Iran threatens United States
New sanctions signed into law by U.S. President Barack Obama on New Year's Eve would cut off any financial institutions that work with Iran's central bank from the U.S. financial system, blocking the main path for payments for Iranian oil.
As a result of these sanctions, which are meant to stop Iran from building a nuclear weapon, Iran has threatened to close the Straight of Hormuz. Forty percent of the world's oil supposedly flows through the Straight. The United States says they will keep the Straight open.
So here we go ... one nation Iran, threatening the World with the power of oil.
For a good article click on the link. http://news.yahoo.com/iran-threatens-action-u-carrier-returns-irna-08212...
- Richard Clough's blog
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