Watching the World: Tehran's impotence exposed

01/30/2012
Gulf Arabs are up in arms over attempts by Iran to drag them into its growing confrontation with the international community over nuclear weapons, as noted by one eminent Arab commentator. "I think that the Iranian government is disappointed that oil prices have not soared as a result of the successive sanctions imposed by the US and Europe against it," said Abdul Rahman Al-Rashid, general manager of the Dubai-based al-Arabiya TV. Iran was hoping for an upsurge in oil prices that could force its rivals to retract their boycott, especially amid a nervous market still reeling from disruptions in Libya. Iran was disappointed that sanctions did not raise prices and turned to reitera...
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