Reuters carry the story. In brief:
U.S. hasn’t ruled out the possibility that the mine preparations were a bluff to signal Tehran’s readiness without intent to act.
Iran has the capability to close the Strait, though it exports oil through it as well; over 5,000 naval mines are in its arsenal.
This article was written by Eamonn Sheridan at www.forexlive.com. Read More Details
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