Iran is starting to ordsprog

Iran is starting to loom in the picture as a threat to oil capacity.

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The threat from Iran has really penetrated, with two of three saying Iran's nuclear program represents a major threat. Among people who have been following news about the issue, there's even greater concern.

We are up above $60 because of Iran. If something happened in Iran we would be in trouble because there isn't enough spare capacity to make up for the loss. If there was 3 or 6 million barrels of spare capacity there wouldn't be this kind of reaction.

Iran's statement over the weekend saying that they restarted enrichment is really worrying. We don't expect sanctions because nobody wants oil at US$100 (US$1 = RM3.74). For now it's only talk. The situation is probably going to loom for the rest of the year.

Alexandre Kervinio

If these countries use all their means . . . to put pressure on Iran, Iran will use its capacity in the region.

The expansion of DMX-3 gives customers the greatest capacity and flexibility...it's like starting with a 19-inch-screen TV and having it grow uninterrupted to the largest size possible, but you're still able to watch the picture uninterrupted.

Overall there's a picture of a very aggressive movement to not only improve capacity and efficiency immediately but certainly build the framework for a new aviation system ... that will triple capacity.

We're concerned that Iran's activities pose an increasing threat to international peace and security. Iran's pattern of deception, its concealment, its confrontational approach, increasingly worries the world community.

Iran worries are moving the market. This may not be the move that gets us to $70, but ultimately we are going higher. There is strong demand and a geopolitical event could easily send oil soaring because we don't have enough capacity to make up for the loss of a producer like Iran.

The oil markets appear very nervous about the Iranian situation. Iran's production is essential for meeting world demand. There is not enough excess capacity within OPEC to make up for the lost supply if Iran were to stop selling oil.

The oil markets appears very nervous about the Iranian situation. Iran's production is essential for meeting world demand. There is not enough excess capacity within OPEC to make up for the lost supply if Iran were to stop selling oil.

Iran's restarting of its uranium enrichment program was a slap in the face to Europe, which has tried to negotiate a reasonable outcome to this threat to the world -- only to have Iran shove it right back it their face.

This is not a dramatic development, as Israel also favors a Middle East clean of nuclear weapons, when no threat will exist. The Iranian issue is what the UN is dealing with. The message is clear: Iran poses an immediate and terrifying global threat and it is good that the world has come to its senses.

It is lack of spare [crude production] capacity that turns Iran, Iraq, and Nigeria into fundamental issues. Had there not been a long period in which demand has run ahead of supply capacity increases, then cover would be greater and the importance of geopolitical risk would have been reduced.

Iran has every right . . . to develop atomic energy and to continue its research in that area, ... All over the world, there is a clamor for equality . . . and profound rejection of the imperialist desires of the U.S. government. Faced with the threat of the U.S. government against our brother people in Iran, count on us for all our support.

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