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 05:14 2024 Wednesday ,07 February

Sophisticated Classic Dining Room Design Ideas

GMT 05:06 2024 Tuesday ,06 February

New hunt for flight MH370 gets under way

GMT 16:17 2018 Thursday ,30 August

Five Saudi women pilots granted GACA licences

GMT 08:20 2018 Tuesday ,16 January

US-purchased cranes arrive at Yemen rebel-held port

GMT 08:01 2017 Monday ,10 July

Actor Zafer Abdeen denies differences

GMT 11:53 2014 Monday ,21 April

PM: Somali lawmaker killed by Mogadishu car bomb

GMT 19:55 2013 Thursday ,10 October

Martin Scorsese to chair Marrakech Film Festival jury

GMT 09:50 2012 Monday ,09 January

Libya committed to oil contracts

GMT 11:49 2017 Wednesday ,15 March

State Minister for Foreign Affairs Meets EU Official

GMT 12:35 2017 Thursday ,26 January

Freezing weather kills 27 Afghan children

GMT 23:25 2012 Tuesday ,21 August

Britain welcomes progress on transition in Somalia

GMT 11:25 2017 Monday ,02 January

Shapes landscape of his legacy

GMT 22:55 2012 Monday ,13 August

Two journalists killed in Somalia

GMT 09:58 2014 Monday ,02 June

How to erase memory and restore it?

GMT 08:16 2016 Tuesday ,12 July

At Bethlehem shrine sees the light

GMT 02:45 2013 Wednesday ,03 July

Improving crop yields in extreme weather

GMT 23:29 2017 Wednesday ,22 March

Abbas to Meet Merkel in Berlin

GMT 12:26 2011 Thursday ,10 November

The Gentry
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