Indus Falcon
SENIOR MEMBER
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- Mar 4, 2011
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Do you have any details about this Arsenal ? . . My dear brother
I think that the closure of the Strait of Hormuz will hurt Iran more than GCC . . Because the GCC
have Pipelines stretching across the Arabian peninsula to the Red Sea . .while Iran only to the piprline that extends to supply Turkey with gas
That's the reason Abu Dhabi built a crude pipeline from AbuDhabi to Fujairah (which is on the Indian ocean side) at a cost of US$3bn+ 70% of their crude will be exported via this pipeline.