Iran threatens to use ‘oil weapon’ in nuclear standoff
Yet another example why we need a better energy policy that will yield less dependency upon foreign oil.
The President’s biofuels initiative promises to “replace more than 75 percent of our current level of oil imports from the Middle East by 2005.”
- Energy crisis would leave people ‘shivering in cold’
- UN deadline looms for Tehran to accept deal
Iran warned Britain and the US yesterday that the international community could face a new oil crisis if the United Nations security council imposes sanctions on Tehran over its alleged attempt to acquire a nuclear weapons-making capability. …[Read more]