BREAKING NEWS

Iran drafts bill to block Hormuz for Gulf oil tankers

By REUTERS

JULY 2, 2012 17:45

DUBAI - Iran's National Security and Foreign Policy Committee has drafted a bill calling for Iran to try to stop oil tankers from shipping crude through the Strait of Hormuz to countries that support sanctions against it, a committee member said on Monday.

"There is a bill prepared in the National Security and Foreign Policy committee of Parliament that stresses the blocking of oil tanker traffic carrying oil to countries that have sanctioned Iran," Iranian MP Ibrahim Agha-Mohammadi was quoted by Iran's parliamentary news agency as saying.

"This bill has been developed as an answer to the European Union's oil sanctions against the Islamic Republic of Iran."

Agha-Mohammadi said that 100 of Tehran's 290 members of parliament had signed the bill as of Sunday.

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