|
Iran says Gulf oil route at risk if attacked
The Revolutionary Guards said Iran would impose controls on shipping in the vital Gulf oil route if Iran was attacked and warned regional states of reprisals if they took part, a newspaper reported on Saturday.well, then, Uncle says we will guarantee free shipping channels. I bet we can back our promises up better than you can Fear of an escalation in the standoff between the West and Iran, the world's fourth largest oil producer, have been one factor propping up sky-high oil prices. Crude hit a record level on international markets near $143 a barrel on Friday. Speculation about a possible attack on Iran because of its disputed nuclear ambitions has risen since a report this month said Israel had practiced such a strike, prompting increasingly tough talk of retaliation, if pushed, from Tehran. "Naturally every country under attack by an enemy uses all its capacity and opportunities to confront the enemy," Guards commander-in-chief Mohammad Ali Jafari told Jam-e Jam newspaper in some of the toughest language Iran has used so far. What this response would do is guarantee that it would progress from a pinpoint attack on the nuke facilities to an all out smackdown of the IRGC. Go ahead, make our day Posted by: Frank G 2008-06-28 |
| http://www.rantburg.com/poparticle.php?ID=242830 |