Monday, August 8, 2011

The Saudis Use Oil to Punish the Iranians - BusinessWeek

RIYADH, SAUDI ARABIA - APRIL 06:  U.S. Ambassa...Image by Getty Images via @daylifeThe Arab (Saudi)-Iranian rivalry is centuries old. rom fighting wars in the ancient times to the last battle fought between Arab Iraqis and Iranians, the Arab-Iranian relationship has been a struggling one to say the least.

The latest episode of this age old rivalry involves trade where Saudis are trying to hurt Iranian oil exports to India! More on this from Bloomberg below:

The Saudis Use Oil to Punish the Iranians - BusinessWeek
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