S&P: Which Middle East Companies & Countries Will Suffer If Strait of Hormuz Is Blocked?

alifarabia | February 17, 2012 | Featured Qatar, Featured UAE, Iraq, Oil, Qatar, Saudi Arabia, UAE | No Comments

It’s a crisis that won’t go away. While the region is no stranger to Israelis and Iranians trading insults and threats, Tel Aviv’s latest hue and cry over Iran’s nuclear ambition refuses to die down.

Recent bombing attacks on Israeli embassies in New Dehli, Tbilisi (Georgia) and Bangkok was blamed on Iran - claims denied by Tehran - have frayed nerves and the Iranian President Mahmoud Ahmadinejad did nothing to soothe them by attending an event that highlighted Iran’s “nuclear achievements” on Wednesday.

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