Iran is threatening to stop the flow of oil through the Strait of Hormuz – a key world oil route in the Persian Gulf – if the West imposes more sanctions over its controversial nuclear energy program.
The sanctions stem from a U.N. watchdog report that alleges the country may be developing nuclear weapons. Iran has denied the claims, stating that its program is for peaceful purposes, Reuters reports.
"If [the West] impose sanctions on Iran's oil exports, then even one drop of oil cannot flow from the Strait of Hormuz," Iran's First Vice President Mohammad Reza Rahimi told Iranian news agency IRNA.
"Our enemies will give up on their plots against Iran only if we give them a firm and strong lesson," he added.
I don't know whether to believe this or not.
ReplyDeleteSomething tells me this is nothing more than hype so we can watch our gas prices go through the roof again!
They've already jumped but we're still pumping gas that's been in this country for MONTHS! They're justifying the increase though with this information.
Hold on tight folks, this one could be a long ride!