Saturday, July 21, 2012
Will Iran dare to close the Strait of Hormuz or is it just tough talk?
Just over half of Iran's parliament has backed a draft law to block the Strait of Hormuz, threatening to close the Gulf to oil tankers in retaliation against European sanctions. Lawmaker Javad Karimi Qodoosi, who drafted the document, said 150 of parliament's 290 members had signed the bill, describing the strait as "the world's lock" to which Iran holds the key, the lawmaker said. And even though the final decision lies with Supreme Leader Ayatollah Khamenei, and the parliament does not really get to influence foreign policy, the move would lend significant political support to a possible decision to close the Strait.