Robert Powell, The Economist Analyst, Discusses Iran's War of Words: Threats on the Strait of Hormuz

Feb. 26, 2012 - PRLog -- This month, Energy Digital discusses the current situation in the Straight of Hormuz in an interview with Senior Editor of The Economist Intelligence Unit and Middle East analyst for The Economist Robert Powell.

With Iran's recent threats to block the Strait of Hormuz—the world's most important oil shipping lane—should sanctions be imposed on its nuclear program from the West, Powell answers the pressing questions at hand. Is Iran bluffing and how effective would the move to close the Strait really be in the long run?

As the EU and the US move forward with sanctions and prepare to tap alternative routes to make up for any shortfall in Iranian crude, tensions and oil futures are on the rise. How far will each side go before a war of words turns into something greater?

The situation has created a lot of side stories in the media. Powell gives his take on all the hype.

Read the full article here: http://www.energydigital.com/oil_gas/irans-war-of-words-threats-on-the-strait-of-hormuz

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