The military showdown in the Persian Gulf seems even more inevitable, with the UK foreign secretary not ruling out military action against Iran. Applying even more pressure to the country, Europe may ban Iranian oil imports by the end of the month.
The UK will continue to pursue a diplomatic solution to bringing Iran to the negotiating table, although, according to the UK Foreign Secretary William Hague, his country has not "ruled out any option, or supporting any option."
"We believe all options should be on the table, that is part of the pressure on Iran, but we are clearly not calling for or advocating military action," Hague said.
RT Report: http://rt.com/news/iran-oil-eu-sanctions-903/
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@hrhjudy The crazy thing is, the EU oil embargo will hurt EU economies far more than it will hurt Iran, who have already agreed to sell more oil to China and India. A 30% increase in the price of oil, which is being predicted as a result of this embargo, will cripple many EU economies, the UK included. I don't think they have thought this strategy through at all.
vyperius 3 weeks ago
a petrol induced famine, nothing like it, the poor get poorer, the rich get richer.. woe to planet earth.. thats only tip of burger ice
hrhjudy 1 month ago