Persian Gulf

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Iran Frees 5 Brit Yachtsmen
 Iran Frees 5 Brit Yachtsmen 
Dec 2, 2009 4:22 AM CST

Iran Frees 5 Brit Yachtsmen

Revolutionary Guard decides sailors aren't spies

(Newser) - Five British sailors detained when their racing yacht strayed into Iranian waters last week have been released. Officials of Iran's Revolutionary Guard, who had warned the men would be prosecuted if they were found to have "evil intentions," said they determined that the sailors' entry into Iranian waters...

'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....

America's Cup Sails to Persian Gulf

Defending champions choose UAE site for 'perfect weather'

(Newser) - February’s America’s Cup will be held in the United Arab Emirates for the first time, the defending champs, who get to choose, announced yesterday. The decision marks the Middle East’s continued growth as an international sports mecca, the Wall Street Journal notes. Ras al-Khaimah in the southern...

Family Doesn't Believe Speicher Died in Crash

Grateful for return of body, but official line doesn't jibe with beliefs

(Newser) - Scott Speicher’s family is thankful for the return of the missing pilot's remains, but isn't buying the military's conclusion that he died in a plane crash in Iraq on the opening night of the Gulf War, the Florida Times-Union reports. “We’re discrediting the rumor that he died...

Pilot's Remains Found in Iraq After 18 Years

Speicher was first casualty of 1991 Persian Gulf War

(Newser) - The remains of the first American lost in the 1991 Persian Gulf War have been found in Iraq, the military said today. The disappearance of Navy Capt. Michael "Scott" Speicher has bedeviled investigators since his fighter jet was shot down on the first night of the war. He was...

Colbert Plans Persian Gulf Tour
 Colbert Plans Persian Gulf Tour 
Mar 19, 2009 1:25 PM CDT

Colbert Plans Persian Gulf Tour

He'll film a week of episodes on USO tour

(Newser) - Stephen Colbert is putting on a flak jacket and heading to the Persian Gulf, Variety reports. The Colbert Report will film a week of shows on a USO tour, but no one is dishing out air dates or specific locations. Says Colbert, “I can’t tell you where I’...

Gulf Oil Powers Pump Green Into Clean Technology

States invest billions to keep atop energy-economy heap

(Newser) - Though the per-capita carbon footprint of the United Arab Emirates dwarfs that of most anywhere else, it and fellow Persian Gulf oil giants like Qatar and Saudi Arabia are becoming the unlikely cradle of green technology, the New York Times reports. Wary of the world’s dependence on crude and...

Even Oil-Rich Gulf States Hit by Financial Storm
Even Oil-Rich Gulf States Hit by Financial Storm
FINANCIAL CRISIS
Oct 27, 2008 9:51 AM CDT

Even Oil-Rich Gulf States Hit by Financial Storm

Global woes descend on Persian Gulf oil economies with a fury

(Newser) - The financial crisis has finally struck the Persian Gulf—the one area of the world that had seemed immune—as a 50% plunge in oil prices since July and a raft of currency trades gone bad has led to the first bank bailout in the area. Kuwait’s central bank...

Pickens' 'Energy Plan' Lacking in Actual Detail
Pickens' 'Energy Plan' Lacking
in Actual Detail
OPINION
Aug 6, 2008 11:44 AM CDT

Pickens' 'Energy Plan' Lacking in Actual Detail

Talk may be cheap, but oilman spending $58M to push empty rhetoric

(Newser) - T. Boone Pickens has plenty of ideas about making the US less dependent on oil, and he has plenty of reasons why. But broad generalizations about using wind power to generate electricity and natural gas to power cars doesn’t offer enough “how-to-get-it-done” detail to make it an actual...

Iran Tests More Missiles as US Vows to Protect Allies, Interests

A 'lesson for enemies' says Iranian chief

(Newser) - Iran claimed to have test fired more missiles today, a day after it launched nine missiles that pushed up oil prices and further stoked concerns that a regional conflict was brewing, reports Reuters. The "maneuver brings power to the Islamic Republic of Iran and is a lesson for enemies,...

Quiet Qatar Plays Key Mideast Peacemaker Role

Iconoclastic emirate works to calm conflicts

(Newser) - Qatar has managed the amazing diplomatic feat of staying friendly with just about everybody in the Middle East, the New York Times writes. The tiny, oil-rich emirate, which somehow maintains close ties with Iran while also hosting an American airbase, is rapidly becoming the region's mediator. Its diplomats recently pulled...

New Ship a 'Reminder' to Iran: Gates

Defense sec prods Tehran as 2nd carrier arrives in Gulf

(Newser) - A second US aircraft carrier steamed into the Persian Gulf yesterday, which Robert Gates says Iran should see as a "reminder." The defense secretary denied that the deployment of another ship in the Gulf amounted to an escalation of American forces in the area, Reuters reports, but hoped...

AmEx Leads Dow Rally
 AmEx Leads Dow Rally 
MARKETS
Apr 25, 2008 3:39 PM CDT

AmEx Leads Dow Rally

Oil jumps on worries about supplies in UK, Nigeria

(Newser) - Stocks were mixed today as financials rallied but Microsoft dragged down the tech sector.  Nevertheless, all three major indexes recorded back-to-back weekly gains for the first time since February, Bloomberg reports. The Dow closed up 42.91 at 12,891.86, the Nasdaq dipped 5.99 to 2,422....

Qatar Navigates Persian Gulf Minefield

Geography forces balancing act; gas wealth make it a player

(Newser) - The challenges of being Qatar, a peninsular nation bordering Saudi Arabia in the Persian Gulf, could be a hint of the diplomatic discourse to come, Bloomberg reports. The emirate cannily attends to the demands of its Saudi and Iranian neighbors, and it hosts US military forces; it also has learned...

Ex-Sailor Convicted in Terror Case
Ex-Sailor Convicted in Terror Case
Mar 5, 2008 5:43 PM CST

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....

Oil Insanity Pinned to Speculators
Oil Insanity Pinned to Speculators
Feb 28, 2008 5:54 PM CST

Oil Insanity Pinned to Speculators

Observers call current market 'hysteria' — and 'bubble'

(Newser) - Crude-oil prices have doubled in recent months, a development not linked to fundamental supply and demand—but rather, observers tell Der Spiegel, to rampant speculation among investors looking for a stable buck. The prospect of recession would typically drive prices down, but analysts say a decade-old oil investment rush by...

Anchor Cut Persian Gulf Internet Cable

Source unknown; severance raises questions of sabotage

(Newser) - The severed Internet cable in the Persian Gulf was the work of a 5.5-ton ship’s anchor, the AP reports. A crew from the FLAG telecommunications company, which owns the cable, found the anchor near Dubai and hauled it up; how the cut occurred is still unexplained. The incident...

Old Spy Satellite Falling to Earth
Old Spy Satellite Falling to Earth
Jan 26, 2008 8:27 PM CST

Old Spy Satellite Falling to Earth

Inoperative device could hit in late February, March

(Newser) - A dead US spy satellite will likely tumble out of space and hit Earth late next month or early March, the AP reports. Unnamed officials admitted it may contain toxic material but refused to say where it might land or whether it could be shot from the sky. "We...

France Dives Into Gulf With Base
France Dives Into Gulf With Base
Jan 16, 2008 12:37 PM CST

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...

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...

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