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Hormuz Strait Closure Not on Iran’s Agenda, Al Alam Reports

Dec. 14 (Bloomberg) -- Closing the Strait of Hormuz to shipping is not on Iran’s agenda, the country’s state-run Al Alam news channel reported, citing the Iranian Foreign Ministry.

Iran believes the region needs stability and calm, ministry spokesman Ramin Mehmanparast told Al Alam late yesterday, according to a report on the channel’s website.

Israel and the U.S. are making threats to create a war atmosphere and may consider irrational military actions, to which Iran would react, Mehmanparast said.

About 15.5 million barrels of oil a day, about a sixth of global consumption, flows through the waterway between Iran and Oman at the mouth of the Persian Gulf, according to the U.S. Department of Energy.

To contact the reporter on this story: Ladane Nasseri in Dubai at lnasseri@bloomberg.net

To contact the editor responsible for this story: Andrew J. Barden at barden@bloomberg.net

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