Iran Oil Embargo

OPEC continues to practice its restraint of trade scot-free, with nary a word of condemnation given the influence of oil interests, the commodity exchanges, and our incredibly oblivious courts.

Considering the E.U.'s ban on 150 thousand barrels a day of oil coming from Syria, combined with unrecovered production drops in Libya, the E.U. will feel pressure from not buying Iranian oil. But will Iran feel any?

Iranian lawmakers this week expressed support for a measure that would beat the EU to the punch by cutting off oil exports before the summer. This amounts to a statement of economic warfare

By Parisa Hafezi TEHRAN, Feb 7 (Reuters) - Iran castigated its U.S. adversary on Tuesday over new financial measures to disrupt Irani...

The sanctions take place in a climate of increasing tension and concern over U.S. military action, an option the Obama administration said remains on the table. The administration hopes the sanctions will cause enough economic pain to force Tehran to engage in diplomacy.

TEHRAN, Iran — Military power near the strategic Strait of Hormuz could be bolstered by additional British forces, the country's defense secreta...

MOSCOW -- Russia's Foreign Ministry is criticizing the new European Union sanctions against Iran, saying they are a severe mistake likely to worsen te...

BRUSSELS — The European Union and Iran raised the stakes Monday in their test of wills over the Islamic republic's nuclear program, with the blo...

If we do not get the Persian Gulf states to support placing an effective oil embargo on Iran, perhaps we should contemplate letting these "allies" deal with Iran on their own.

A U.S. oil embargo on Iran appears risky, both because it would strengthen the hand of conservative clerics in Tehran and could entail a naval blockade, setting off a chain reaction.