Thu, 19 Jul 2012 03:38:27 CDT
United Arab Emirates: The Iranian parliament's Energy Commission has dismissed as "media propaganda" recent reports alleging that a UAE oil pipeline can make up for a part of supply drop in the market in case the strategic Strait of Hormuz is closed to oil tankers by Iran, Fars news has reported. "The Strait of Hormuz has no replacement and the UAE cannot leave any impact on Iran's standing through such measures," member of the Energy Commission, Ali Marvi was quoted as saying.
Read full article at: ameinfo.com