Hi Bud,
I guess anyone with a nuclear weapon doesn´t get attacked by the U.S. (see North Korea) or perhaps if your neighbor gets invaded for its oil you want a deterent so you won´t be attacked. Also it could be that if nuclear energy is good enough for China to increase their electric power generation capacity then it´s good enough for a Middle Eastern country. I don´t think it´s a given that the UN will impose sanctions on Iran. If they tried several countries might exercise their veto on the security council. I don´t remember was India or Pakastan sanctioned for their nuclear programs? Maybe Iran wants sanctions so it can sell oil at a higher price through the black market. There are many reason if one thinks a while.
Tom Irwin
snip
What I'd like to know is - What does a country sitting
on top of a sea of oil need with nuclear energy???
--- Bud Eble <[EMAIL PROTECTED]>wrote:
>
> "AUG 20: Oil may rise above $75 a barrel in the
> next three months if the dispute over Iran's nuclear
> programme causes the country to cut exports, said
> David Thurtell, head of commodity research at
> Commonwealth Bank of Australia. "
>
> snip
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