Con Coughlin: Iranian threat to close oil lanes could backfire
Published 06/01/2012 | 05:00
THE last time Iran tried to close the Strait of Hormuz, the trade artery linking the oil-rich Gulf states to the outside world, the Revolutionary Guards had only a few rubber dinghies and primitive mines to achieve their goals. Next time, they will be far better prepared.
For the ayatollahs, the Strait of Hormuz, which lies between Iran and the tiny sheikdoms of the Gulf, has become a national obsession in their long-standing confrontation with the West.
They know that, for all their long-held nuclear ambitions, they will never be able to match America's military supremacy.