An estimated 40% of the world’s oil passes through the narrow channel between Iran and Oman.
Wednesday, October 29, 2008
Ahmadinejad Endorses Obama
President Ahmadinejad of Iran is endorsing Obama in the hopes that he will lessen the almost three decades of hostility between the two countries. Iran is prepared for Obama in that Iran just built a naval base east of the Strait of Hormuz in a bid to boost its military control over the strategic Gulf waters. Admiral Habibollah Sayyari was quoted as stating that Iran "can prevent the entry of any enemy naval units into the strategic Persian Gulf area if need be,” in that the base is located in the port town of Jask on the Sea of Oman.