January 7, 2012
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26:32Now PlayingEscalation in the Strait of Hormuz - Iranian Showdown or Saber Rattling?
Iran is threatening to block the Strait of Hormuz. That would have drastic consequences for the international oil trade. Every day, 20 supertankers pass through the vital shipping lane. Half of China's oil requirements reach the country via this route. The United States has made it clear that it would not tolerate such a blockade. Washington has a strong military presence in the region. The US 5th naval fleet is stationed in Bahrain.
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