The Iranian deputy oil minister said Sunday he did not believe the United Nations would impose sanctions on Iran because that would boost oil prices even higher. “Any action like that will increase oil prices very high. And I believe that the U.N. or its bodies will not put any sanctions on oil or the oil industry,” M.H. Nejad Hosseinian told reporters after talks in Islamabad with Pakistani officials over a proposed pipeline to transport Iranian gas to Pakistan and India. Full Story