Gulf states seek to calm fears over Hormuz
Oil-rich Gulf states are battling to ease international fears that Irans threat to close the Strait of Hormuz and cut their main sea gateway to the world has exposed their lack of alternative crude export routes.
Countries with pipelines that bypass the strait have only limited capacity, while others notably Qatar, the worlds largest exporter of liquefied natural gas have few or no alternatives.
The shortage of contingency plans has raised the stakes further in the political battle over Tehrans warning, which came in response to western threats to impose sanctions on Iranian oil.
Abdullah al-Attiyah, Qatars long-serving former energy minister, is one of several Gulf Arab officials to call for calm over a shutdown they in common with some independent analysts think will never take place.
full: http://liveweb.archive.org/http://www.ft.com/cms/s/0/58d77372-3c52-11e1-8d72-00144feabdc0.html
itsrobert
(14,157 posts)Your link is just not going though for me. And I suspect for others.
Now, my link is not working. YIKES!
southernyankeebelle
(11,304 posts)had a my Italian Uncle (dead now) I remember him worry about that back in the early 60s. He had a some type of shipping business and he always worried about it being closed down. Even back then. Always something going on in that area.
alp227
(32,052 posts)clicking directly to FT.com goes to paywall unless from search results.
itsrobert
(14,157 posts)But the liveweb link is taking me to the waybackmachine and the link goes dead.
alp227
(32,052 posts)under the liveweb, and the liveweb function intermittently "lacks the files"...