Visitors Now:
Total Visits:
Total Stories:
Profile image
By John Ale (Reporter)
Contributor profile | More stories
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Arabs to use oil power against Israel

Friday, November 16, 2012 22:43
% of readers think this story is Fact. Add your two cents.

(Before It's News)

 

Iraq envoy to Arab League calls on Arabs to use oil power against Israel
 

An oil pump (file photo)

An Iraqi official says Baghdad will invite Arab countries to use oil as an instrument to exert pressure on Tel Aviv and its Western allies for a halt to the Israeli offensive in the besieged Gaza Strip.


“Playing the economic card is our most powerful weapon at the moment in supporting the Palestinian people,” Iraq’s envoy to the Arab League Qais al-Azzawi said in a statement on Friday.

“Now there is no military potential for the Arabs to defend themselves… which leads us to think seriously about using the enormous economic potential of the Arabs against Israel,” the earlier statement said.

Israeli airstrikes, shelling, and artillery fire have left 30 Palestinians, including 8 children and a pregnant woman, dead and at least 280 others injured since Wednesday. Some of the injured are in critical condition.

On Saturday, the Arab League will convene an emergency meeting of foreign ministers in the Egyptian capital Cairo, where the bloc has its headquarters, to respond to deadly Israeli attacks against Palestinians in the Gaza Strip.

“What happened in 1973, when the Arabs stopped oil exports to Western states, is proof that this weapon can succeed in the battle between the Arabs and Israel,” Azzawi said of a decision taken during the October war.

The Iraqi envoy was referring to the oil embargo by the Organization of Petroleum Exporting Countries (OPEC) in October 1973, when Israel began a war on Arab states. Oil prices jumped and the embargo forced Western countries to back off from supporting Israel.

GJH/MA

SOURCE

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.