CNBC | Iran Threatens To Close Key Oil Choke Point OilPrice.com Here we go again: Iranian President Hassan Rouhani has once again threatened to close the Strait of Hormuz, which is vital to up to one-third of all global oil shipping as it's a key transit choke point in the Persian Gulf. On Tuesday Iranian state ... Iranian President Hassan Rouhani threatens to close Strait of Hormuz if US blocks oil exports If Iran can't export oil from Gulf, no other country can, Iran's president says 'If US Will Stop the Export of Iran's Oil, Then No Oil Will be Exported from Persian Gulf' |