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Former Shell Oil CEO: Iran Threats Could Be Valid

Thursday, 29 Dec 2011 | 6:23 AM ET

For the Iranians to pull off shutting down the Strait of Hormuz would be armageddon-like, says John Hofmeister, former president/CEO Of U.S. Operations, Shell Oil Co. Who adds, the U.S. should be working harder to preserve its own energy.