Many countries such as the US, France, Great Britain are very concern with Iran and other Middle Eastern countries because they believe that Iran and other middle Eastern countries are creating a nuclear program. Iran denies everything and they said that they are not creating any atomic weapons . They also said that their "program is for a peaceful purpose" but it seems like Iran is done getting picked on by the other countries and are now starting to jack up the prices for oil is as high as $105 for every barrel which is the highest exchange price since May of 2011.
The head of Iran's state oil company Ahmad Qalehbani threatened all the countries it sells oil too to by saying that Iran will stop selling oil to the nations who take action against its nuclear program.
As oil prices keep increasing each month do you think the US should step in and take action? Do you think Iran has the right to increase its oil prices?
http://www.sfgate.com/cgi-bin/article.cgi?f=/n/a/2012/02/19/financial/f204730S10.DTL
