Iran launches "Oil War"

Iran stepped up its defiance of international pressure over its nuclear program by warning of soaring oil prices if it is subjected to economic sanctions. As diplomats from the US, Europe, Russia, and China prepared to meet in London to discuss referring Tehran to the UN security council, Iran's economy minister, Davoud Danesh-Jafari, said the country's position as the world's fourth-largest oil producer meant such action would have grave consequences.

In a provocative move, Iran also announced plans to convene a "scientific" conference to examine the evidence supporting the Holocaust. The news comes weeks after President Mahmoud Ahmadinejad provoked a global outcry by describing the slaughter of 6 million Jews by the Nazis in the second world war as a "myth".

And the nutball dictator of the year award goes to ..........


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