• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 4 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 15 hours How Far Have We Really Gotten With Alternative Energy
  • 1 day The United States produced more crude oil than any nation, at any time.
  • 23 hours China deletes leaked stats showing plunging birth rate for 2023
  • 2 days The European Union is exceptional in its political divide. Examples are apparent in Hungary, Slovakia, Sweden, Netherlands, Belarus, Ireland, etc.
  • 7 days Bad news for e-cars keeps coming
How EVs Could Provide Renewable Energy Storage To Support the Grid

How EVs Could Provide Renewable Energy Storage To Support the Grid

Bidirectional charging technology allows electric…

Iranian Naval Commander Says Straits of Hormuz will not be Closed

Iranian politicians have often said that they would consider blocking the Straits of Hormuz in response to US and EU sanctions that are exerting economic pressure on the Gulf state in order to force more transparency over the nuclear enrichment program.

However in a move that reduces the potency of those threats, Alireza Tangsiri, deputy naval commander in Iran's Revolutionary Guards, has come out and stated that whilst “the enemies constantly state that the Islamic Republic of Iran intends to close the Strait of Hormuz, we say that common sense does not dictate that Iran would close the Strait of Hormuz as long as it makes use of it.”

This follows a similar thought given by Iran’s Foreign Minister Ali Akbar Salehi to Reuters earlier this month; that Iran will not follow through on any threats to block the Straits unless their own vessels were first denied use of the strait.

Iran’s parliament is currently considering a bill which recommends closing the straits in retaliation to the sanctions.

By. Charles Kennedy of Oilprice.com



Join the discussion | Back to homepage



Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News