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Iran Won't Risk Petrodollars In Gulf, Analyst Says
CNBC.com (blog)
Schork said it isn't in Iran's best interest to follow through on talk of closing the Strait of Hormuz, a major oil shipping route in the Persian Gulf. He said that Iranneeds petrodollars more than the world needs its oil, something that would prevent...
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Brent ends rally; wary on Hormuz rhetoric
Livemint
London: Brent crude slipped on Wednesday as some investors took advantage of a six-day rally to lock in profits and the market saw Iran's threat to halt oil shipments via the Strait of Hormuz as no more than rhetoric. Brent was down $1.01 to $108.26 a ...
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Iran issues second warning in 2 days that it could close Strait of Hormuz ...
CanadianBusiness.com
By Ali Akbar Dareini, AP | December 28, 2011 TEHRAN, Iran - Iran's navy chief warned Wednesday that his country can easily close the strategic Strait ofHormuz at the mouth of the Persian Gulf, the passageway through which a sixth of the world's oil ...
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Oil price falls as Saudis trump Iran threat
Bismarck Tribune
The US Navy warned that any disruption of traffic through the vital Strait of Hormuz"will not be tolerated." On Tuesday Iran's vice president said that his country was ready to close the Strait of Hormuz - a vital waterway through which a third of the...
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France urges Iran to respect Hormuz shipping rights
Ynetnews
France urged Iran on Wednesday to adhere to international law allowing freedom of navigation in the Strait of Hormuz after Tehran threatened to stop oil moving through the strategic shipping lane. "We call on the Iranian authorities to respect...
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Iran Threatens to Block Gulf Oil if Sanctions Applied
Voice of America
December 27, 2011 Iran Threatens to Block Gulf Oil if Sanctions Applied VOA News Iran has threatened to block the flow of oil through the Strait of Hormuz if Western governments attempt to impose sanctions on its petroleum exports in their dispute over ...
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Iran threatens to cut off oil exports
CBS News
Iran's official news agency IRNA reported Tuesday that Vice President said his country will close the Strait of Hormuz, cutting off oil exports, if Western nations impose sanctions on Iran's oil shipments. The US, the UK and other nations are mulling ...
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Iran Threatens To Block Oil Routes
NPR
The official spoke of blocking oil tankers from moving through the Straits ofHormuz. NPR's business news starts with Iran shaking the oil markets. Oil prices are higher this morning after a top Iranian official threatened to block a considerable part ...
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Grains, Crude Oil Lead Commodities to Longest Rally Since April
BusinessWeek
27 (Bloomberg) -- Commodities rose, capping the longest rally since early April, as grains climbed on South American weather concerns and crude oil advanced afterIran threatened to block shipments through the Strait of Hormuz. ...
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European shares halt rally as debt fears resurface
Reuters
* FTSEurofirst 300 down 0.05 pct, Euro STOXX 50 down 0.1 pct * Iran's threat to stop oil flow in Strait of Hormuz weighs * Investors brace for Italy's debt auctions * Record use of ECB deposit facility fuels worries By Blaise Robinson PARIS, ...
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Forex: USD/CAD to benefit from Iranian War Games – FXTimes
NASDAQ
FXstreet.com (Barcelona) - The WTI oil prices have recently jumped above the $100 per barrel as increased tension in the Middle East "on the back of Iranian war games" on the Strait of Hormuz are worrying the markets, "as well as an admission by Syria ...
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Oil hits three-week high on Iranian warning
The National
"If Iran oil is banned not a single drop of oil will pass through Hormuz Strait," Mohammad Reza Rahimi told the official IRNA news agency yesterday. Brent futures increased 26 cents to $110.08 a barrel in trading this morning, extending a three-day ...
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News of the Day From Across the Globe
San Francisco Chronicle
1 Oil threat: Iran warned Tuesday that it would block the Strait of Hormuz, the world's most important oil transit point, if Western powers attempt to impose an embargo on Iranian petroleum exports in their campaign to isolate the country over its ...
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Iranian navy holds drill in Strait of Hormuz
China Daily
Military personnel place a flag on a submarine during the Velayat-90 war games by the Iranian navy in the Strait of Hormuz in southern Iran December 27, 2011.Iran threatened on Tuesday to stop the flow of oil through the Strait of Hormuz if foreign ...
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Quote of the day
Peninsula On-line
If they (the West) impose sanctions on Iran's oil exports, then even one drop of oil cannot flow from the Strait of Hormuz. The Senior Consultant (Urology) and Transplant Surgeon at HMC Dr Riyadh Abdulsattar, Iraqi teenager Omar and other HMC officials ...
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US Fifth Fleet says won't allow disruption in Hormuz
Ynetnews
The US Fifth Fleet said on Wednesday it will not allow any disruption of traffic in the Strait of Hormuz, after Iran threatened to stop ships moving through the strategic oil route. "The free flow of goods and services through the Strait ofHormuz is ...
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'Really easy' for Iran to close Hormuz strait: admiral
Indian Express
Tehran: Closing the Strait of Hormuz, the vital oil transit stretch at the entrance to the Gulf, would be "really easy" for Iran to do, but was not necessary right now,Iran's navy chief said today. "Shutting the strait for Iran's armed forces is ...
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Nifty closes in red - Alex Mathews
Equity Bulls
As crude moved above $100, PSU oil marketing companies were under pressure after Iran warned of shutting down the Strait of Hormuz through which a major portion of gulf oil is transported. European markets showed strength today as Italian bonds rose ...
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Iran's Wild Card for Defense Stocks In 2012... Dividends Hang in the Balance ...
24/7 Wall St.
And now the big news is not the nuclear front, but an Iranian minister claiming thatIran could effectively block the flow of traffic through the Gulf of Hormuz easier than drinking a glass of water. In the age of austerity and military budgets being ...
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FRANCE CALLS ON IRANIAN AUTHORITIES TO RESPECT
Chicago Tribune
FRANCE CALLS ON IRANIAN AUTHORITIES TO RESPECT FREEDOM OF NAVIGATION IN STRAIT OF HORMUZ.
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