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Iran strait hormuz war game oil embargo

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Europe's sanctions were bold, but they may backfire.
Iran strait hormuz war game oil embargo

An Iranian Saeqeh missile is launched during war games on April 25, 2010 in southern Iran, near the Strait of Hormuz, the narrow strategically located waterway through which 40 percent of world's seaborne oil supplies pass. The Jan. 23 European Union embargo on Iranian oil could backfire by driving Iran into China's strategic reserve.

Mehdi Marizad