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  Gulf guarantees compensation if Iran's oil has been blocked/campaign to crack down on Iran's oil exports are making progress/

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PostSubject: Gulf guarantees compensation if Iran's oil has been blocked/campaign to crack down on Iran's oil exports are making progress/   Mon Jan 16, 2012 1:17 am


16/01/2012 07:55

Beirut, January 16, 2012 (AKnews) - spoke of the "New York Times" for the U.S. for Asian countries, guarantees that the Gulf states would compensate any shortfall in supply to the world's oil, in the event of a ban on Iranian oil exports.

The newspaper said the U.S. "The increased pressure on Iran with the United States confirm that they are determined to isolate Iran's central bank."

In addition, the newspaper said that "three of the largest customers of Iranian oil, are Japan, South Korea and China, have received assurances that Saudi Arabia and other Gulf producers are compensated, any gap in supply."

"The New York Times" that the administration of U.S. President Barack Obama "said that its campaign to crack down on Iran's oil exports are making progress, amid signs that Japan, South Korea and even China are looking for alternatives to Iran, in order to comply with U.S. sanctions on the Central Bank of Iran, which is from which most of the purchases. "

The newspaper quoted a senior administration official as saying the U.S. "We are targeting through sanctions, closure of the Central Bank of Iran."

He said the U.S. official that the purchase of oil is the key to this effort, as the oil "is the largest source of income for the country."

The newspaper added that "the delegates from the Ministries of Foreign Affairs, Energy and the U.S. Treasury, are trying to persuade Iran's main oil customer, to recruit an ambitious project, designed to push one of the largest producers in the world to reduce production to prevent high oil prices."

From: Khalil al-Khalil, the Open: Peace Baghdadi
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Gulf guarantees compensation if Iran's oil has been blocked/campaign to crack down on Iran's oil exports are making progress/
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