Iran to Europe: Want Oil? Meet These Demands. -- Christian Science Monitor
Iran has threatened to cut off its oil exports to Europe unless European countries agree to a series of economic concessions that would go against recently approved sanctions.
In response to a European Union embargo on Iranian oil scheduled to into effect in July, Iran has threatened to unilaterally cut off its oil exports to six European nations. But while many observers see the move as a toothless bluff aimed at pushing oil prices upward, the prospect of uncertainty could prove disastrous for fragile European and global economies.
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My Comment: The Europeans are many things .... but bowing down to the mullahs in Tehran is not going to happen.
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