Brigadier-General Hossein Salami of Iran's Revolutionary Guard warned Sunday that Iran has the power to cut Europe's energy supply. The warning was issued as European leaders prepared to debate sanctions on Iran over its nuclear program.
"Iran sits on 50 percent of the world's energy, and if it wants, Europe will spend the winter in the cold,” Salami told Iranian troops in the city of Kerman. His speech was published by the Iranian Fars news agency.
Iran is in possession of roughly 16 percent of the world's natural gas and is the fourth-largest exporter of crude oil. In addition, Iran borders the Strait of Hormuz (Persian Gulf), through which much of the world's oil supply passes.
Do we need any more reasons for energy independence?
Monday, March 1, 2010
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