Published on Dec 28, 2011 by Euronews
http://www.euronews.net/ The US Navy has said it will not allow one of the world's most important oil trade routes to be disrupted, following a threat by Iran to stop ships passing through the Strait of Hormuz.
A spokesperson for the Fifth Fleet, based in Bahrain, said the free flow of goods and services through the channel was vital to regional and global prosperity.
About 40 percent of the world's oil-tanker trade goes through the Strait of Hormuz, which links the numerous oil producing countries of the Gulf to the outside world.
A spokesperson for the Fifth Fleet, based in Bahrain, said the free flow of goods and services through the channel was vital to regional and global prosperity.
About 40 percent of the world's oil-tanker trade goes through the Strait of Hormuz, which links the numerous oil producing countries of the Gulf to the outside world.
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