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Home : Iran Oil Blockade: Gas Prices to Rise
Dec 29
2011

Iran Oil Blockade: Gas Prices to Rise

Cutting off the flow of oil through the Strait of Hormuz, a small waterway that borders Iran, could disrupt roughly a third of the world’s tanker traffic and send oil prices skyrocketing, analysts say. The Iranian First Vice President Mohammad Reza Rahimi Tuesday threatened to...
Source:http://feeds.abcnews.com/click.phdo?i=4117276360cbb2678584fb1915d2cf5a
 
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