Hidden Nook

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Monday, September 05, 2005

EU And Iran Helping Out the US With Oil?

[Media Source*]

(Hat Tip: Regime Change Iran)

(EU Observer) The EU is set next week to discuss its strategy for tackling the current problems caused by soaring oil prices, as several member states have suggested they are ready to release their stockpile reserves to the US or world markets.

"We are in contact with them and whatever they ask for they will be given, from reserves of oil that different countries have provided, to any other thing that they may need", EU foreign chief Javier Solana said on Friday (2 September) in Wales.

With hurricane Katrina causing severe economic damage to the US, (not to mention humanitarian damages as well) the European Union is generously offering oil towards the US in order to curb the lack of supply throughout the United States. Ironically, Iran has also offered America oil as well, despite the fact that our government is considering sanctions against the regime, although this may only be a tactic by Iran to avoid possible sanctions from the United Nations.

(Editor's Note: Would it be right for the US to consider their offer anyway?)

An Iranian Petroleum Ministry officials has announced Iran's readiness to send twenty million barrels of crude oil to the United States to help Washington deal with the consequences of Hurricane Katrina in the city of New Orleans and two other southern US states...

According to the report, [Iran's envoy to Organization of Petroleum Exporting Countries (OPEC) Ali] Kazempour added, "If the sanctions are lifted we can immediately send that quantity of oil to America." Dow Jones has not given any further details about Islamic Republic of Iran's help offer to US, put forth by Kazempour.

Although Washington may decline aid from Iran, some people may argue that the government should at least consider the offer while it is on the table, unless the US can match this with it's own reserves. With an allies and an enemies (including North Korea) displaying sympathy towards the victims of Katrina, one must wonder if the world has suddenly become a little warmer as well as a little bit more friendly.

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By Darnell Clayton • 10:54 PM • Email Post • •


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