Why Iran's Seyyeds would never block the Straits of Hormuz

'We would never look to use oil as a weapon', Ahmadinejad said in response to a Thomson Financial News question.

OPEC SUMMIT ROUNDUP Ahmadinejad attacks US dollar, says won't use oil as weapon - Forbes.com

You know, if he did use it as a weapon, that would certainly end things for all the peak oil and Seyyed supporters.  Think of this scenario.   The US and its allies have enough power in the Persian Gulf to stop and monitor any traffic through the Straits of Hormuz.  It would not take that long for the world to realize that the oil is better used if it is all piped across to the Mediterranean, Arabian Sea or Red Sea.  The price would jump, but it would fall even more, as the contingency plans would kick in, and the whole world would be in the Persian Gulf.  Heck they would seal off Iran.  Moreover there would be a huge embargo on everything Iran did, Seyyed or otherwise.  Yes the monkey knows this.  Anyway with this comment of his, he is sure to drop the insurance rates, and so the price of oil will collapse.  And he wanted the price to go up.  What a nutter.  What a laugh.

Iran's Seyyeds ruling over China, helping slavery

China now gets at least 14 percent of its imported oil from Iran, making it China's largest supplier and the source of as much as $7 billion worth of oil this year, according to David Kirsch, a manager at PFC Energy.

Deepening China-Iran Ties Weaken Bid to Isolate Iran - washingtonpost.com

This is a clear case of the tail wagging the "Chinese" dog.  And of course it is the Seyyeds that are ultimately controlling the cost of cheap energy to China's industrial zones.  And ironically it is the big western firms that are taking advantage of this situation.  For example Wal-Mart is making $USD 1 billion a day in revenue. And the weak dollar helps them sell their stuff.  The next time you go to Wal-Mart, and you see something without a name or location where it is made, you know that is was made by a prisoner, using Iranian Oil.  Don't buy it.  Buy a product made in your own country.  Don't help 21st Century slavery.

How many Opecs for a peanut?

The Iranian president called for drawing up of a comprehensive plan for OPEC and establishment of an specialized bank called "OPEC Bank" to safeguard the hard currencies of OPEC member states.

http://www2.irna.ir/en/news/view/menu-234/0711181674163039.htm

First the madman said that Iran will not trade in US dollars. But did that mean that the Chinese bought crude oil in Euros? No. Next he went on about creating a new oil bourse in Kish. Did that change anything? No. The world still looks at the WTI and Brent in US dollars. Finally he learnt how feable and pathetic he is, when the major banks of Iran were thrown out of the world's financial system. So the poor chap and his brigade of zombies are so arrogant, that they want the world to trade in what presumably would be called Opecs. Can you imagine going to a bar in London, and asking "how many Opecs is it for a beer?" You know that is why we call him Anatarinejad (Anatar means monkey). This monkey is full of tricks and he thinks he is so clever. Any peanuts anyone for the monkey?