CCTV.com - CNTV English - CCTV News

Iran threatens to stop gulf oil if sanctions widened

12-29-2011 09:21 BJT

A senior Iranian official has delivered a warning in response to economic sanctions being readied by the United States.

He says his country would retaliate against any crackdown by blocking all oil shipments through the Strait of Hormuz, a vital artery for transporting about one-fifth of the world's oil supply.

The declaration by Iran's first vice president, Mohammad-Reza Rahimi, came as US President Barack Obama prepares to sign legislation aimed at detering Iran from pursuing a nuclear weapons program.

If fully implemented, its effects could substantially reduce Iran's oil revenue. Iranian Navy Commander, Habibollah Sayyari, says on Wednesday Iranian armed forces is capable of enforcing the decision to close the Strait of Hormuz, but it is not necessary for now.

Iran threatens to close off Strait of Hormuz if sanctions widened

Iran had began a 10-day naval exercise in the area on December 24. Though Sayyari stresses that this drill did not include shutting the Strait.

Iran has expanded its nuclear activity despite four rounds of U.N. sanctions. These have been meted out since 2006, over its refusal to suspend sensitive uranium enrichment, and open up to U.N. nuclear inspectors and investigators.

A submarine performs naval maneuvers on the Sea of Oman during naval exercises in
international waters

A military helicopter flies over a submarine during war games by the Iranian navy in the
Strait of Hormuz

 

 

Editor:Liu Fang |Source: CNTV.CN

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program