No oil will be exported from Gulf, if US blocks our oil: Iran

Strait of hormuz, iran, rouhani, trump

Iranian President Hassan Rouhani has threatened once again to close the Strait of Hormuz, which is a passage for nearly a third of all oil traded by sea, Associated press reported.

The state TV quoted Rouhani as saying on Tuesday that “if someday, the United States decides to block Iran’s oil (exports), no oil will be exported from the Persian Gulf.”

JK Bank

The strait at the mouth of the Persian Gulf is crucial to global energy supplies.

Rouhani also said that the United States wouldn’t be able to prevent Iran from exporting its crude.

Earlier Rouhani¬† made similar threats after US President Donald Trump threatened to decrease Iran’s oil export to nil.


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