Hormuz Bypass Pipeline to Be Delayed Amid Iran Tensions
Bloomberg
Jan. 09, 2012. 03:29 AM EST
Jan. 9 (Bloomberg) -- Lara Setrakian reports on the outlook for Iran to close the Strait of Hormu... More »
Jan. 9 (Bloomberg) -- Lara Setrakian reports on the outlook for Iran to close the Strait of Hormuz as Europe prepares to follow tougher U.S. sanctions on the country over its nuclear program and the status of a pipeline that would allow oil from the United Arab Emirates to bypass the waterway. The pipeline has been delayed because of construction difficulties, two people with knowledge of the matter said. Setrakian speaks with Linzie Janis on Bloomberg Television's "Countdown." (Source: Bloomberg) « Less
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