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Major general: Iran acts rationally regarding Hormuz Strait closure

Iran Materials 7 July 2012 12:35 (UTC +04:00)
The chairman of the Joint Chiefs of Staff of Iran’s Armed Forces said that the (Iranian) Shia nation acts rationally on closing the strategic Hormuz Strait
Major general: Iran acts rationally regarding Hormuz Strait closure

Azerbaijan, Baku, Jul.7/ Trend F.Milad/

The chairman of the Joint Chiefs of Staff of Iran's Armed Forces said that the (Iranian) Shia nation acts rationally on closing the strategic Hormuz Strait.

"The nation will not be satisfied to disrupt the transit of up to 40 percent of world's (supplied via sea) energy needs through the strait, unless it feels its interests are in danger," Major General Hassan Firouzabadi said.

The Majlis National Security and Foreign Policy Committee put forward a proposal to block the strategic Strait of Hormuz to prevent the passage of tankers that carry oil for the countries that have imposed sanctions on Iran.

The measure would be a response to the European Union's oil embargo on Iran that took effect on July 1 and a new U.S. law that penalizes countries that do business with the Iranian Central Bank by denying their banks' joining the U.S market. The law came into force on June 28.

The Strait of Hormuz is one of the world's most strategic shipping channels. It connects the vast majority of the world's countries with the crude oil that fuels their economies.

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