BREAKING - Iran 'definitely' closing Strait of Hormuz in the event of an EU oil embargo

[Philosophy_of_Politics]

Headline [BREAKING]: Iran 'definitely' closing Strait of Hormuz over EU oil embargo

Tensions in the Gulf could reach a breaking point as a senior Iranian official said Iran would “definitely” close the Strait of Hormuz if an EU oil embargo disrupted the export of crude oil, the semi-official Fars news agency reports.

The announcement came in response to a decision by the European Union on Monday to impose an oil embargo on Iran over the country’s alleged nuclear weapons program.

“The pressure of sanctions is designed to try and make sure that Iran takes seriously our request to come to the table,” EU foreign policy chief Catherine Ashton said.

However, with Washington’s decision to deploy a second carrier strike group in the Gulf, the EU’s attempt to pressure Iran economically could greatly increase the likelihood of all-out war in the region.

The Strait of Hormuz is the vital link between the Persian Gulf and the Gulf of Oman.

It is also one of the most strategic chokepoints in the world when it comes to oil transit.

With world oil output estimated at some 88 million barrels per day in 2011, the US Energy Information Administration estimated that some 17 million of those barrels passed through the Strait.

If economic sanctions sufficiently pressure Iran to retaliate by closing down the Strait, nearly 20 per cent of worldwide oil trade would be impacted, resulting in a massive spike in global energy costs.

I figured this is something worthy of GR general. This is big news.

hxxp ://rt.com/news/iran-close-strait-hormuz-embargo-455/

 

[Oddone]

Well then we will have to see if the EU oil embargo goes through.

 

[Drex]

Time to fill up the gas tank

 

[AngryCanadian]

I have a feeling there will be World War III soon.

 

[Oddone]

Time to fill up the gas tank

More like fill up a bunch of Gas cans.

 

[luctor-et-emergo]

Pumping up the oil prices..... Who's profiting ?

 

[The_Ruffneck]

It's Eye-Rakk all over again guys , GET DEM MOOZLUMZ , Go dash their NUKULAR AMBISHONS!!!!
Santorum for Prez! #1

Seriously though if Obama does launch an attack on Iran wouldn't his support drop 20%+?

 

[EaSy]

Today's news in my country claims that EU already issued ambargo on crude oil from Iran...

BBC http://www.bbc.co.uk/news/world-europe-16674660

 

[Philosophy_of_Politics]

It's Eye-Rakk all over again guys , GET DEM MOOZLUMZ , Go dash their NUKULAR AMBISHONS!!!!
Santorum for Prez! #1

Seriously though if Obama does launch an attack on Iran wouldn't his support drop 20%+?

Yes, and they know this will happen. Why do you think he's becoming so arrogant with his actions on this matter? They have a plan, best believe it.

 

[Aratus]

this is not good. positions and stances are hardening and escallating.
jon huntsman and ron paul were not pushing for a war at all, and now
dr. ron paul stands alone amoung a field of rabied jingoistic warhawks!

 

[Constitutional Paulicy]

This is saber rattling as usual. Nothing new here. Move along.

 

[Oddone]

Today's news in my country claims that EU already issued ambargo on crude oil from Iran...

Oh snap. Yea just checked, It said they passed the Embargo on Google.

 

[luctor-et-emergo]

Today's news in my country claims that EU already issued ambargo on crude oil from Iran...

I believe they did so too yes.
And they will anyways. Sarkozy and Cameron are warmongers.

 

[goldpants]

I have a feeling there will be World WIII soon.

Death & Debt
or
Peace & Prosperity
America Ron Paul has the right answer

 

[cartemj06]

Why do I feel like the whole damn world is goin crazy and no one is telling us what's going on?

 

[69360]

I think it's rhetoric from both sides. The Lincoln sailed through the straights into the Gulf yesterday without incident.

 

[KingRobbStark]

Crap.

 

[Varin]

Very bad for the debate.

 

[niklarin]

No war here guys (nobody can afford it)... The only thing that worries me is our candidates articulacy on the answer he will be giving at the debate tonight...

 

[69360]

http://worldnews.msnbc.msn.com/_news/2012/01/23/10213179-uss-lincoln-sails-through-strait-of-hormuz


The Vinson is also in the Arabian sea.

So we have 2 carrier battle groups within range of Iran. They could launch exocet SAMSs against our ships, but it would be suicidal. The chances of sinking 2 battle groups without a retaliatory strike is just about zero.

They can't really challenge our ships on the water. Their Navy is akin to our coast guard, a costal defense force.