My Way News - Iran begins new military exercises in south: "Iranian officials and lawmakers repeatedly have threatened to close the Strait of Hormuz at the mouth of the Persian Gulf in retaliation for sanctions that affect Iran's oil exports. But they have as yet made no attempts to disrupt shipping through the waterway, the route for one-fifth of the world's crude oil, and the U.S. and allies have warned they would respond swiftly to any attempts at a blockade."
'via Blog this'
"Iranian officials and lawmakers repeatedly have threatened to close the Strait of Hormuz at the mouth of the Persian Gulf in retaliation for sanctions that affect Iran's oil exports. But they have as yet made no attempts to disrupt shipping through the waterway, the route for one-fifth of the world's crude oil, and the U.S. and allies have warned they would respond swiftly to any attempts at a blockade."
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