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  • Iran to host UN nuclear inspectors amid tensions over Strait of Hormuz threat

    01/13/2012 12:28:51 PM PST · by ColdOne
    FoxNews.com ^ | 1/13/12 | NewsCore
    WASHINGTON – Iran has agreed to host a high-level team of United Nations nuclear inspectors later this month, according to Western diplomats. The surprise development could help to curb building tensions with the West, The Wall Street Journal reported. However, the U.S. warned Tehran against making good on its threats to close the Strait of Hormuz -- a strategic waterway where 20 percent of the world's daily oil trade passes through -- The New York Times reported, adding that the Obama administration would consider such a move a "red line" and would respond accordingly. The warning came as diplomats Thursday...