Dec 30, 2011

Iran, I ran so far away

Looks like the saber rattling which turned to a war drum has gotten louder as Iran rejected a U.S. warning against blocking oil shipments through the strategic Strait of Hormuz.

Iran's Fars news agency quoted Revolutionary Guard commander Hossein Salami as saying Iran can carry out its own "defensive strategies." 

Tehran threatened earlier this week to block the entrance to the Persian Gulf if the West imposes sanctions targeting Iran's oil exports. Such a move by the West would add to several rounds of sanctions already imposed on Iran over its controversial nuclear program.

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The only winner here would be China.

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