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Page added on February 4, 2006

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Iran MP: Could Disrupt Gulf Oil Flow If Sanctions

The semi-official Mehrnews quoted Soleiman Jaffar-zadeh, a member of the conservative Iranian Parliament’s National Security and Foreign Relations Committee, as saying political and economic sanctions against Iran would be ineffective and useless.

He warned oil producing countries in the Gulf region, particularly Saudi Arabia, that any sanctions on the export of Iranian oil would also negatively affect the oil exports out of the waterway by other producers. “Countries such as Saudi Arabia which play mischief these days and claim they would compensate for the oil market shortage and prevent a rise in its price with increased oil production in case of Iran’s sanction must know that under those conditions there would be no oil tanker leaving the Persian Gulf intact,” Jaffar-zadeh said.

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