Iran threatens to stop oil flow via Hormuz strait

By JPOST.COM STAFF
January 8, 2007 16:10

A senior Iranian officer warned that if the West continues to threaten Iran's economy over its nuclear program, Teheran will discontinue the flow of oil via the Strait of Hormuz, Israel Radio reported Monday. According to the officer, 40% of the world's oil is transferred through the strait, and the world is dependent on Iran for a source of energy and a stable economy. Iran's spiritual leader, Ayatollah Ali Khamenei, added that Iran cannot allow itself to give up the right to develop its nuclear technology program.


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