Iran 'definitely' closing Strait of Hormuz over EU oil embargo

Iran 'definitely' closing Strait of Hormuz over EU oil embargo

Published: 23 January, 2012, 16:07
Edited: 23 January, 2012, 22:25

Iranian Navy boats take part in maneuvers during the "Velayat-90" navy exercises in the Strait of Hormuz in southern Iran (AFP Photo / EBRAHIM NOROOZI)

Iranian Navy boats take part in maneuvers during the "Velayat-90" navy exercises in the Strait of Hormuz in southern Iran (AFP Photo / EBRAHIM NOROOZI)

TRENDS: Iran tension

TAGS: Conflict, Military, EU, Politics, Iran, USA, Vessels

Tensions in the Gulf could reach a breaking point as a senior Iranian official said Iran would “definitely” close the Strait of Hormuz if an EU oil embargo disrupted the export of crude oil.

Mohammad Kossari, deputy head of parliament's foreign affairs and national security committee, issued the warning in respone to a decision by the European Union on Monday  to impose an oil embargo on Iran over the country’s alleged nuclear weapons program. 

“The pressure of sanctions is designed to try and make sure that Iran takes seriously our request to come to the table,” EU foreign policy chief Catherine Ashton said.

However, with Washington’s decision to deploy a second carrier strike group in the Gulf, the EU’s attempt to pressure Iran economically could greatly increase the likelihood of all-out war in the region.

The Strait of Hormuz is the vital link between the Persian Gulf and the Gulf of Oman.

It is also one of the most strategic chokepoints in the world when it comes to oil transit.

With world oil output estimated at some 88 million barrels per day in 2011, the US Energy Information Administration estimated that some 17 million of those barrels passed through the Strait.

MORE

http://rt.com/news/iran-close-strait-hormuz-embargo-455/

Views: 83

Tags: 'definitely', EU, Hormuz, Iran, Strait, closing, embargo, gas, of, oil, More…over, prices, war

Comment

You need to be a member of 12160 to add comments!

Join 12160

Please remember this website is supported by your donations...

12160 NEWS new management/admin info

Putin to Western elites: Play-time is over / The builders of the New World Order have failed

Outrage - Israeli Cartoonist Compares Netanyahu to 9/11 Hijackers - Plane Piloted By NUTTY in to Tower

Why We’re Poorer: Inflation And Deflation Are Now Globalized

Saudi Arabia's "Oil-Weapon" Hits Europe - Iran

China's shadow banking sector growing rapidly, third largest in world: FSB

VIDEO: Inside The Shanghai International Gold Exchange Vaults

German Bank Hits Savers with Negative Interest Rate

Elderly couple fined $80K, raided by Marathon County SWAT because of pallets in their yard

LEAKED VIDEO: Cop Pulls Out His Penis and Begins Masturbating on High School Campus

Maryland Teen Tased By Police 5 Times While In Hospital Dies of ‘Natural Causes’

GOV CLEARS GOV OF WRONG DOING - Ferguson shooting probe of possible grand jury leak wasn't exactly in-depth

Massive Non-Citizen Voting Uncovered in Maryland

50,000 Missing Georgia Voter-Registration Applications? Nothing to See Here

90 Pounds of Cocaine Found on Cargo Ship Owned by Senate Majority Leader Mitch McConnell’s Father-in-Law

Milton Hall being shot at 46 times by police in the US

Report an Issue

Forum

Ten Most Wanted

Started by mystery in Current News/Events. Last reply by Ra 12 hours ago. 4 Replies

© 2014   Created by truth.

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2014 - all rights reserved. unless otherwise noted
var _gaq = _gaq || []; _gaq.push(['_setAccount', 'UA-48719234-1']); _gaq.push(['_trackPageview']); (function() { var ga = document.createElement('script'); ga.type = 'text/javascript'; ga.async = true; ga.src = ('https:' == document.location.protocol ? 'https://ssl' : 'http://www') + '.google-analytics.com/ga.js'; var s = document.getElementsByTagName('script')[0]; s.parentNode.insertBefore(ga, s); })();