The world is watching the Strait of Hormuz .. Does the oil corridor turn into a ignition area?
"If the United States is officially intervened to support Israel, the disruption of the passage of the oil trade for America and Western countries will be a legitimate right for Iran"
This statement came by the prominent Iranian parliament member Hussein Salami, while other members said that "Iran has many options to respond to its enemies, and the Strait of Hormuz is one of the potential options"." target ="_Blank"> Hormuz , and why is it an important commercial weapon in the conflict between Iran and America and its allies? Global Oil Markets. "Oxford Economics"That the worst scenario, which is the stop of supplies The Iranian oil, and the closure of the Strait of Hormuz, may jump at the price of a barrel to $ 130.
Can Iran close the strait? Despite the impossibility "closing" The strait in the traditional sense – as the closure of a road – but Iran may try to make it very dangerous on commercial navigation, which may actually lead to disrupting the movement Shipping global. Hormuz? According to the Congress Research Center, then "The risk of closing the entire Strait of Hormuz looks little at the moment, and even if it happens it is unlikely to last for a long time."
Observers of the Oil Exporting Organization (OPEC) monitors (OPEC) says that the organization and its allies, including Russia, may pump more oil to compensate for any turmoil in Iran. United, which has more than 400 million barrels of crude oil in its strategic reserve, is to lead this trend.
- For more: Follow Khaleejion 24 Arabic, Khaleejion 24 English, Khaleejion 24 Live, and for social media follow us on Facebook and Twitter
