But this is realpolitik. Without Saudi as a buffer, Iran would be playing havoc and holding the world to ransom. Saudi are our bezzy mates........
The West's mainstream view of Iran being some global terrorist hotbed, isn't the view you'd get if you asked someone from the Middle East.
As I mentioned earlier, it can be attributed to their on going feud with particular Arab states, mainly the more dominant Saudis.
Any potential 'oil embargo' (if such one was capable), would be to hurt Saudi interests: we'd simply be a nice piece of collateral damage.
The war in Syria boils down to a proxy war between the two nation states. Iranian support is for Assad and the Saudis support his opposition.
My Jordanian friend quickly attributed the decreasing price of Brent oil as a means of attacking certain long term interests of the Saudis.
Namely, US fracking interests and Russian support for Syria. Drop in prices will have limited effect to them, as they still sit on large reserves.
Russia on the other hand is taking a huge financial dip due to the decreasing price of Brent. Large US industries are already feeling the pinch.
Can they afford to invest the large sums required to facilitate the required infrastructure needed for fracking? With the current oil price, no.
We're so afraid of upsetting our 'bezzies' as they wield so much power, but in the long term it may cause us to make some difficult decisions.
The relaxed relations with Iran highlight this. We're trying to appease both parties at once, as we're clearly stuck in the middle of a political battle.