IMF: Halt In Iranian Oil Exports Could Push Global Oil Prices Up By 30
 

26-01-12 10:42 AM

The Strait of Hormuz, a strategic waterway 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 ...

Source...