Iran says that if the U.S. goes forward with its threat to impose sanctions on the country’s central bank, which could cripple its oil exports, then it will shutdown the Straits of the Hormuz. The U.S. says that’s just one red line that should Iran cross would trigger military actions.
The U.S. is warning Iran not to follow through on a threat to close the Strait of Hormuz. Secretary of Defense Leon Panetta tells soldiers at Fort Bliss Texas, blocking the Strait is just one action by Iran that would provoke a response.
In the wake of revelations about its nuclear program, many Western powers have discussed sanctioning Iran’s petroleum exports. On Tuesday, Iran stepped up its saber-rattling, warning that if an American aircraft carrier returned to its base via the Strait of Hormuz, it would face the “full force” of the Iranian navy. Roughly one fifth of […]