12-30-2011, 08:50 PM #1
US warns Iran against closing Hormuz oil route
The U.S. warned Iran Wednesday that it will not tolerate any disruption of naval traffic through the Strait of Hormuz, after Iran's navy chief said the Islamic Republic is capable of closing the vital oil route if the West imposes new sanctions targeting Tehran's oil exports.
Iran's Adm. Habibollah Sayyari told state-run Press TV that closing the strait, which is the only sea outlet for the crucial oil fields in and around the Persian Gulf, "is very easy" for his country's naval forces.
It was the second such warning by Iran in two days, reflecting Tehran's concern that the West is about to impose new sanctions that could hit the country's biggest source of revenue, its oil sector. On Tuesday, Vice President Mohamed Reza Rahimi threatened to close the strait if the West imposes such sanctions.
In response, the Bahrain-based U.S. 5th Fleet's spokeswoman warned that any disruption at the strait "will not be tolerated."
The spokeswoman, Lt. Rebecca Rebarich, said the U.S. Navy is "always ready to counter malevolent actions to ensure freedom of navigation."
With concern growing over a possible drop-off in Iranian oil supplies if sanctions are imposed, a senior Saudi oil official said Gulf Arab nations are ready to offset any loss of Iranian crude.Trade Bucket: Hidden Content
12-30-2011, 09:20 PM #2
The US should do whatever it takes diplomatically to say "I dare you" and then call their bluff. Iran is long overdue for a bloody nose.
12-31-2011, 12:55 PM #3
Higher oil prices I LOVE IT!!
01-01-2012, 01:24 PM #4
The USA should leave well enough alone before they stick their nose into a fight they cannot afford to fight. I fro one am getting sick of Americas arrogant outlook towards the world and the high horse it likes to sit on when America is just as horrible a nation ans those it looks down upon.
01-01-2012, 03:13 PM #5
01-01-2012, 05:49 PM #6
Iran's position of "Let us make nuclear weapons or we will threaten the world economy" is not something that anybody should be minding their own business on.
01-01-2012, 06:56 PM #7
the people in charge of Iran are stubborn and are going to get themselves in a pickle.
at the same time, we need to tighten our belt here and stop sticking our noses in everything.
everything else=help when we canTrading for: Earl Campbell, Barry Sanders, Terrell Davis, Drew Brees, Warren Moon, Reggie Bush, Mikel Leshoure, Titus Young, LIONS
01-01-2012, 07:35 PM #8
01-02-2012, 08:09 PM #9