Iraq Business News: Iraq Calls on Arabs to “Use Oil as Weapon”

Iraq Business News All the latest business news from Iraq

Iraq Calls on Arabs to "Use Oil as Weapon" Nov 16th 2012, 18:26 By John Lee. Reuters reports that Iraq’s representative to the Arab League said that Arab states should use oil as a weapon to put pressure on the United States and Israel over the attacks on Gaza. Qais al-Azzawy told reporters in Cairo on Friday: “Iraq will invite (Arab) ministers to use the weapon of oil, with the aim of asserting real pressure on the United States and whoever stands with Israel. “The economic weapon is the strongest one to be put into effect now, to assure of standing by the Palestinian people, in light of there being no military power that can stand in the face of Israel at the present time.“ (Source: Reuters)

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