Iran’s foreign minister,Ali Akbar Salehi insisted Iran would close off the passage for a fifth of the world’s oil if its own exports are halted, according to the semiofficial Fars news agency, adding, “but I don't think such a time will ever come.”    — Reuters

TEHRAN: Iran’s foreign minister is playing down his country’s threat to close the vital Strait of Hormuz in retaliation for Western sanctions over its nuclear program.    

Ali Akbar Salehi insisted Iran would close off the passage for a fifth of the world’s oil if its own exports are halted, according to the semiofficial Fars news agency, adding, “but I don't think such a time will ever come.”

Salehi’s comment Tuesday came after the European Union began enforcing a ban on purchase of Iranian oil. EU imports made up about 18 percent of Iran's oil sales.

The embargo is part of a series of sanctions meant to pressure Iran to halt its uranium enrichment program. The West suspects Iran is aiming to build nuclear weapons. Iran denies that.

Opinion

Editorial

Wheat price crash
Updated 20 May, 2024

Wheat price crash

What the government has done to Punjab’s smallholder wheat growers by staying out of the market amid crashing prices is deplorable.
Afghan corruption
20 May, 2024

Afghan corruption

AMONGST the reasons that the Afghan Taliban marched into Kabul in August 2021 without any resistance to speak of ...
Volleyball triumph
20 May, 2024

Volleyball triumph

IN the last week, while Pakistan’s cricket team savoured a come-from-behind T20 series victory against Ireland,...
Border clashes
19 May, 2024

Border clashes

THE Pakistan-Afghanistan frontier has witnessed another series of flare-ups, this time in the Kurram tribal district...
Penalising the dutiful
19 May, 2024

Penalising the dutiful

DOES the government feel no remorse in burdening honest citizens with the cost of its own ineptitude? With the ...
Students in Kyrgyzstan
Updated 19 May, 2024

Students in Kyrgyzstan

The govt ought to take a direct approach comprising convincing communication with the students and Kyrgyz authorities.