Economics

Powered by Blogger.

Bullets, Beans

BULLION

Monday, 23 January 2012

Iran Vows to Shut Down Strait of Hormuz as EU Passes Oil Embargo

Iran has reacted angrily to an agreement by European Union foreign ministers to impose an oil embargo on the country.

Following the agreement reached on Monday, Iranian lawmaker Mohammad Ismail Kowsari, deputy head of Iran’s influential committee on national security, said the strait “would definitely be closed if the sale of Iranian oil is violated in any way.”

A fifth of the world’s oil moves through the Strait of Hormuz....more

No comments:

Post a Comment

Alternative Media

Miscellaneous/New Blogs

A Refreshing note

If the RSS feeds have not 'refreshed' since your last visit scroll down to the post below the Bullion feed and click the post link. This should refresh the RSS feeds.

USD

GBP

Followers