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Most industry experts think that an embargo by the gulf states would be unlikely in the case of an American attack on Iraq.
"There were some who weren't all that certain that an embargo was going to last, and if it blew over, hell, we might have spent a pile of money and not been able to sell the cars," Gerstenberg said.
In fact, Putin knows that an embargo would hurt Russia more than Western consuming states.
But I also explained to him that an embargo is a two-way street.
The newspaper's editor, Sarah Sands, apologized and said the paper's journalists were "devastated" that an embargo had been breached.
There is no guarantee that an embargo of Iranian oil will precipitate a swift collapse of its government, nor is there a good assessment of how long this country can weather an oil embargo.
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"They want to change our policies through economic sanctions," he said of the United States and other nations that pushed an embargo through the Security Council.
We tried to exempt cigars," John Kennedy told me in early 1961 when I brought him the order that imposed an embargo on trade with Cuba, "but the cigar manufacturers in Tampa objected.
His last note was that he would refuse any aid from the United States as they (Cuba) would not accept aid from a country that has an embargo on them.
Now, almost two decades later, Trump is appealing to the same conservative Cuban-American crowd that supports an embargo against Cuba, but his promises to maintain a ban against the island nation ring hollow after his hypocrisy has been exposed.
On Monday, the 27 countries of the European Union agreed to ban Iranian oil imports in an embargo that will cover crude oil, petroleum and petrochemical products.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com