'Warships real deal, Iran oil ban is propaganda'
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Iran has apparently found a way to stay in business despite a new EU oil embargo and asset freeze. India is reportedly agreeing to pay Iran in gold for its oil, instead of US dollars. Reports suggest Iran's biggest customer, China, could follow suit. Christoph R. Horstel, a government consultant and political analyst in Potsdam, Germany says he thinks the EU embargo is doomed to fail.
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Added on Feb 21, 2012 by DeekJackson
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