HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » Latest Breaking News (Forum) » Oil Surges as Iran Plans ...
Introducing Discussionist: A new forum by the creators of DU

Tue Dec 13, 2011, 11:21 AM

Oil Surges as Iran Plans Drills to Close Strait of Hormuz [View all]

Dec. 13 (Bloomberg) -- Oil surged above $100 a barrel as Iran’s military prepared to hold drills for closing the Strait of Hormuz, a bottleneck for oil exports from the Persian Gulf.

The military maneuvers will be “soon,” the state-run Fars news agency reported, citing Parvis Sorouri, a member of the parliament’s national security and foreign policy committee. “If the world wants to make the region insecure, we will make the world insecure.”

MORE...

http://www.businessweek.com/news/2011-12-13/oil-surges-as-iran-plans-drills-to-close-strait-of-hormuz.html

9 replies, 1365 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 9 replies Author Time Post
Reply Oil Surges as Iran Plans Drills to Close Strait of Hormuz [View all]
Purveyor Dec 2011 OP
dipsydoodle Dec 2011 #1
sarcasmo Dec 2011 #2
Hutzpa Dec 2011 #5
Samba Dec 2011 #6
friendly_iconoclast Dec 2011 #3
ellisonz Dec 2011 #9
Hutzpa Dec 2011 #4
Citizen Worker Dec 2011 #7
The Magistrate Dec 2011 #8