#370459

Anonymous

BRUSSELS/TEHRAN — Iran has warned it could strike U.S. targets worldwide if Washington used force to break any Iranian blockade of a strategically vital shipping route.

The European Union banned imports of oil from Iran on Monday and imposed a number of other economic sanctions, joining the United States in a new round of measures aimed at deflecting Tehran’s nuclear development program.

In Iran, one politician responded by renewing a threat to blockade the Strait of Hormuz, an oil export route vital to the global economy, and another said Tehran should cut off crude shipments to the EU immediately.

That might hurt Greece, Italy and other ailing economies which depend heavily on Iranian oil and, as a result, won as part of the EU agreement a grace period until July 1 before the embargo takes full effect. Angry words on either side helped nudge benchmark Brent oil futures above $110 a barrel on Monday.

Iran, which denies trying to build an atom bomb, accused Europe of waging “psychological warfare.” Some Iranians also warned they might strike U.S. targets worldwide if Washington used force to break any Iranian blockade of the Strait of Hormuz.

http://news.nationalpost.com/2012/01/23/iran-renews-strait-of-hormuz-shutdown-threats-after-eu-joins-u-s-in-banning-oil-imports/