Tags: ML | Iran

Iran Warns it Might Close Hormuz Strait, Stop Oil

Tuesday, 27 Dec 2011 05:09 PM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

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 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
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:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

House Republicans Offer $1.5 Billion for Border Control

Wednesday, 23 Jul 2014 12:45 PM

Leading Republicans said on Wednesday they believe an extra $1.5 billion is the most Congress should spend through Decem . . .

Marco Rubio: States Should Determine Gay Marriage Laws

Wednesday, 23 Jul 2014 09:55 AM

Florida Republican Sen. Marco Rubio hasn't changed his stance on same-sex marriage, despite a judge's decision last week . . .

Obamacare Rulings Have Consumers, Governors Worried

Wednesday, 23 Jul 2014 13:55 PM

Two conflicting court decisions on tax credits for Obamacare have millions of consumers worried, along with some Republi . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

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