The Military Option
Although American-led Western allies are flexing their muscles by sending battle ships to the Persian Gulf,
Given that 17 million barrels of oil a day, or 35% of the world's seaborne oil exports go through the Strait of Hormuz, incidents in the Strait would be fatal for the world economy. While only 1.1 millions barrels per day goes to the
Again, history has the straight answer. Contrary to conventional wisdom, the
In 1956, the
Demonstrably, although Europe is a major trade partner of the
It is possible that the leaders of Western European countries are beholden to special interest groups -- the pro-Israel lobbies, as the United States is, or they believe Iran will not call their bluff by ratifying the bill passed by Majlis and their oil will be delivered unhindered; perhaps both. Either way, they are committing financial suicide and their demise may well come before
[i] "THE IRANIAN ACCORD", The New York Times, Aug 6,1954, cited by S. Shalom
[ii] Martin Wahlisch, The Yale Journal of International Law, March 2012, citing UNCLOS, supra note 12, , art. 19, para1, and art. 25, para1.
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Soraya has lived and studied in-Iran, UK, France, and has obtained her Master's degree in Public Diplomacy from USC Annenberg and USC School for International Studies, Los Angeles.- She is an independent researcher, public speaker, radio (more...)
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