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Iran issues new oil blockade warning
 DUBAI: Iran could prevent even a single drop of oil passing through the Strait of Hormuz if its security is threatened, a naval chief said on Saturday, as tensions simmer over Tehrans nuclear program.Tehran will increase its military presence in international waters, said Ali Fadavi, naval commander in Irans elite Islamic Revolutionary Guard Corps (IRGC). If they (the US) do not obey international laws and the IRGCs warnings, it will have very bad consequences for them, Fadavi said, according to Irans Fars News Agency. The IRGCs naval forces have had the ability since the (Iran-Iraq) war to completely control the Strait of Hormuz and not allow even a single drop of oil to pass through. Fadavi added: IRGC special naval forces are present on all of the Islamic Republic of Irans ships in the Indian Ocean and to its east and west, to prevent any movement. This IRGC naval force presence in international waters will increase. Iran has repeatedly threatened to close the Strait of Hormuz shipping channel, through which 40 percent of the worlds sea-borne oil exports passes, in retaliation for sanctions placed on its crude exports by Western powers.
Posted by: Steve White 2012-07-15 |
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| http://www.rantburg.com/poparticle.php?ID=348426 |