The EU plans to move forward imposing new sanctions on Iran even as Tehran threatens shenanigans...

|By:, SA News Editor

The EU plans to move forward imposing new sanctions on Iran even as Tehran threatens shenanigans in the Strait of Hormuz, through which much of the planet's oil passes. "Not a drop of oil will pass through," if the West imposes new sanctions, says Iran's VP Mohamed Reza Rahimi. Oil is unfazed, -1.8% at $99.50.