Wednesday, May 12, 2004

Former Iraqi Oil Embargo a Fake?

You could probably consider this anecdotal but the author probably wouldn't have included it in the New York Post if he didn't feel it was true. As a media guy, I can tell you the Post has a daily circulation of 652,426 (SRDS, 2004.)

The complete text:

A source in the intelligence community tells me that the U.N. oil embargo of Saddam Hussein was worthless because Iraqi oil was being shipped all these years to a Caribbean island called St. Eustatius, unloaded into onshore tanks and then reloaded into U.S.-bound tanker ships.
The same switcheroo is being done with Iranian oil, I'm told.

Oh, and the source says Washington would rather nobody know about this.

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