any country seeking iran oil exemption such as south korea should be punished with embargo as she has no interest of the welfare of all nations on top of her business interest. Electroni c products as well as all products from south korea should be banned consequently for good of all other nations South korea will be a warning of consequence to all nations which has no interest of the welfare of hard working nations

under the embargo pressure, iran start selling oil to china covertly at us$20 a barrel now as a condition to keep purchasing So it is logical and practical to assume oil under us$20 a barrel is possible Every nation should look up and follow china's way of bargain and if necessary create a situation to meet demands collaborati on among governments of all nations is a key of power to restore an acceptable oil price that peace may also be restored as well to all hard working people of all nations

since EMBARGO is so affective restoring the original oil price so it should be imposed on all terrorist selfish nations of oil sucker who depend on oil for pleasure and not even want to work as people do in all other nations or else the current trend of restoring oil price under us$20 a barrel will never be realized SHOULD we feed those lazy greedy pigs in the oil rich nation with our hard earned money who only labour shopping spree around the world non-stop now as princes EMBARGO ON IRAN should permanently maintain as a warning for playing with the oil price to those oil rich nations Other nations should follow Obama's footstep to set an embargo on any nation attempting to hike the oil price OPEC should be banned at all in international oil trading as it is the mastermind of today's incredible oil price comparing to the price before 2006 IT IS TIME TO ACT OR SHOULD BE TOO LATE AND YOUR FATE MIGHT BE VERY SOON TODAY'S GREECE TRAGEDY

EMBARGO on iran eventually works as the price of oil falls under us$90 a barrel now though iran played a lot of evil collaborating with her terrorist brothers hiking the oil price many time right after embargo

The Evil Zionist led IMF is entirely going to lowball the enormous price increases which a Zionist directed Apartheid Israel led war on Iran would produce.

A handful of Petrol Oil specialists routinely place the resulting cost of a barrel of Oil in a War on Iran period to be 200+ Dollars a Barrel which is at least a 100% if not more. FAR more than a mere 30% increase in price.

And IF Iran sank one or two Saudi Oil Supertankers in the shallow, narrow Gulf Shipping Channel, that could effectively plug up entry and egress to the Saudi/Kuwati Oil ports and Oil exports would be rare and very difficult to find as multiple nations around the world ran out of fuel within 30 days. Of course the goose stepping Zionists don't want the Western Citizens to become aware of that possibility or they would never be swayed to go along with their illegal, immoral War on Iran.

Not only would crude Oil Exports be 200+ a Barrel, it would bankrupt USA,UK and EU-Zone economy's as well as seriously torpedo the Western regional economic recovery. Such of course is also not even mentioned by the evil Zionists leading Apartheid Israel who are pushing 24/7 for a US War on Iran on their behalf. The evil Zionists want US to sacrifice hundreds if not THOUSANDS of their lives, along with their economic recovery and plung millions of US citizens into bankrupty thru extreme gas prices SO that Iran can be attacked.

Tel l those evil Zionist serpents to do that themselves! Of course the world and Iran knows that while the Israeli Zionist goose stepping IDF are tops in machine gunning Palestinian children throwing rocks, they got their butts kicked by the Hezbollah troops armed with machine guns and RPGs. Iran's troops would do the same to the IDF and celebrate in doing so.

Who's worried -- the Zionists are not for sure. Maybe its part of their plan to crash the USA and EU who are waiting for their so called Mesiah  to see  if their on the to be saved list. Crackpots.

Worry about the Eurozone collapse in a few months. Worry about the subsequent global economic collapse. Worry about a military coup in China. 30 percent price shock doesn't look so bad now does it?

So, if the worlds oil was physically blocked from moving to its place of consumption thousands of miles away, what happens to the consumers of that oil? they wont be able to physically consume it. If there is war, and i dont think anyone in the west is that stupid, the price becomes immaterial as the oil wont physically be available. Oil Price is the measure of how much oil is physically available on the market.

As many studies show,  destruction of Israel was  the most discussed issue in the last seventy years for Politicians, Journalist, Publicist, Authors, Philosoph, Militarist, Strategist and especially for  almighty God. The whole humankind is awaiting for  the "fake state"

30% rise is very unlikely i think if iran is attacked they will retaliate by bombing all oil terminals especially qatar saudi bahrain and then prices could at least treble this would destroy the west and personally i think this is what we deserve for letting the usa terrorise start revolutions and wars in the middle east so go ahead obuma and see what happens i was going to call you a monkey but monkeys are a lot cleverer than you terrorist scumbag

Inflation is Back wrote in #6
Yeah this sucks.  Gasoline was only $3.39/gal a few weeks ago, and now the minimum price you can find it is at $4.49/gal.

Th en they say it's supposed to go to over $5.00 this summer, and if a war starts, the minimum it would expect to go up to is over $6.00/gal.

Yo u can hardly drive anywhere, anymore, and if you are forced to drive places, then you have to cut back on everything else.  But, all other prices are also going up by 11% or more; so we are now again in the age of general inflation in the US     OHH come on mate, back in Lithuania we pay 7,3 usd per gal and our av salary 5000 usd per yr. So be quiet.

I think a 100% or more oil shock  is more realistic.  War in the Persian Gulf will stop the flow of oil from the region.

right in the Middle of one Red Square.

Yeah this sucks.  Gasoline was only $3.39/gal a few weeks ago, and now the minimum price you can find it is at $4.49/gal.

Th en they say it's supposed to go to over $5.00 this summer, and if a war starts, the minimum it would expect to go up to is over $6.00/gal.

Yo u can hardly drive anywhere, anymore, and if you are forced to drive places, then you have to cut back on everything else.  But, all other prices are also going up by 11% or more; so we are now again in the age of general inflation in the US

isnt it bad enough the zionists on wall street stole trillions of dollars. bankrupting countries ierland greece italy spain portugal that we know of now israel wants to bomb iran and cause more greif to the world, high oil prices... just nuke israel the world would be a more peaceful place to live. these people are nothing but trouble.

Psychopath and needs to be locked up.  You need Help Eurasian. 

@Eurasian
I see you won't change your stance on that matter? That the west have killed 150 million people since the end of ww2....

And the thing is that even if, and I say IF, they take over Iran the oil prices wouldn’t drop back down. All the world have seen from them was creating instabilities, chaos, warmongering madness killing millions upon millions.

the world will collaps bcz of zionist think now or pay the price!!