Iran Says It Could Shut Down All Gulf Oil Shipments

Iran Says It Could Shut Down All Gulf Oil Shipments

Iran's security chief Mohsen Rezaei said August 22 that "not even a drop of oil" would leave the Gulf if neighboring countries join US sanctions — penalties meant to pressure Iran economically. He likely means not just the Strait of Hormuz, a narrow waterway carrying a fifth of the world's oil and gas, but also the Bab al-Mandeb Strait, which Saudi Arabia uses as an alternate shipping route.

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