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Monday, February 06, 2006

Oil prices soar as Iran resumes nuclear enrichment

At this point it seems safe to say that Chavez and Ahm-an-idjit are playing from the same script.

SYDNEY, Feb 6 (Reuters) - Oil prices surged on Monday after Iran resumed uranium enrichment and ended United Nations checks of its nuclear sites in response to being reported to the Security Council over concerns it is building nuclear weapons.

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"Our enemies cannot do a damn thing. We do not need you at all. But you are in need of the Iranian nation," Ahmadinejad told a crowd in Tehran on Sunday.

WORSE THAN HITLER

Adding to geopolitical uncertainty, Venezuelan President Hugo Chavez told a rally of supporters on Saturday that U.S. President George W. Bush was worse than Hitler and vowed to buy more arms to defend his nation as diplomatic relations deteriorated after a week of tit-for-tat diplomatic expulsions.

Chavez warned he could shut Venezuelan oil refineries in the United States and sell oil for the U.S. market elsewhere if Washington cuts off ties, although U.S. officials have made no suggestion they plan to break relations.

Reuters

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