Iran to 'block' Gulf oil if sanctions proceed
Al Jazeera English
2012-08-28
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Iran has threatened to cut off oil shipments through the Strait of Hormuz if the West follows through with a plan to sanction Iran's vital oil exports.
The US Navy's Gulf-based Fifth Fleet responded by saying it will not tolerate any such disruption.
Around 40 per cent of the world's oil transported by sea passes through the strait.
Will Jordan reports.
The US Navy's Gulf-based Fifth Fleet responded by saying it will not tolerate any such disruption.
Around 40 per cent of the world's oil transported by sea passes through the strait.
Will Jordan reports.
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