The Return Of Oil As A Weapon

Iran And The West Rediscover Oil As Weapon -- Spiegel Online

Four decades after the 1973 oil shock, Iran and the West are once again embracing oil as a weapon. Tehran is threatening to block the Strait of Hormuz, while the industrialized countries are considering a boycott of Iranian oil. But both sides will suffer if such tactics are used.

Surprisingly enough, supertankers don't burn very well. Although the crude oil they transport is highly flammable, there is not enough oxygen in their tanks to create an explosive mixture.

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My Comment: Oil as a weapon can no longer be used as it once it was. Both OPEC and the oil importing countries have become dependent on each other .... and breaking this cycle .... which sanctions on Iran's oil will produce .... will open a door that we may wish was kept shut.

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