Oil threat fuels nuclear dispute
Iran yesterday rejected a Russian compromise aimed at ending its nuclear stand-off with the UN and threatened to strangle world oil supplies passing through the Strait of Hormuz. Tehran’s defiance came as Britain sought to persuade the UN Security Council to set a deadline as soon as 14 days away to comply with international demands to curb its nuclear ambitions. Diplomats from the UN’s “Permanent Five” powers — Britain, China, France, Russia and the US — are due to meet again in New York today before seeking a Security Council statement later in the week. Full Story