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An Iranian official threatened on August 23 to target Gulf oil export routes if neighbouring countries joined the US "economic war" against Iran, according to reports.
An Iranian official threatened on August 23 to target Gulf oil export routes if neighbouring countries joined the US "economic war" against Iran, according to reports.
The threat was aimed at Gulf states that might cooperate with US sanctions efforts, and it put oil infrastructure and shipping lanes at the centre of the warning.
The official was not identified in the report, and no specific actions were described.
Threats against export routes tend to move oil prices quickly. The response of Gulf governments, and any change in shipping advisories, are the indicators to watch.
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