"On the other hand, Iran can't afford to use its oil weapon, either," he said.
November 23: Arab summit conference adopts open and secret resolutions on the use of the oil weapon.
But embargoes are not the powerful "oil weapon" that people think they are.
On the contrary, official spokesmen assured the world that no such "oil weapon" or booting-out of Americans was discussed.
Iranian officials have repeatedly said they might use their country's "oil weapon" in a confrontation with the West.
It was the use 11 days later of the "oil weapon," and the price increases that followed, which tipped the scales of history.
If Iraq, Iran and others use their "oil weapon", they may just end up shooting themselves in the foot.
Oil producers realized how powerful the oil weapon could be but they also noticed that it was double-edged.
We must take away the Middle East's "oil weapon."
The only real oil weapon is the one that American politicians use to justify energy plans and Middle East adventures.