Monday, July 7, 2008

US braces for closure of oil passage

The US Navy says it is carrying out a maneuver in the Persian Gulf to master the guarding of maritime oil and gas infrastructures.
"The aim of Exercise Stake Net is to practice the tactics and procedures of protecting maritime infrastructure, such as gas and oil installations," said Commodore Peter Hudson in a US Fifth Fleet statement released Monday. The statement comes days after the US Naval Forces Central Command said that the Pentagon is determined to keep the Strait of Hormuz open in case a war breaks out with Iran...

The strategically vital Strait of Hormuz, between Iran and Oman, is an essential conduit for energy supplies. As much as 40 percent of the world's sea-transited crude oil passes through the waterway.

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