* Minister of oil (News): trying to get an Iranian assurances not to close the Strait of Hormuz.Close it will affect oil exports of the seven States

January 18th, 2012 07:48 am · Posted in NEWS: Dinar Currency & World Currency News 

Baghdad (newsletter).The oil Minister of OPEC this year Abdul Karim alaibi’s Iranian officials close Strait of Hormuz would affect oil exports not only in Iraq but seven other States bordering on the Gulf, saying he will go on tomorrow to Iran for talks on developments in the subject and find assurances from the Iranian side not to close the Strait.

He alaibi reporter (News Agency news) Wednesday during its review of the achievements of the Department for eight years, Iran’s threats are not new to us, and not Iraq alone suffers close Strait of Hormuz, but there are seven Gulf Lepage will be affected by the closures including Iran and all exports from these countries or madamha pass through the Strait of Hormuz, Strait of Hormuz is very important and has a direct impact on oil exports
Alaibi: announced Thursday he would go to Iran to discuss with Iranian officials on the closure of the Strait of Hormuz, stating that he would take assurances from Iran for oil-exporting States located on the Strait, not closing, continued: all States eager to protect waterways and protect oil extraction and production and export of crude oil from the region, and the closure of the Straits has a negative impact will be reflected at the level of the whole world, he said, adding that OPEC is headed by alaibi//this year emphasizes the lack of political confusion that oil Oil is a commodity and citizen affected by the strategy and the global economy is mbash, and continued: that OPEC members were very keen on the stability of production and price stability, which is to ensure that the global economy.
And remarks came amid an escalation of the dispute between the United States and increased fears of Iran to submit to close the Strait of Hormuz, which produces nearly 30 percent of the oil through, and Central Iranian maneuvers and threats to close the Strait by Iranian Vice President Mohammad Reza Rahimi closed the Strait if it imposed economic sanctions
And the Strait of Hormuz is one of the most important waterways in the world movement of ships in the Arabian Gulf region watershed between the Gulf and the Gulf of Oman and the Arabian Sea and Indian Ocean on the other hand, it is the only maritime performing for Iraq and Kuwait, Bahrain and Qatar and peeking from North Iran near Bandar Abbas in the South of the Sultanate of Oman and Pardus, which oversees maritime traffic that can pass ships came within its territorial waters and displayed 50 kilometres and a depth of 60 meters, and passes it onto the Between one third and 40% of oil transported by sea in the world.

LINK


Comments

Comments are closed.

Archives: Latest Posts

May 25

http://www.theiraqidinar.com/2012/01/18/minister-of-oil-news-trying-to-get-an-iranian-assurances-not-to-close-the-strait-of-hormuz-close-it-will-affect-oil-exports-of-the-seven-states/