The midget of Tehran wants to downplay sanctions. Really... as we speak, the Iranian parliament is debating a bill ending oil shipments to the EU. If this bill passes... oil exports would stop before European sanctions take hold. The Europeans import something like 600,000 barrels per day. Sanctions are also meant to freeze Iranian banking assets. So apparently, Tehran has prepared financing of crude to import nations like China, India or Turkey using local currency. Bypassing the US dollar. Nobody is fooled... the Islamic Republic wants a confrontation. They never intended to block the Straits... but attempt an oil embargo. Looks like the Ayatollahs have finally lost their marbles. Saudi Arabia and Kuwait alone have enough oil to fuel any Peugeot, Mercedes or BMW for a next few hundred years.
ISIS claims responsibility for bombing in Baghdad suburb; death toll hits 21 (Reuters)
from the article: Former IDF chief: Israel must prepare for possible attack on Iran