“The Islamic Republic of Iran is resolved to provide Asia with the energy it needs as a reliable and effective source of energy and will not use oil as a foreign policy,” he told a conference on energy and security issues in Teheran.
The point here is that they will provide Asia with all it wants.
They are doing major deals with China, India and the rest of Asia. China alone will take all Iran wants to pump and sell to them. There will be little coming from Iran to the West. But the worse off this is that Iran commences its own Oil market (bourse) this month, with deals exclusivly in Euro's - no longer dollars.
So I am afraid it is still little or non of Irans oil for the West.
Non from Iraq, Venezula Russia or maybe even Dubai soon. who do we manage too allienate next ?
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