{"id":38113,"date":"2018-09-22T07:01:08","date_gmt":"2018-09-22T12:01:08","guid":{"rendered":"http:\/\/olduvai.ca\/?p=38113"},"modified":"2018-09-22T07:01:08","modified_gmt":"2018-09-22T12:01:08","slug":"iran-starts-air-force-drills-near-the-worlds-crucial-oil-chokepoint","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=38113","title":{"rendered":"Iran Starts Air Force Drills Near The World\u2019s Crucial Oil Chokepoint"},"content":{"rendered":"

Iran Starts Air Force Drills Near The World\u2019s Crucial Oil Chokepoint<\/a><\/h3>\n\"Iran<\/picture>\n
\n

Iran\u2019s Air Force and the Islamic Revolution Guards Corps began on Friday fighter jet drills<\/a> over the waters near the world\u2019s most important oil chokepoint, the Strait of Hormuz, Iran\u2019s IRNA news agency reported on Friday.<\/p>\n

Aircraft including nine F-4, six Sukhoi, and four Mirage started the war games in the Persian Gulf and the Sea of Oman waters, IRNA said<\/a>.<\/p>\n

The maneuver is a warning that Iran\u2019s enemies will face a \u201cstern response\u201d if they show ill-will toward Tehran, the AP quoted the official Iranian news agency as saying.<\/p>\n

Earlier this year, Iran threatened to close<\/a> the Strait of Hormuz for all tanker traffic if the U.S. drives Iranian oil exports to zero.<\/p>\n

As the first round of U.S. sanctions on Iran kicked in last month and the second round of sanctions\u2014including on Iranian oil exports\u2014is set to snap back in early November, the Islamic Republic has recently stepped up rhetoric<\/a> about controlling the most vital oil flow chokepoint in the world.<\/p>\n

U.S. Secretary of State Mike Pompeo rebuffed Iran\u2019s claims saying<\/a> in a statement posted on Twitter: \u201cThe Islamic Republic of Iran does not control the Strait of Hormuz.\u201d<\/p>\n

The Strait of Hormuz is the world\u2019s most important chokepoint, with an oil flow of 18.5 million bpd in 2016, the EIA estimates<\/a>. The Strait connects the Persian Gulf with the Gulf of Oman and the Arabian Sea and is the key route through which Persian Gulf exporters\u2014Saudi Arabia, Iran, Iraq, Kuwait, Qatar, the UAE, and Bahrain\u2014ship their oil. Only Saudi Arabia and the UAE have pipelines that can ship crude oil outside of the Persian Gulf with additional pipeline capacity to bypass the Strait of Hormuz, which is a route of more than 30 percent of the daily global seaborne-traded crude oil and petroleum products and more than 30 percent of the liquefied natural gas (LNG) flows.<\/p>\n

\u2026click on the above link to read the rest of the article\u2026<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Iran Starts Air Force Drills Near The World\u2019s Crucial Oil Chokepoint Iran\u2019s Air Force and the Islamic Revolution Guards Corps began on Friday fighter jet drills over the waters near the world\u2019s most important oil chokepoint, the Strait of Hormuz, Iran\u2019s IRNA news agency reported on Friday. Aircraft including nine F-4, six Sukhoi, and four […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3,5],"tags":[21802,1997,441,14751,595,20981,21803,5332,9311,14603,827],"class_list":["post-38113","post","type-post","status-publish","format-standard","hentry","category-energy-2","category-geopolitics","tag-air-force-drills","tag-economic-sanctions","tag-iran","tag-islamic-revolutionary-guard","tag-oil-production","tag-oil-shipments","tag-oil-shipping-lanes","tag-oilprice-com","tag-strait-of-hormuz","tag-tsvetana-paraskova","tag-united-states"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/38113","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=38113"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/38113\/revisions"}],"predecessor-version":[{"id":38114,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/38113\/revisions\/38114"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=38113"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=38113"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=38113"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}