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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.
Tehran - Iran on Tuesday warned with closing the Hormuz in the Persian Gulf, which is a vital transit route in the region for international oil exports.
'If (Western countries) sanctioned Iranian oil, then we would not allow one drop of oil to cross the Strait of Hormuz,' Iranian Vice President Mohammd-Reza Rahimi was quoted by the official news agency as saying.
Rahimi's remarks followed a clear statement by the Iranian Foreign Ministry that Tehran had no plans to close the Strait of Hormuz.
'We have several times announced that closing the Strait of Hormuz has never been on our agenda as we believe in peace and tranquillity in the region,' Foreign Ministry spokesman Ramin Mehmanparast said just last week.
Originally posted by Iwinder
20% of the worlds oil at stake, I say Iran holds the fifth ace in the deck, not that it pleases me but if it prevents another needless war I am all for it.
Don't forget this folks that it is winter in a good part of the world and winter demands oil or your going to die from hypothermia sooner than later.
This war crap is needless and you don't have to be a rocket scientist to know that, I for one am sick to death of the death of innocent folks in the name of "National Security"
Regards, Iwinder
S&F
Originally posted by InfoKartel
America's good friend Saudi Arabia will step up its oil production to compensate for any losses at the hand of Iran closing the Strait of Hormuz.
Originally posted by InfoKartel
America's good friend Saudi Arabia will step up its oil production to compensate for any losses at the hand of Iran closing the Strait of Hormuz.
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.