Question and Answer: Recent Tension with Iran
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Question: On Sunday, 15th January, 2012, i.e yesterday, Mohammed Ali Khateebi, Iran's envoy to the OPEC warned the Gulf states against compensating for Iran's oil by supplying additional crude oil to the markets in case sanctions are imposed on Iran by the European Union. And as reported by the Iranian Sharq newspaper, Khateebi also warned that such compensatory supplies will evoke Iran's reaction which can not be predicted now. On…
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