Bank Of Baku

Commander of Iran’s Islamic Revolution Guards Corps: World cannot survive even 24 hours without PG oil

Commander of Iran’s Islamic Revolution Guards Corps: World cannot survive even 24 hours without PG oil
# 08 January 2012 05:35 (UTC +04:00)
While answering reporters’ question about “whether Iran closes the Strait of Hormuz”, he said that this option has been repeatedly tested it. "The world can not stand on its feet without oil, which is transported through Persian Gulf", - the admiral said.

Note that according to the Marine Division of Statistics Lloyd’s the strait is one of the world’s most important waterways, with a daily flow of about 15 million barrels of oil, which accounts for 90 percent of Persian Gulf exports and 40 percent of global consumption.
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