Monday, August 27, 2018

Rumors of War - Persia

Iran has control of Persian Gulf, Strait of Hormuz, Iranian Navy chief says - UPI
UPI reports: "Iran is in full control of the Persian Gulf and the Strait of Hormuz, a top Iranian Navy commander said Monday. [...] His comments suggest that Iran believes it is capable of blocking all shipping through the waterways, notably the shipment of oil. Tehran has suggested it could take military action in the Persian Gulf to retaliate for U.S. sanctions preventing the transport of Iranian oil, including blockades against countries delivering oil through the Gulf. Last month, Ayatollah Ali Khomenei, Iran's senior leader, said he supports a policy by which no country can export oil through the Gulf if Iran cannot."

Comment: Iran is in the process of salvaging the European side of the Iran Nuclear Deal and so this may be mere posturing, but I'm of the opinion that the threat to shipping is real and that they are not bluffing. Time will tell. 

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