Bahr al-Ulum: Shell Iran's economy new economic sanctions imposed by the United Nations will be paid to close the Strait of Hormuz

We will have to wait and see, remember there are several war ships in the area of the Straight of Hormuz.




2012-10-08 12:08:25

Bahr al-Ulum: Shell Iran's economy new economic sanctions imposed by the United Nations will be paid to close the Strait of Hormuz

BAGHDAD (Iba) .. According to former oil minister Ibrahim Bahr al-Ulum, that increase the economic sanctions imposed by the United Nations on Iran will push Iran to resort to close the Strait of Hormuz, stressing: that closing the Strait of Hormuz will directly affect Iraqi oil exports.

Uloum said told the independent press (Iba) on Monday: The United Nations endeavors to impose new sanctions cripple Iran's economy by restricting Iran's central bank and foreign exchange trading will push Iran to close the Strait of Hormuz, stressing: that the closure of the Strait of Hormuz will affect Iraq directly.

He added: that the tightening of economic sanctions imposed on Iran resulted in the collapse of Iranian Altoman and deterioration of its economy but did not push Iran to abandon its nuclear program but will be paid to close the Strait of Hormuz.

The Sea Science: that take Iraq alternatives for the Gulf and the Strait of Hormuz will save its economy from collapse, noting: There are three alternatives must be taken and accelerated by Iraq, which Taatdhan accelerating the development and reconstruction of infrastructure line pipe Turkish issued (500) million barrels per day by Jihan and the northern oil system.

He continued: must accelerate the implementation of strategic plans for pipelines exporting oil through Syria and Jordan, which can accommodate two and a half barrels a day, adding: There is an oil pipeline across Saudi Arabia seized in the days of the rule of previous system and must work to get it back by holding negotiations Saudi-Iraqi.

The United Nations has stressed economic sanctions on Iran, which led to the collapse of its currency, and there are proposals to punish foreign banks that have large dealings with Iran's central bank and oil-related transactions

U.S. lawmakers also discussed ways to tighten economic sanctions against Iran, to push for abandoning its nuclear program, also includes sanctions on food and medicine that will work on the collapse of the entire Iran. (End)


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