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 10:18 2016 Wednesday ,23 March

cartoon seven

GMT 05:06 2024 Tuesday ,06 February

New hunt for flight MH370 gets under way

GMT 02:03 2017 Monday ,24 July

Valverde quashes Neymar 'rumours'

GMT 11:42 2016 Tuesday ,29 November

Curry, Durant to fore as Warriors notch 12th straight

GMT 11:39 2017 Wednesday ,22 February

Australian Prime Minister Meets Israeli Counterpart

GMT 15:24 2017 Friday ,18 August

Qatar economy at slowest pace since 1995

GMT 08:20 2017 Thursday ,14 December

OIC Summit condemns Israeli settlement activities

GMT 20:48 2017 Wednesday ,06 September

Facebook bids $600 million to livestream IPL matches

GMT 21:05 2017 Saturday ,09 September

Pakistan among top 50 countries with high terror

GMT 00:36 2017 Thursday ,22 June

Saudi Arabia extends Eid Al Fitr holidays

GMT 14:21 2017 Monday ,14 August

Aqua therapies available in UAE

GMT 17:47 2017 Wednesday ,23 August

Cheques cleared in 7 months surge to AED886.7 billion

GMT 19:32 2017 Tuesday ,30 May

Emirati citizens in UK are safe: Embassy

GMT 00:39 2017 Friday ,29 September

RAK Ruler offers condolences on death of Hassan Jassim

GMT 15:24 2015 Friday ,16 October

Sexton ready to go against Argentina

GMT 10:45 2017 Tuesday ,12 December

Magnitude 6.2 quake hits southeastern Iran

GMT 15:49 2016 Thursday ,22 December

Borouge wins Gold at Sheikh Khalifa Excellence Award

GMT 02:01 2017 Wednesday ,04 October

ERC provides more relief aid to Shabwah, Yemen

GMT 16:22 2016 Monday ,19 December

ISESCO condemns bombing attack in Turkey

GMT 06:38 2017 Tuesday ,12 September

Quartet refutes Qatar’s allegations at UN Human Rights

GMT 06:53 2016 Friday ,05 February

Skirmishes in Athens as general strike sweeps Greece

GMT 12:50 2017 Thursday ,28 September

International Coalition bombarded ISIS-held areas in Iraq
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 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

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