now if the EU sanctions Iran, will they use their currency (Euros) to participate in the market in Iran ? If you are an oil trader, will your funds be frozen if they could be traced to an Iranian bank ? And, will the oil be delivered ? Overland, maybe.... As long as "Kurdish Militants" or "former Taleban" (the US should have enough captured Taleban stuff to make that look reasonable) don't damage the pipelines. Over the ocean... Well maybe if the buyer is China or Japan or someone the US needs. But Malaysia, South Africa, India, Argentina AND un-affiliated oil traders might have a different experience. Lota of things can happen out on the ocean..... Need a big blue water Navy to stop this, of course.