Strait of Hormuz

            On December 18, Secretary of Defense Leon E. Panetta outlined a new U.S. defense strategy that will counter “the continuing threat from Iran.” If Tehran attempts to close the Straits of Hormuz, “we must be capable of being able to respond decisively,” he said. Panetta also warned…
Alireza Nader             Iran’s repeated threats to close the Strait of Hormuz are a pivotal part of a military strategy based on psychological and asymmetric warfare. Blocking the strategic waterway, through which 90 percent of Persian Gulf oil flows to the outside world, would have sweeping…
Patrick Clawson What does the unprecedented new European Union oil embargo on Iran mean in practical terms?The direct impact of the new EU oil embargo is relatively limited. Economists like to say that oil is "fungible," that is, oil not sold to the EU could be sold to other countries, and so the…
Annika Folkeson Tension has increased between Iran and the United States over the past weeks following new U.S. sanctions and Iran’s threat to close the Strait of Hormuz. The following are quotes on the tensions between Tehran and Washington.  IRAN   Vice president, Mohammad…
Annika FolkesonTension has increased between Iran and the United States over the past weeks after the United States imposed new sanctions and Iran threatened to close the Strait of Hormuz. The following are key facts on Iranian oil. Iran holds the world’s fourth-…
Annika FolkesonTension has increased between Iran and the United States over the past weeks after the United States imposed new sanctions and Iran threatened to close the Strait of Hormuz. The following are key facts on the Strait. The Strait of Hormuz is the world's most…
Michael Singh   Iranian officials grabbed global headlines in recent days by threatening to close the vital Strait of Hormuz, through which 20 percent of the world’s traded oil passes. Iran sought to back up its threats by holding a 10-day military exercise in the Persian Gulf and warning the…