Iran Threatens Flow of 25% of World Oil

From Haaretz with a hat tip to TROP.com.

According to the report, Rudaki said that "if Europe does not act wisely with the Iranian nuclear portfolio and it is referred to the UN Security Council and economic or air travel restrictions are imposed unjustly, we have the power to halt oil supply to the last drop from the shores of the Persian Gulf via the Straits of Hormuz."

25% of the world's oil production passes through the Straits of Hormuz, which connect the Persian Gulf with the Indian Ocean. The meaning of Rudaki's threat is that not only will Tehran stop its oil production from reaching the West, it may also use force to prevent the other oil prodoucers in the region (the United Arab Emirates and Kuwait) from exporting to the West.

I wonder how Kuwait and the UAR (both Arab and Sunni) like the idea that Iran (non-Arab and Shia) is willing to disrupt the flow of their only substantive revenue source.

Iran is rattling sabres, and a lot of people are listening.