Tehran (Basirat) :Iran’s Islamic Revolution Guards Corps (IRGC) says it stands ready to put in action President Hassan Rouhani’s latest position that if Tehran were not able to export its crude oil through the Strait of Hormuz, no other country would be able to do so.

TEHRAN (Basirat): Tehran is threatening to block the Strait of Hormuz, a crucial artery for oil shipments from the Middle East, if Iranian exports are hampered. This will result in a huge loss of global crude supply and soaring prices.