Guest Post: Iran Positioned to Threaten Oil Lanes

http - November 26th, 2012

Submitted by Daniel J. Graeber of OilPrice.com , In mid-December, the U.S. military will have only one aircraft carrier positioned in the Persian Gulf region for the first time in two years . At the same time, the Iranian navy said it was kicking off a 10-day exercise in the region. Oil prices spiked when Iran early this year threatened to close oil-shipping lanes in the region.

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