Just like Iraqi and Libyan oil, Iranian oil is the highly coveted light crude. Most refineries are designed to process light crude so the gesture by countries like Saudi Arabia to produce more of their HEAVY crude (with high sulfur and heavy metal content) is an empty promise, due to the lack of refineries, designed to process heavy crude.

Of course EU “leaders” have been informed of that as well but the obedient lackeys are willing to destroy their economies for a reward from their masters.

The reward? A part of the booty!

Merkel ought to visit the Ukrainian activist group Femen, for a lecture in courage, honesty and consistency, she and her “colleagues” badly need.