Despite threats, Iran unlikely to block oil shipments through Strait of Hormuz
http://dervishcom.blogspot.com/2011/12/despite-threats-iran-unlikely-to-block.html
Thank you for using rssforward.com! This service has been made possible by all our customers. In order to provide a sustainable, best of the breed RSS to Email experience, we've chosen to keep this as a paid subscription service. If you are satisfied with your free trial, please sign-up today. Subscriptions without a plan would soon be removed. Thank you!
TEHRAN – Despite its latest warnings in response to the possibility of a Western oil boycott, Iran is unlikely to make good on its repeated threats to close the Strait of Hormuz because the Islamic Republic needs the strategic waterway as much as or more than its adversaries, analysts say.
Iran, which feels threatened by the presence of U.S. bases and warships in the region, has warned for years that it would choke off the strait in case of war or economic sanctions. The narrow passage at the entrance to the Persian Gulf hosts a daily caravan of tankers that transport roughly a third of the world's oil shipments.
Read full article >>-
Source: http://feeds.washingtonpost.com/click.phdo?i=f34f81e0632d6171431eae8f73bf99a7
--
Manage subscription | Powered by rssforward.com
