Carlsbad, CA, February 23, 2012 --(PR.com
)-- This month, Energy Digital discusses the current situation in the Straight of Hormuz in an interview with Senior Editor of The Economist Intelligence Unit and Middle East analyst for The Economist Robert Powell.
With Iran's recent threats to block the Strait of Hormuz - the world's most important oil shipping lane - should sanctions be imposed on its nuclear program from the West, Powell answers the pressing questions at hand. Is Iran bluffing and how effective would the move to close the Strait really be in the long run?
As the EU and the US move forward with sanctions and prepare to tap alternative routes to make up for any shortfall in Iranian crude, tensions and oil futures are on the rise. How far will each side go before a war of words turns into something greater?
The situation has created a lot of side stories in the media. Powell gives his take on all the hype.
Read the full article here: http://www.energydigital.com/oil_gas/irans-war-of-words-threats-on-the-strait-of-hormuz
About Energy Digital
Energy Digital is a leading digital media source of news and content for C-level executives focused on business and all aspects of managing the environment. Energy Digital provides information for industry specific issues such as: Renewables; Global Operations; Exploration and Production, and Green Business. Energy Digital is the industry-dedicated arm of the WDM Group. Founded in 2007 by entrepreneur Glen White, WDM Group retains a diversified portfolio of websites, magazines, mobile apps, daily news feeds and weekly e-newsletters that leverage technology to innovatively deliver high-quality content, analytical data, and industry news.
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