If Iran's oil exports are cut to zero, international waterways will not hav...
GENEVA - If Iran’s oil exports are cut to zero, international waterways will not have the same security as before, its president said on Wednesday, cautioning Washington against upping pressure on Tehran in an angry confrontation between the longtime foes.
“World powers know that in the case that oil is completely sanctioned and Iran’s oil exports are brought down to zero, international waterways can’t have the same security as before,” Rouhani said while meeting Supreme Leader Ayatollah Ali Khamenei, according to Khamenei’s official website. In a speech at the Stockholm International Peace Research Institute , Zarif appeared to echo Rouhani’s tone.
Washington, which has by far the strongest Western naval contingent in the Gulf, has been calling for its allies to join it in an operation to guard shipping in the Strait of Hormuz, a vital gateway for the world’s oil industry.
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