Possible Hormuz Strait lockdown to affect Turkey
Azerbaijan, Baku, Jan. 12 / Trend A. Taghiyeva, S.Isayev/
Turkey is against the closure of Hormuz Strait, as this would affect us as well, Turkish Energy and Natural Resources Minister Taner Yildiz said, Hurriyet Newspaper reported.
Iran has made remarks to stop the flow of oil through the Strait of Hormuz if foreign sanctions were imposed on its crude exports over its nuclear ambitions, a move that could trigger military conflict with economies dependent on Gulf oil.
"If the war between Iran and the U.S. starts, it would affect not only the sides of the conflict, but the whole world as well. I am sure military option will not happen," Yildiz added.
Speaking about the sanctions imposed on Iran, Yildiz noted that "imposing sanctions on Iran's natural gas exports, and not oil sector, makes an interesting thought".
Yildiz underscored that Iran is "an extremely important neighbor for Turkey, and an extremely important oil and gas manufacturer".
"After the "Arab Spring", world oil manufacturing decreased by 1.6 percent, while the prices for oil jumped to approximately 10 percent. With all this concerned, countries must be more exact in their statements and actions," Yildiz noted.