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Syria-Lebanon-Iran
Defiant Iran threatens to use 'oil weapon' against sanctions
2006-08-08
IRAN yesterday rejected a United Nations demand that it halt uranium enrichment work, vowing instead to expand its controversial nuclear programme and threatening to block oil exports to the West if sanctions are imposed.

In a blunt response to international concern about Iran’s nuclear ambitions, Ali Larijani, the chief negotiator on atomic issues, said that Tehran was ready for a showdown with world powers when the matter was taken up by the UN Security Council this month. “We will expand nuclear technology at whatever stage it may be necessary and all of Iran’s nuclear technology including the [centrifuge] cascades will be expanded,” he said in Tehran.

The announcement was regarded not simply as another rhetorical outburst from Tehran but rather the precursor of a formal reply to the West which will be delivered in full on August 22.

Mr Larijani said yesterday that Iran had a right under the nuclear Non-Proliferation Treaty (NPT) to build a civilian nuclear programme. He said Iran was planning to expand its operations at the heavily-guarded Natanz facility in central Iran, where the authorities hope to have 3,000 centrifuges — which enrich uranium by spinning it at supersonic speeds — operating by the end of this year. “We will expand nuclear activities where required. It includes all nuclear technology including the string of centrifuges,” he said. ”We won’t accept suspension.”

Mr Larijani also served warning that Iran would retaliate if the world imposed sanctions. “We will react in a way that would be painful for them. They should not think that they can hurt us and we would stand still without a reaction.

“We do not want to use the oil weapon. Do not force us to do something that will make people shiver in the cold. We do not want that,” he said.

Experts are divided over whether Iran would carry out its threat to withhold oil sales as a political weapon. The dispute with Iran is already responsible for pushing crude oil prices up to record levels. As Iran is the fourth largest Opec exporter, a freeze on oil sales could push up prices even further and could trigger an energy crisis.

Iran would, however, also suffer greatly. Oil accounts for 80 per cent of the countryÂ’s export earnings and the local economy would collapse if crude exports were halted indefinitely.

In the past Iran has cleverly managed to divide the permanent members of the UN Security Council, using China and Russia, which has large commercial interests in Iran and is building the main nuclear power station at Bushher, to avoid sanctions. The international mood has hardened, however, not least because of IranÂ’s support for Hezbollah in its war with Israel.
Posted by:Steve White

#3  Â“We do not want to use the oil weapon. Do not force us to do something that will make people shiver in the cold. We do not want that,” he said.

How about if we just circumvent all debate and blow their petroleum production capacity to he||? Let them eat sand.
Posted by: Zenster   2006-08-08 16:54  

#2  So wait - if the West blocks the sale of Iraninan products Iran will refuse to sell them?

Is that how it works?
Posted by: Oldcat   2006-08-08 11:54  

#1  Go ahead. Eat Allan's grace.
Posted by: gromgoru   2006-08-08 06:38  

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