The Hormuz red herring Talk of conflict in the Strait of Hormuz misses the real threat to the global oil market, says Derek Brower IRAN’S threat to close the narrow body of water that connects the Mideast Gulf with the global oil market is neither credible, nor the worst possible outcome of rising tensions [...]
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The Hormuz red herring
Posted in Iran, Iraq, oil, oil markets on January 9, 2012 | Leave a Comment »