Title : This Is How Iran Can Shut Off The World's Oil Supply
link : This Is How Iran Can Shut Off The World's Oil Supply
This Is How Iran Can Shut Off The World's Oil Supply
Edward Chang, National Interest: How Iran Could Try to Shut off the Global Oil Supply
(Close the Strait of Hormuz.)
Key point: Iran could try to stop some oil tankers from getting out of the Gulf, but doing so would lead to a firm U.S. response.
President of Iran Hassan Rouhani threatened to close the Strait of Hormuz in response to potential sanctions that could be levied upon Iranian oil exports, threats which were echoed by the Islamic Revolutionary Guard Corps (IRGC). President Donald Trump has given countries until November 4, 2018, to stop importing petroleum from Iran. This wide-scale ban is part of a new campaign of confrontation and pressure against the Islamic Republic. This demand comes on the heels of the U.S. departure from the Joint Comprehensive Plan of Action (JCPOA), also known as the Iran nuclear deal, which was signed in 2015.
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WNU Editor: Sink a few oil tankers will be more than enough to shut down the oil trade through the Strait.
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