Question Details

Will the Iranian Navy block the exit of oil from the Straits of Hormuz?

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Will the Iranian Navy block the exit of oil from the Straits of Hormuz?

Asked by: Super UserBuckeyeTom in General » Other
Settled on 03/26/2012 03:48 Settled by Super Usergotmick
Winning option: or no action by March 22,2012 There was no blockade reported in any mainstream news source.

Predictions

Yes
Yes
No or no action by March 22,2012
No or no action by March 22,2012

Background

This is a month long question and will suspend on March 21, 2012.

Iran has threatened to close off the Straits of Hormuz which means that the surrounding countries will not be able to ship their oil to their western customers. Oil and gasoline prices would skyrocket. Iran is doing a lot of saber rattling lately and this is another event which could prove costly to the world.

Not only would closing the strait most likely spark a military response from the United States, it would also likely infuriate its Arab neighbors across the Gulf, thus further isolating itself.
Read more: Energy Expert Dougher: Closing Strait of Hormuz ‘Suicidal’ for Iran

http://zeenews.india.com/news/world/iraq-eyes-options-in-case-hormuz-closed_759931.html

Find similar: straits of hormuz, iran, oil, navy

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