January 04, 2009

Oil embargo redux?

Reuters (via Newsbusters) is reporting that Iran has called on "Islamic countries to cut oil exports to Israel's supporters in response to the Jewish state's offensive in Gaza, the official IRNA news agency reported on Sunday."

Good luck with that. OPEC is cashed strapped, and 1973 (when the last such embargo took place) was a radically different time than today. For one, the sympathy for Hamas/Palestinians isn't at all what it once was.

Posted by Hube at January 4, 2009 04:40 PM | TrackBack

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