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9

Iran Not to Break Up Oil Supply throught the Gulf

Iran is unlikely to disrupt oil supply through the strategic Strait of Hormuz waterway in the Gulf

Iran is unlikely to disrupt oil supply through the strategic Strait of Hormuz waterway in the Gulf in any row with the West over its nuclear ambitions, a top International Energy Agency official said on Tuesday.

"Frankly there is almost no likelihood Iran would have an interest in stopping supply" IEA Deputy Executive Director William Ramsay told the Reuters Global Energy Summit.

Ramsay was responding to questions on the possibility of Iran stopping oil exports either by threatening merchant shipping directly or mining the waterway and wider Gulf waters.