Iran Threatens to Use ‘Oil Weapon’ in Nuclear Standoff

The Guardian – 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.

Speaking in Tehran, Ali Larijani, the country’s chief nuclear negotiator and head of the supreme national security council, said Iran would be reluctant to cut its oil exports. “We do not want to use the oil weapon. It is them who would impose it upon us.”

But Mr Larijani added that if the west did decide on sanctions, “we will react in a way that would be painful for them … Do not force us to do something that will make people shiver in the cold.”
The Guardian