All tagged Strait of Hormuz
◢ Iran's President Hassan Rouhani struck a defiant stance against US sanctions on Tuesday, renewing his threat to cut off international oil sales from the Gulf. “America should know... it is not capable of preventing the export of Iran's oil," Rouhani said at a televised rally in Semnan province.
◢ Iran is to move its main oil export terminal from the Persian Gulf to the Oman Sea, President Hassan Rouhani announced on Tuesday, sparing its tankers from using the strategic Strait of Hormuz. Rouhani said exports were already being shifted from the Kharg Island terminal, deep in the Persian Gulf, to Bandar-e-Jask in the Oman Sea and would be completed by the end of his term in 2021.
◢ Frequently a target of attack by hardliners, Iran's President Hassan Rouhani is benefiting from a sudden surge in support from his former critics, a week after he called for national unity. The apparent sea-change in conservative rhetoric follows hawkish comments by the president himself following Washington's unilateral May withdrawal from a landmark 2015 nuclear deal.