iran incapable of closing hormuz bab al mandeb
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

sanctions are unlikely to stop Iran oil exports completely

Iran incapable of closing Hormuz, Bab Al Mandeb

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice Iran incapable of closing Hormuz, Bab Al Mandeb

Ebrahim Al Muhanna's Speaking at an oil conference
Stavanger, Norway - Emiratesvoice

current US sanctions on Iran are unlikely to stop Iranian oil exports completely, a long-time adviser at Saudi Arabia’s Energy Ministry said on Tuesday, adding Iran would be unable to close the straits of Hormuz and Bab Al Mandeb even partially.
Speaking at an oil conference in the Norwegian city of Stavanger, Ebrahim Al Muhanna said Iran would be the first to lose out on a move to block those major shipping routes and that any such action would trigger further sanctions on Iran.

“Current sanctions are unlikely to stop Iranian oil exports completely, as almost all experts agree. I mean, they will continue to export 1 million (barrels per day) or so. So closing that Strait of Hormuz will damage the Iranians as much as damaging others,” he said.
Iran has said if it cannot sell its oil due to US pressure, then no other regional country will be allowed to do so either, threatening to block the Strait of Hormuz.
“The amount of oil going through the Strait of Hormuz is so large. There’s more than 18 million barrels a day, about two thirds of world maritime oil trade. Meaning, cutting oil from there will lead to an acute oil shortage and prices will skyrocket,” Al Muhanna said.
“Is Iran able or willing to close completely, or even partially, the Strait of Hormuz or Bab Al Mandeb, or both? The answer is no, and a really big no.”
US President Donald Trump pulled out of a 2015 pact between Iran and major world powers under which sanctions were lifted in return for Tehran accepting curbs on its nuclear programme. The Trump administration then announced unilateral plans to restore sanctions against Tehran.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

iran incapable of closing hormuz bab al mandeb iran incapable of closing hormuz bab al mandeb

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

iran incapable of closing hormuz bab al mandeb iran incapable of closing hormuz bab al mandeb

 



GMT 13:06 2012 Thursday ,14 June

Steady rise in temperature forecast in UAE

GMT 17:11 2016 Wednesday ,20 April

Hamdallah, Singapore Prime Minister meet

GMT 18:41 2017 Wednesday ,02 August

Bangladesh separates conjoined twins in rare surgery

GMT 00:59 2017 Monday ,20 February

Rousseff urges vote against impeachment

GMT 07:11 2018 Thursday ,18 January

Germany loans Lithuania 'birth certificate'

GMT 15:00 2017 Monday ,18 September

National Pavilion UAE’s Venice Internship now open

GMT 10:36 2017 Sunday ,31 December

Swimming with whale sharks in Mexico

GMT 15:02 2017 Wednesday ,22 February

5 Natural home remedies to stop hair loss

GMT 07:42 2017 Wednesday ,26 July

Khalid 5 football tournament launched

GMT 07:22 2017 Tuesday ,05 December

Mario Centeno, the 'Ronaldo' of the eurozone

GMT 12:51 2017 Monday ,08 May

Tadweer launches second e-Services edition

GMT 06:51 2017 Monday ,23 October

Electricity Minister receives German ambassador

GMT 12:24 2017 Tuesday ,17 October

Underlines importance of reconciliation

GMT 06:08 2014 Friday ,15 August

UN vote Friday on measure to weaken Iraq Islamists

GMT 14:43 2013 Tuesday ,04 June

British Council launches new global English exam

GMT 11:45 2013 Wednesday ,17 April

Syria photograph wins Pulitzer

GMT 02:39 2016 Friday ,04 November

Singaporean president visits Giza pyramids plateau
Emiratesvoice, emirates voice
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice