Yes DMB, but Iran has until late May until more sanctions are imposed on them.
In the meantime, they do what they can to stir the oil barrel and keep prices above sixty bucks, as they just did with the disputed territorial waters fiasco, whereby they 'captured' 15 Brits to 'put on a show' and keep tensions and oil prices as high as possible.
The Middle East is 'all about the oil', make no mistake. The industrialized countries simply cannot maintain their economies without a steady affordable flow of the 'black gold'.
That is precisely why domestic oil and gas will become increasingly important to the USA.
From this a.m.'s MSN.com article similar to the one you just posted.
"The United Nations has vowed to ratchet up sanctions as long as Iran refuses to suspend enrichment. The Security Council first imposed limited sanctions in December, then increased them slightly last month and has set a new deadline of late May".
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