iBankCoin
Joined Nov 11, 2007
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Iran ‘Definitely’ Closing Strait of Hormuz over EU Oil Embargo

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.

Read the rest here.

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5 comments

  1. fake amish

    never could understand why the arab spring was allowed. the evil dictators were our guys. now looking back this is probably the reason. instability first then war with iran.

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    • TJWP

      You do realize the reason they hate your country so much is because you can’t stay the fuck out of their business?

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  2. Spooky

    You make Amish sense, friend.

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  3. JakeGint

    The editorializing in the piece is unwarranted.

    The presence of the second carrier group actually makes war less likely.

    Nice analysis.

    _________________

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  4. Captain Planet

    And I ‘definitely’ just bought 2k shares of SCO.

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