The Freeland File
Aerospace & Defense
Global Market Data
Tales from the Trail
Lucy P. Marcus
David Cay Johnston
The Great Debate
Jack & Suzy Welch
Macro & Markets
Lipper Awards 2012
Personal Finance Video
Our best photos from the last 24 hours. See more
Images of June
Russia's "Pussy Riot" on trial for cathedral protest
Olympics-Swimming-Medallist Lu hits out at Chinese training regimes
29 Jul 2012
Ticket backlash overshadows Games
29 Jul 2012
Colorado shooting suspect faces formal charges in court
German renewables output hits record high in H1
26 Jul 2012
Obama attacks on taxes and Bain hit Romney ratings
Colorado massacre suspect silent in first court hearing
Romney backs Israel if needs to strike Iran: aide says
Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography. See more | Photo caption
Highlights from the Opening Ceremony of the London 2012 Olympic Games. Slideshow
The Olympic Village
Where the athletes will live during the London Olympics. Slideshow
Iran says to keep Hormuz open as long as it serves its interests
Oil up on China data, but Europe concerns limit rise
Tue, Jul 24 2012
UPDATE 3-Oil above $103 after China data; Europe weighs
Tue, Jul 24 2012
Oil falls, pressured by Spain, euro zone worries
Mon, Jul 23 2012
Iran military downplays threat to close Hormuz Strait
Mon, Jul 23 2012
Oil falls as Europe debt woes revive economic fear
Fri, Jul 20 2012
Analysis & Opinion
Iran air strike bets on the rise
The dying Russian bear strikes again
Iranian military personnel stand on a submarine during a naval parade on the last day of the Velayat-90 war game in the Sea of Oman near the Strait of Hormuz in southern Iran January 3, 2012.
Credit: Reuters/Jamejamonline/Ebrahim Norouzi
Mon Jul 30, 2012 11:28am EDT
DUBAI (Reuters) - Iran will keep the vital Strait of Hormuz shipping lane open as long as the waterway served its interests, a military commander was on Monday quoted as saying.
Iranian politicians and officials have often said that Iran could block the strait - the neck of the Gulf through which 40 percent of the world's seaborne oil exports passes - in response to sanctions or military action.
Such a move would risk a military response from the United States and Foreign Minister Ali Akbar Salehi told Reuters in July that Iran was unlikely to follow through on the threat unless its own vessels were denied use of the strait.
"Iran's goal is for everyone in the world to use the Strait of Hormuz but as long as it does not harm Iran's interests and in that case our reaction would definitely be different," IRNA news agency quoted senior Revolutionary Guards commander Masoud Jazayeri as telling Iran's Arabic-language Al Alam television.
"Most military experts know that if Iran decides to close the Strait of Hormuz, no country or countries would be able to confront this move," he added, according to IRNA.
Experts say that a heavy Western naval presence in the Gulf and surrounding area is a big impediment to any attempt to block the waterway.
Israel and the United States have threatened military action against Iran unless it abandons nuclear activities which the West suspects are intended to develop nuclear weapons.
Tehran says its nuclear program is for peaceful purposes.
(Writing by Zahra Hosseinian, editing by Diana Abdallah)
We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/
Back to top
New York Legal
Support & Contact
Connect with Reuters
Our Flagship financial information platform incorporating Reuters Insider
An ultra-low latency infrastructure for electronic trading and data distribution
A connected approach to governance, risk and compliance
Our next generation legal research platform
Our global tax workstation
About Thomson Reuters
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.