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ONI: Iran to shut down the oil route
05.12.2009 17:15 GMT+04:00
/PanARMENIAN.Net/ The U.S. Office of Naval Intelligence has confirmed
that Iran can shut down the strategic Strait of Hormuz through which
40 percent of the world's oil supplies pass.
The report confirms a September G2B assessment that Iran's naval
forces will shut down the oil route should either the United States or
Israel decide to bomb the country's nuclear facilities.
"Given the importance of the Strait, disrupting traffic flow or even
threatening to do so may be an effective tool for Iran," ONI warned.
The G2B report also pointed out that while Iran's ability to shut down
the Strait of Hormuz may be short-lived, the impact would be highly
detrimental to the world economy.
05.12.2009 17:15 GMT+04:00
/PanARMENIAN.Net/ The U.S. Office of Naval Intelligence has confirmed
that Iran can shut down the strategic Strait of Hormuz through which
40 percent of the world's oil supplies pass.
The report confirms a September G2B assessment that Iran's naval
forces will shut down the oil route should either the United States or
Israel decide to bomb the country's nuclear facilities.
"Given the importance of the Strait, disrupting traffic flow or even
threatening to do so may be an effective tool for Iran," ONI warned.
The G2B report also pointed out that while Iran's ability to shut down
the Strait of Hormuz may be short-lived, the impact would be highly
detrimental to the world economy.