Iran postpones vote on banning oil sales to EU

Oil prices will rise regardless of what happens due to greed and greed alone. Other arab nations did say that they will step up production to prevent any increase in oil prices. But the price will go up regardless. Canada should run a pipeline from east to west and supply their own country with stable fuel prices and sell what we don't need. This will create a secure and safe energy security while increasing our economy and more jobs right across our nation. We do not have to import oil from any other nations where they would increase the cost because they can. We then become more stable, better groth with a secure future. I dare our politicians to look and secure our future long term with vision. DARE YA! The same can be said for natural gas..Canada Rocks!!!

just another excuse for the oil companies to raise the price of gas at the pumps it will probably happen the day before next payday.That seems to be the norm.

You're right, Tazz. Oil companies raise prices in anticipation of possible problems. They do not refund anything when the problems don't happen, though. Surprise!

Even if the Arabs step up production, the oil will be very very poor quality. Arab countries are already pumping at near maximum capacity. The oil embargo on Iran will have a negative impact on everyone except the oil companies who will profit from higher gas prices.

China will buy ALL of irans oil and back them as a major supplier and ally now... so gfl tryng to pizz them off

If Europe is on the verge of financial collapse, how are they going to pay for this oil? Let me see……borrow from the Federal Reserve? Now that’s funny!!

Better to deal with China, they'll pay cash. With Europe you don't know if you'll ever get paid.

This will drive another nail into the coffin of any hope, for the Euro-zone recovery !

I think there are Thoughts behind this is issue, West has the economic crisis And needs money and with Increase taxes (or else) he want To offset he's budget deficit. what happen if the dont buy 20% oil from Iran? maybe a little oil price rise but They increase the price of gasoline Two to three steps. So this vote of EU is against of own People and benefit of rich people.

Ahhhh - if only everybody would stop using these weapons of mass disruption.

This is a good move by Iran
Let's see how the US counters.

....Germany pays $3 per litre...this embargo will paralyze their economy,,,,

we pay price for are stupid Regime in west . because they are living in warm place and not worry to go work every days or feed family

When hydrogen, electric or other technologies rid us of oil, these countries will all become Haiti's......and then arrive here as refugees, which we'll accept sight unseen.

The lengths the world will go to serve their Zionist masters! Iran is bad, but there are worse and more dangerous threats. Amazing that the NK nukes aimed at the US don't seem to matter, but threats to Israel and the US is shaking in their boots!

Hats off to Iran. They finally figured out how to deal with those arrogant penniless butt kissers. On the other hand everybody should mind their own business. Iranians are not telling us what to do, so why do we think that we have any right to interfere in another nation's affairs. Everyone should keep in mind that 99% of us know what we think we 'know' about Iran and other "unfriendly nations" from the mainstream media. Now I don't have to tell that these "information providers" are hardly independent and impartial. Just out of curiosity try googling "six jewish companies that own 96% of the world's media". So what do we really know about these people and how much of what we think we 'know' are actual facts and how much is what we were fed by these outlets? I'm neither antisemitic nor pro-iranian, I just think that we hardly ever get to hear the other guy's story and still we all have strong opinions about those "unfriendly nations".

I hope that one day Iran bombs China. That will be the thank you they'll give to the Chinese for their business, and they'll deserve it.

Way to go Iran. Sanction yourself ha ha

so did eu screw up itself?

Countries need to mind their own damn business! Focus on your own backyards and not everyone elses!!! Maybe that would bring some peace in this "disintegrating" world! UNREAL
AND TIRING!