Oil prices will rise, Iran says, if embargo comes

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Oil prices will rise, Iran says, if embargo comes

Christian Science Monitor - May 20, 2012


Oil prices will go up if European Union goes through with a total embargo on Iranian crude in July, Iran's economy minister says. IMF has warned oil prices could rise as much as 30 percent if Iran ...

Iran economy minister says EU embargo to push up oil price

Reuters - May 20, 2012


A selection of our best photos from India from the past seven days./ EDITORS' NOTE: Reuters and other foreign media are subject to Iranian restrictions on leaving the office to report, film or ...

Iran finance minister: 'Rest assured' record oil prices over nuclear sanctions

CNN - May 20, 2012


Iran's finance minister believes oil prices could rise as high as $160 a barrel thanks to sanctions over its nuclear program, a prediction that comes just as the chief of the United Nations ...

Iran economy minister says EU embargo to push up oil price-CNN

Reuters - May 20, 2012


Iran's economy minister said oil prices will "certainly" rise if the European Union moves ahead with an embargo in July and that sanctions will backfire on those who impose them. The European ...

Iranian Minister Predicts Oil Price Rise

Business Week - May 20, 2012


Iranian Economy Minister Shamseddin Hosseini said international oil prices will rise under sanctions designed to persuade the Persian Gulf nation to abandon its nuclear program. Oil prices might ...