Middle East Economic Survey


No 26



Oil Weapon Not Ruled Out, Says Irans Kazempour Ardebili

Tehran has not ruled out the use of the oil weapon if the US takes military action against Iran over its nuclear program, OPEC Governor Hossein Kazempour Ardebili told Sharq newspaper in a report published on 19 June. When the Americans say that military action in regard to the nuclear issue has not been put aside, he said, Iran can also say that it will not put aside oil as a tool. If...