Iran Vows To Confront “Malicious” Embargo!

[youtube=http://www.youtube.com/watch?feature=player_embedded&v=KLSlmLx4Fls]

• All the talk about an Iranian nuclear threat is a red herring! It is propaganda BS used as a pretext for a coming war against Iran. Iran does not have any nuclear bombs nor a nuclear weapons program. The real nuclear threat in the Middle East is Zionist ‘666’ Israel, the Satanic counterfeit, with its 400+ nuclear bombs and nuclear armed submarines!
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  Iran vows to confront “malicious” embargo! 
  By Marcus George, http://www.reuters.com/ 
  Iran pledged to counter the impact of a European Union oil embargo which took full effect on Sunday, saying it had built up $150 billion in foreign reserves to protect itself.
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  The EU ban on crude imports is part of a push by Western countries aimed at choking Iran’s export earnings and forcing it to curb a nuclear programme they fear includes weapons development. Tehran says it has no such plan. “We are implementing programmes to counter sanctions and we will confront these malicious policies,” Mehr news agency quoted central bank governor Mahmoud Bahmani as saying.
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  He said the effects of the sanctions were tough but that Iran had built up $150 billion in foreign reserves.
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  The European Union banned new contracts for imports of Iranian crude in January, but allowed existing ones to continue until July 1. EU firms are also barred from transporting Iranian crude or insuring shipments under the sanctions.
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  “They signal our clear determination to intensify the peaceful diplomatic pressure,” British Foreign Secretary William Hague said in a statement.
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  So far, sanctions have not forced Iran into concessions on its nuclear programme – in fact it demands that they stop before it will take steps to curb uranium enrichment – and France and Britain have signaled more measures could come.
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  The United States has also imposed a new round of sanctions that could punish foreign countries dealing in Iranian oil, although it gave exemptions to 20 major oil buyers that are cutting purchases. “All possible options have been planned in government to counter sanctions,” Iranian Oil Minister Rostam Qasemi said in comments on the ministry’s website. Qasemi said oil importers would be the big losers if a blockade leads to price rises.
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