Tags: ML | Iran

Iran Warns it Might Close Hormuz Strait, Stop Oil

Tuesday, 27 Dec 2011 05:09 PM

 

TEHRAN, Iran (AP) — Iran's official news agency on Tuesday quoted a top official as saying Iran will close the Strait of Hormuz, cutting off oil exports, if the West imposes sanctions on Iran's oil shipments.

According to the IRNA report Tuesday Vice President Mohamed Reza Rahimi said Iran does not want hostilities but charged that the West continues its plots against Iran.

The West is considering limiting Iran's oil trade over its disputed nuclear program. Some 80 percent of Iran's foreign revenue comes from oil exports.

In Washington, State Department spokesman Mark Toner called the threat "bluster." He said it was "another attempt by them to distract attention from the real issue, which is their continued noncompliance with international nuclear obligations."

Rahimi has no major role in Iran's foreign or military policy.

Iran is conducting a 10-day naval maneuver in the area the of the Strait of Hormuz, where about 40 percent of the world's oil supply passes. Closing the strait would have immense world economic impact.

© Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

AG Nominee Gets 2 GOP Endorsements After Witnesses Attack DOJ

Thursday, 29 Jan 2015 23:33 PM

Two Republicans on the Senate Judiciary Committee endorsed Loretta Lynch's nomination as attorney general, but not befor . . .

US-Led Airstrikes Slam ISIS Targets in Syria and Iraq

Thursday, 29 Jan 2015 22:20 PM

The United States and coalition partners launched six airstrikes against Islamic State (ISIS) targets in Syria and 12 mo . . .

Rep. Peter King: 9/11 Lesson Is Ex-Gitmo Detainees Threat to US

Thursday, 29 Jan 2015 21:53 PM

Rep. Peter King says President Barack Obama should remember the lessons of 9/11 and stop releasing detainees from the mi . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved