Strait of Hormuz

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Iran: Hey, Wanna See Oil Hit $150 a Barrel?

Tehran says EU's embargo will spike global prices

(Newser) - Iran is getting ready to vote today on banning oil sales to the EU —you know, before the EU can enact an embargo on aforementioned oil —and Tehran is engaging in some typical sabre-rattling, with the head of Iran's state oil company predicting global crude prices will...

War of Words Escalates Over Iran Sanctions

Lawmakers again threaten to close Strait of Hormuz

(Newser) - Senior Iranian lawmakers stepped up threats today that Islamic Republic warships could block the Persian Gulf's oil tanker traffic after the latest blow by Western leaders seeking to rein in Tehran's nuclear program: A punishing oil embargo by the European Union that sharply raises the economic stakes for...

US Boosting Persian Gulf Forces

America warns Iran that closing Strait of Hormuz would be 'red line'

(Newser) - Some of the US troops who left Iraq last month didn't move very far. As tensions with Iran rise, the US military has been quietly boosting its strength in the Persian Gulf, reports the Los Angeles Times . The move comes as US officials have warned Iran that closing the...

New Pain for Iran: Japan Jumps Aboard Embargo

Meanwhile, the US sends two new aircraft carriers to the Arabian Sea

(Newser) - It looks like things are about to get a little bit more uncomfortable for Iran: Japan today agreed to align itself with Washington and reduce the amount of oil it imports from Iran. Japan is extremely dependent on foreign fuel, and currently gets about 10% of its oil from Iran;...

Amid Sanctions, Iranians Expect War

Iran announces new Strait of Hormuz exercises

(Newser) - Western officials are fairly sanguine that Iran's recent provocations are only posturing. But on the streets of Tehran, sanctions are taking a real toll, and the populace expects violence, the Washington Post reports. The country is in the midst of a currency crisis that has made prices shoot up...

Iran Blockade Could Send Oil Up 50%

But international forces would win the ensuing conflict

(Newser) - If Iran ever really closed off the Strait of Hormuz—as it threatened to last week —oil prices could spike more than 50% in a matter of days, analysts tell the New York Times , with even a partial closure likely resulting in a $50-per-barrel increase. “You would get...

EU Calls for Iran Oil Ban
 EU Readies Iran Oil Ban 

EU Readies Iran Oil Ban

France calls for deal by end of month

(Newser) - Europe is continuing to get serious about Iran's nuclear ambitions, with EU member states agreeing in principle to ban the import of Iranian crude oil, reports the BBC . And while nuances must be hammered out—including whether and how long to exempt existing oil contracts with Iran, as well...

Iran to US Aircraft Carrier: Don't Return to Gulf

Army chief says action will be taken if warning not heeded

(Newser) - Tension continues to build between Iran and the US, with Iran's army chief warning today that Tehran will take action if a US aircraft carrier returns to the Persian Gulf. The carrier was spotted there last week during Iran's 10 days of naval exercises , but left for the...

Iran Films US Aircraft Carrier in Persian Gulf
 Iran Films US Aircraft Carrier 

Iran Films US Aircraft Carrier

And warns it not to come closer

(Newser) - Iran's chest-thumping continues: An Iranian surveillance plane spotted and recorded footage of a US aircraft carrier in the Persian Gulf as part of its current Navy drill in the Strait of Hormuz, Iran's state-run news agency said today. It quoted the top admiral in Iran's navy as...

US to Iran: Shutting Hormuz 'Will Not Be Tolerated'

War of words escalates over proposed sanctions

(Newser) - The rhetoric between the US and Iran over the Strait of Hormuz is heating up, reports MSNBC . After Tehran threatened to shut down the strait if the West imposes sanctions, the US Navy's 5th Fleet responded thusly: "Anyone who threatens to disrupt freedom of navigation in an international...

Iran Threatens to Block Flow of Gulf Oil

...if US, EU impose sanctions

(Newser) - A blustering Iran yesterday threatened to choke the flow of oil through the Gulf's Strait of Hormuz if the West imposes sanctions on its oil exports—sanctions that the the White House is prepping and the EU is considering as a way to punish the country for its nuclear...

'Complacency' Faulted in US Nuke Sub Crash

'Weak' command, lax standards prevailed aboard USS Hartford

(Newser) - US Navy investigators are pinning blame for the March collision between a nuclear-powered submarine and another Navy ship on lax atmosphere and “weak” command aboard the USS Hartford, where sailors slept while they were supposed to be on watch, and the radio room was rigged up with music speakers....

US Nuclear Sub, Ship Collide in Strait of Hormuz

(Newser) - Two US vessels—the USS Hartford nuclear submarine and the amphibious USS New Orleans—collided in the waters between Iran and the Arabian peninsula today, the AP reports. Fifteen sailors were slightly injured aboard the Hartford, but all were able to return to duty. The New Orleans crew was unscathed,...

Iran Tests Missile in Gulf in 'Warning' to US

Nine weapons fired into strategic waterway as alert to 'enemies'

(Newser) - Iran demonstrated its military might today by firing nine long- and medium-range missiles in the Strait of Hormuz, which 40% of the world's oil passes through. Reports on Iranian television said that one of the weapons fired was the Shahab-3 missile, which has a range of 1,250 miles....

Ex-Sailor Convicted in Terror Case
Ex-Sailor Convicted in Terror Case

Ex-Sailor Convicted in Terror Case

Navy signalman told al-Qaeda group about ship movements

(Newser) - A jury in Connecticut convicted a former Navy sailor today of passing along classified information about US ships in the Persian Gulf to terrorists, the AP reports. Prosecutors said Phoenix native Hassan Abu-Jihaad, 32, sent details about naval ship movements to a group affiliated with al-Qaeda in April of 2001....

France Dives Into Gulf With Base
France Dives Into Gulf With Base

France Dives Into Gulf With Base

Military base in Emirates represents major shift in strategy

(Newser) - President Nicholas Sarkozy returned to France yesterday with accords that will make his country a major player in the Persian Gulf, the Christian Science Monitor reports. France will soon have a permanent military base on the United Arab Emirates' side of the Strait of Hormuz, a key oil pathway; it...

Bush Asks OPEC for More Oil
Bush Asks OPEC for More Oil

Bush Asks OPEC for More Oil

Warns even rogue Iranian attack would have 'serious consequences'

(Newser) - OPEC should start producing more oil, President Bush told Saudi Arabia’s King Abdullah today, or it risks damaging “consuming economies,” like the US. Bush said high oil prices were reducing consumer purchasing power, and said more supply “would be helpful.” He also warned Iran to...

Heckler May Have Menaced Navy Ships
Heckler May Have Menaced Navy Ships

Heckler May Have Menaced Navy Ships

Voice warned 'You will explode' in standoff with Iranian boats

(Newser) - Threats transmitted during a recent faceoff between US Navy vessels and Iranian boats may have come from a prankster known as the “Filipino Monkey,” the Navy Times reports. Towards the end of last month's faceoff in the Strait of Hormuz, a voice transmitted: “I am coming to...

Boat Face-Off Reveals Iran Tactics: US

Navy also reveals two December incidents, where shots were fired

(Newser) - Objects tossed from Iranian boats posed no threat to US ships last Sunday, the Navy said yesterday, but did reveal Tehran's warfare tactics. The incident was also one of three between US and Iranian ships over the past month: In the first face-off, Dec. 19, the USS Whidbey Island fired...

US Files Formal Protest to Iran Over Ship Incident

Tehran releases own video, rejects American version of events

(Newser) - The US sent a formal diplomatic complaint to Iran today over what it calls the "provocative" harassment of American ships by Iranian speedboats, the AP reports. Iran, meanwhile, released its own video of the encounter in the Persian Gulf, which it says backs up its contention that the US...

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