TEHRAN (Commodity Online): OPEC member Iran has issued a warning that if its Crude Oil exports are blocked in any way, it will go ahead and completely close down the Strait of Hormuz. Iran is the second largest oil producer in the OPEC.
Ali Ashraf Nouri was quoted by the Khorasan Daily as saying that "The supreme authorities … have insisted that if enemies block the export of our oil, we won't allow a drop of oil to pass through the Strait of Hormuz. This is the strategy of the Islamic Republic in countering such threats”. Nouri is the a senior commander of Iran's revolutionary guard.
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