Probably not. This draft law will probably be followed by European government officials peeing their pants and screaming like little girls.
From Will at The Other News:
Iran's National Security and Foreign Policy Committee has drafted a bill calling for Iran to try to stop oil tankers from shipping crude through the Strait of Hormuz to countries that support sanctions against it.
"There is a bill prepared in the National Security and Foreign Policy committee of Parliament that stresses the blocking of oil tanker traffic carrying oil to countries that have sanctioned Iran," Iranian MP Ibrahim Agha-Mohammadi was quoted by Iran's parliamentary news agency as saying on Monday.
"This bill has been developed as an answer to the European Union's oil sanctions against the Islamic Republic of Iran."Agha-Mohammadi said that 100 of Tehran's 290 members of parliament had signed the bill as of Sunday.
Iran has been floating the threat of closing the strategic Strait of Hormuz at the entrance to the oil-rich Gulf if its nuclear programme is targeted by air strikes that Israel and the United States reserve as an option.
While this is a preliminary move that may go no further, even a credible threat to shutting down the strait could lead to oil prices nearly doubling. So far, Iranian political and military officials have said they had no intention on carrying out any threat to close the strait.
Read the full story here.
No comments:
Post a Comment