Iran warns of retaliation over oil sanctions | Reuters

Iran warns of retaliation over oil sanctions | Reuters: "Reuters) - Iran's Supreme Leader Ayatollah Ali Khamenei said on Friday Iran would retaliate over Western-backed oil sanctions and any threat of attack, after U.S. Defense Secretary Leon Panetta was cited as saying he feared a possible Israeli strike as early as April.

Khamenei's defiant speech to mark the anniversary of the 1979 Islamic Revolution was the first direct response to tighter sanctions imposed by the West in recent weeks to force Tehran to abandon a nuclear program it says has purely peaceful ends."

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