Iran's attack defeats west - In the end the west is desperately happy to have oil prices start crawling back towards affordability, and China is just as glad - so let's face it - nobody with power can touch Iran unless they want their economy destroyed by Iran first.

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Three weeks of terrifying "economic sanctions" by Iran on the west, using the power of spin, PR and global media fanaticism, have left most enemies of Iran reeling, still bleeding and in pain from the financial repercussions of oil prices climbing steadily towards infinity.

Even now the price isn't coming down in any real sense, it's just deflating a bit at its new high level. Even China, in full economic bloom, suffered from the oil price hike.

Seems the price of barrel oil started coming down as soon as the US agreed to talk to Iran. If true would mean the oil balloon is speculation based on war with Iran. One further could speculate that the talks stalled, and US went back to the usual 'Iran is everything evil under the sun', and the oil price drop has stalled.

Knolyourself - this is just spam advertising and will be deleted soon. The page linked to is just full of google ads

Thanks for the heads-up Mark. Still I thought it was something needed be said.

This is just administration propaganda really.

In all truth Iran probably has little to do with the price of oil, I didn't hear anything about Iran and the price of gas one year ago, but come election time and all of a sudden it's "Iran's fault".

Yeh right.

Zarm Nefilin wrote:

This is just administration propaganda really.

In all truth Iran probably has little to do with the price of oil, I didn't hear anything about Iran and the price of gas one year ago, but come election time and all of a sudden it's "Iran's fault".

Yeh right.

Absolutely right
This is just a foul play.