الرئيسية
DUBAI, Jan 16 (Reuters) - The Straits of Hormuz are
unlikely to be blocked for long, if at all, but rising tension
between Iran and Western powers are disturbing and negative for
oil markets, Saudi Arabia's Oil Minister Ali al-Naimi told CNN
on Monday.
Tehran has threatened to close the vital export route for
most of Saudi Arabia's oil as tensions with the United States
and its Western allies have escalated over the last month.
"I personally do not believe that the Strait, if it were
shut, will be shut for any length of time. The world cannot
stand for that," the oil minister for the world's largest oil
exporter told CNN, according to a transcript of CNN's Global
Exchange programme due to air at 1600 GMT.
Asked if he is concerned about the war of words between Iran
and United States Naimi said: "I don't think all these
pronouncements are helpful to the international oil market or to
the price of oil. Its really disturbing."
unlikely to be blocked for long, if at all, but rising tension
between Iran and Western powers are disturbing and negative for
oil markets, Saudi Arabia's Oil Minister Ali al-Naimi told CNN
on Monday.
Tehran has threatened to close the vital export route for
most of Saudi Arabia's oil as tensions with the United States
and its Western allies have escalated over the last month.
"I personally do not believe that the Strait, if it were
shut, will be shut for any length of time. The world cannot
stand for that," the oil minister for the world's largest oil
exporter told CNN, according to a transcript of CNN's Global
Exchange programme due to air at 1600 GMT.
Asked if he is concerned about the war of words between Iran
and United States Naimi said: "I don't think all these
pronouncements are helpful to the international oil market or to
the price of oil. Its really disturbing."
- (Reporting by Amena Bakr; Writing by Daniel Fineren)