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Monday, 2 July 2012 - Iran drafts bill to block Hormuz for Gulf oil tankers |
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See the best of Reuters photography.  See more | Photo caption  Raging wildfires Raging fires strike Colorado and Utah.  Slideshow  Kung Fu academy Aspiring Kung Fu martial artists from all over the world train at a family-run school in Beijing.  Slideshow  Iran drafts bill to block Hormuz for Gulf oil tankers Tweet Share this Email Print Related News Iran resumes natural gas flow to Turkey: Mehr agency 11:34am EDT Analysis & Opinion The quiet influence of Kuwait’s Salafis What if Iran gets the bomb? Related Topics World » EDITORS' NOTE: Reuters and other foreign media are subject to Iranian restrictions on leaving the office to report, film or take pictures in Tehran. A general view of an oil dock is seen from a ship at the port of Kalantari in the city of Chabahar, 300km (186 miles) east of the Strait of Hormuz January 17, 2012. Credit: Reuters/Raheb Homavandi DUBAI | Mon Jul 2, 2012 11:21am EDT DUBAI (Reuters) - Iran's National Security and Foreign Policy Committee has drafted a bill calling for Iran to try to stop oil tankers from shipping crude through the Strait of Hormuz to countries that support sanctions against it, a committee member said on Monday. "There is a bill prepared in the National Security and Foreign Policy committee of Parliament that stresses the blocking of oil tanker traffic carrying oil to countries that have sanctioned Iran," Iranian MP Ibrahim Agha-Mohammadi was quoted by Iran's parliamentary news agency as saying. "This bill has been developed as an answer to the European Union's oil sanctions against the Islamic Republic of Iran." Agha-Mohammadi said that 100 of Tehran's 290 members of parliament had signed the bill as of Sunday. Iranian threats to block the waterway through which about 17 million barrels a day sailed in 2011 have grown in the past year as U.S. and European sanctions aimed at starving Tehran of funds for its nuclear program have tightened. A heavy western naval presence in the Gulf and surrounding area is a big impediment to any attempt to block the vital shipping route through which sails most of the crude exported from Saudi Arabia, the United Arab Emirates, Kuwait and Iraq and nearly all the gas exported from Qatar. A European Union ban on imports of Iranian oil started on Sunday. (Reporting By Yeganeh Torbati and Daniel Fineren, editing by Jane Baird) World Tweet this Link this Share this Digg this Email Reprints   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/ Comments (2) Josorr wrote:   Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter   Facebook   LinkedIn   RSS   Podcast   Newsletters   Mobile About Privacy Policy Terms of Use AdChoices Copyright 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 Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us   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. 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