Brings the phrase 'shooting yourself in the foot' to a whole new level, as EU cuts off its own lifeline:
http://articles.economictimes.indiatimes.com/2012-01-27/news/30670483_1_oil-exports-iranian-oil-mohammad-ali-khatibi
http://www.tehrantimes.com/politics/94830-iran-need-not-sell-oil-to-europe-ahmadinejad
Can't say I blame Iran. The West has been too arrogant, too racist for too long. Victory must smell sweet, as they cut deals with other countries in other currencies...
UPDATE:
http://www.zerohedge.com/news/iran-blinks-delays-vote-european-crude-export-halt-even-us-escalates-military-developments-agai
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