And then sit back and wait it out. In the long run the price of oil is neither here nor there, it's whether or not there's any available that is deciding factor when it comes to winning or losing. And for any that believe Iran’s refining plants would be vunerable, well that’s true they would. But so would all the gulf installations and they damn well know it.
Spain investigating ex-IMF chief Rato for fraud (Reuters)
from the article: Obama: Global oil supply sufficient for sanctions on Iran