An Iranian pro-reform newspaper says the country's OPEC governor has warned the country's Arab neighbors that Tehran will view any increase in crude production to counterbalance a potential embargo on Iranian oil as an unfriendly act. 
 
 A Sunday report by Shargh daily quotes Mohammad Ali Khatibi as saying that Arab nations will be an "accomplice in the consequences," if they raise output to offset any potential loss of Iranian crude exports due to an embargo. 
 
 New U.S. sanctions against Iran approved last month target the country's central bank and, by extension, its ability to sell petroleum abroad. The U.S. has delayed implementing the sanctions for at least six months. The EU is also contemplating an embargo. ||||| Saudi Arabia's oil minister says the OPEC powerhouse's readiness to boost oil output is not linked to sanctions that could affect Iran's oil exports. 
 
 Ali Al-Naimi was quoted by the Saudi daily Al-Ektisadiya on Sunday as saying the oil-rich kingdom was ready to use its spare production capacity to fill any market need. 
 
 But he said earlier pledges to boost output as needed were not linked to global worries over U.S. and potential European Union sanctions affecting Iranian oil exports. 
 
 The comments come as Iran's OPEC governor was quoted Sunday warning Arab oil producers against trying to compensate for any potential shortfall in his country's crude exports. 
 
 Iran has warned that it could shutter the vital Strait of Hormuz over sanctions affecting its oil exports.
– With the West about to increase sanctions on Iran to include oil sales abroad, Tehran is warning its Arab neighbors not to make a buck off of that embargo, reports the AP. Any Arab nation that raises its oil output will be an "accomplice in the consequences," warned Iran OPEC governor Mohammad Ali Khatibi. Meanwhile, the AP notes that Saudi Arabia's oil minister said today that his country was prepared to boost its petroleum production, but, ahem, just to fill market need, not in any way because of the Iran embargo. Iran has already threatened to block all oil going through the Strait of Hormuz if Western countries implement a petroleum embargo.