* CBI: No room for economic maneuvers if events occur in the Strait of Hormuz
Through the Central Bank is concerned the likelihood of escalation of tensions in the Strait of Hormuz, stressing that the closure of the Straits will directly affect the national economy and economic room for maneuver.
The deputy governor of the Central Bank of the appearance of Mohammed Saleh / Baghdadiya News / “he is worried about the implications of what he described as large on the economy in the event of closing the Strait of Hormuz.
Noting that “the tension in the Strait of Hormuz on Iraq will affect the first two-way is that two-thirds of Iraq’s oil exports pass through the strait and the second is that the key pillar of the country’s trade passes through the south by the sea.”
Saleh added: that the results of closing the Strait of Hormuz would be directly on the Iraq precisely because it depends on the oil and can not maneuver to change the port catalog other than Saudi Arabia, which has the ability to maneuver expected that Saudi Arabia in the case of closed Hormuz maneuver economic and begin to export through the Red Sea.
“Tehran was had threatened to close the Strait of Hormuz in the event of any military attack by the United States or Israel.
The * CBI: No room for economic maneuvers if events occur in the Strait of Hormuz by Dinar Daddy's Tidbits, unless otherwise expressly stated, is licensed under a Creative Commons Attribution-ShareAlike 3.0 Unported License.
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