Iranian Oil & Gas Deals in Jeopardy?

Iran has recently in no uncertain terms threatened European oil majors with the invalidation of their energy contracts with the country if Iranian relations with the British, French and German governments deteriorate further amid their efforts to curb Iran’s nuclear programme, negotiations to which end have not long broken down. Is this just an idle threat, mere posturing by a two bit petroleum state? Or does it presage real trouble ahead?

Resource Investor