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Saturday, June 30, 2012
Iran expects to equip Gulf ships with missiles soon
Iran expects to equip its ships in the Strait of Hormuz soon with shorter-range missiles, a Revolutionary Guards commander was quoted as saying, in the latest apparent warning to the West not to attack it over its disputed nuclear program.
The Islamic Republic has threatened to shut the Strait, the conduit out of the Gulf for 40 percent of the world's seaborne oil trade, if Western sanctions aimed at curbing its nuclear works block its own crude exports.
The European Union plans to impose a total embargo on Iranian oil from Sunday and has told Tehran that more punitive steps could follow if it keeps defying U.N. demands for limits nuclear activity that could be of use in developing bombs.
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