US, Allies Work On Tough Iran Sanctions, Less Dependence On Its Oil -
 

04-01-12 11:15 AM

(RTTNews) - The Strait of Hormuz, located at the mouth of the Persian Gulf, links the oil-producing countries of Bahrain, Kuwait, Qatar, Saudi Arabia and the United Arab Emirates to the Indian Ocean. About 40 percent of the world's tanker-borne oil passes ...

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