Tensions between the U.S. and Iran will likely escalate in the near future, a former adviser to the Iranian government said on Monday.
that if Iran were to block the Strait of Hormuz, "it's not going to be closed for long."
More than one-quarter of global liquefied natural gas trade transited the Strait of Hormuz in 2018 and there are limited options to bypass the waterway,Asked if Iran might withhold from threats to block the Strait of Hormuz, because it needs to export energy products through the channel, Fesharaki said: "They get a little bit of money but the money is not big enough for them to ... simply give up everything else that President Trump is asking them to.
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