"If America or Israel attacks Iran" then Iran would probably react, former Saudi oil minister Sheikh Zaki Yamani told reporters in London, and then "the price of oil will go three digits. "If you think logically this should not happen," he said, adding however that decisions are sometimes taken which are "against logic...like the invasion of Iraq."
Saudi oil minister Sheikh Zaki Yamani told reporters in London on Wednesday.

Iraq's stability is inevitably in Japan's national interest, as our nation imports about 90 percent of its crude oil from the Middle East. Iraq boasts the world's third-largest crude oil reserve. It's important for Japan to build a long-term strategic partnership with Iraq."
A Japanese foreign ministerial official said. the official said this ahead of the Iraqi Vice President Tariq al-Hashimi arriving in Tokyo on Wednesday night for talks on reconstruction of the war-torn nation, officials in Tokyo said. Hashimi will meet with Japanese Prime Minister Shinzo Abe on Thursday and a few other political leaders during his stay here, the official said.

Updated: March 21, 2007