Iran

[Skywalker]

Iran may threaten oil weapon, Arabs will not
Sunday, July 23, 2006

DUBAI - Reuters


Iran could threaten to use its oil weapon if Syria gets drawn into the conflict between Israel and Hizbollah guerrillas but Arab producers will not withhold their crude exports to exert pressure, analysts said.

"The only oil that could disappear from the market if this crisis develops is Iranian oil," said Mustafa Alani of the Gulf Research Council in Dubai.

"If there is an attack on Syria and if Iran is connected to this attack, militarily or politically, they could decide to stop oil exports for a few days," Alani said.

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