Arab Today, arab today iran keeps tensions high over oil strait
Last Updated : GMT 20:17:25
Arab Today, arab today
Arab Today, arab today

Iran keeps tensions high over oil strait

Arab Today, arab today

Arab Today, arab today Iran keeps tensions high over oil strait

Tehran - AFP

Iran on Saturday kept tensions simmering over its threat to close the Strait of Hormuz to oil tankers by readying war game missile tests near the entrance to the Gulf. The United States has warned a closure of the strait \"will not be tolerated\" after Iranian Vice President Reza Rahimi\'s threat this week that \"not a drop of oil\" will pass through the channel if more Western sanctions are imposed over Tehran\'s nuclear programme. Iran has brushed off the warning from the United States, which bases its Fifth Fleet in the Gulf, with Iranian navy chief Admiral Habibollah Sayari saying it would be \"really easy\" to close the strait. A spokesman for the Iranian navy, Commodore Mahmoud Mousavi, told state television on Saturday that, \"in the next days, we will test-fire all kinds of surface-to-sea, sea-to-sea and surface-to-air as well as shoulder-launched missiles\" in the final stages of the war games. He did not say exactly when the launches would start, but explained they would involve tests of \"medium- and long-range missiles\" to evaluate their operational effectiveness. The navy exercises started December 24 and are due to end on Monday. Twenty percent of the world\'s oil moves through the Strait of Hormuz, at the entrance of the Gulf, making it the \"most important chokepoint\" globally, according to information released Friday by the US Energy Information Administration. Around 14 crude oil tankers per day pass through the narrow strait, carrying a total 17 million barrels. In all, 35 percent of all seaborne oil transited through there this year. On Thursday, a US aircraft carrier and an accompanying missile cruiser passed through the zone where the Iranian navy was conducting its drill. US officials insisted it was a routine passage. No confrontation occurred, though an Iranian military aircraft flew in close to record video of the aircraft carrier, which was then shown on state television. Analysts and oil market traders have been watching developments in and around the Strait of Hormuz carefully, fearing that the intensifying war of words between arch foes Tehran and Washington could spark open confrontation. With tensions rising, the United States said it has signed a $29.4-billion deal to supply Iran\'s chief rival in the Middle East, Saudi Arabia, with 84 new fighter jets. The sale was a \"strong message\" to the Gulf region, Washington said. Iran is subject to four rounds of UN sanctions over its nuclear programme, which many Western countries allege is being used to develop atomic weapons. Tehran denies the allegation. The United States and its allies have also imposed unilateral sanctions on Iran\'s economy. The last lot of unilateral sanctions triggered a demonstration in Tehran that led to members of the Basij militia controlled by the Revolutionary Guards ransacking the British embassy. London reacted by closing the mission and ordering Iran\'s embassy in Britain closed. More sanctions are on the way. US President Barack Obama is expected to soon sign into law additional restrictions on Iran\'s central bank, which acts as the main conduit for Iranian oil sales. The European Union is considering other measures that could include an EU embargo on Iranian oil imports, with foreign ministers to meet on the issue in a month\'s time. Iran\'s oil minister, Rostam Qasemi, told the Aseman weekly that sanctions would cause the price of oil to \"increase drastically.\" \"Sanctions on Iran\'s oil will drive up the price of oil to at least 200 dollar\" per barrel, he predicted. As threats and counter-threats pile up, Iran is also reportedly leaving the door open to resuming long-stalled talks on solving the standoff over its nuclear programme. Iran\'s ambassador to Germany, Alireza Sheikh-Attar, told the Mehr news agency on Saturday that \"we will soon send a letter, after which (new) talks will be scheduled.\" Foreign Minister Ali Akbar Salehi was also quoted by a website of the state broadcaster as telling a visiting Chinese foreign ministry official that \"Iran is prepared for the continuation of nuclear negotiations\" on the basis of a Russian proposal.  

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today iran keeps tensions high over oil strait Arab Today, arab today iran keeps tensions high over oil strait

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today iran keeps tensions high over oil strait Arab Today, arab today iran keeps tensions high over oil strait

 



Arab Today, arab today
Arab Today, arab today Designer Aql Faqih aspires to innovation

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation
Arab Today, arab today Malaysia Airlines picks new CEO

GMT 12:54 2017 Saturday ,21 October

Malaysia Airlines picks new CEO
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Residents get glimpse of Raqa in ruins

GMT 07:10 2017 Saturday ,21 October

Residents get glimpse of Raqa in ruins
Arab Today, arab today Hiring not part of Alibaba pledge

GMT 11:26 2017 Wednesday ,18 October

Hiring not part of Alibaba pledge
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today World's deepest lake in peril

GMT 15:54 2017 Friday ,20 October

World's deepest lake in peril
Arab Today, arab today Ex-French minister Dati wants tough action

GMT 10:54 2017 Thursday ,19 October

Ex-French minister Dati wants tough action
Arab Today, arab today Delhi braces for pollution 'airpocalypse'

GMT 16:07 2017 Friday ,20 October

Delhi braces for pollution 'airpocalypse'
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today EU raids automaker BMW

GMT 11:06 2017 Saturday ,21 October

EU raids automaker BMW
Arab Today, arab today Sweden to get biggest car factory

GMT 14:10 2017 Friday ,20 October

Sweden to get biggest car factory
Arab Today, arab today Actress Mona Zaki praises husband’s role

GMT 08:15 2017 Thursday ,19 October

Actress Mona Zaki praises husband’s role
Arab Today, arab today Massacre fears spark race

GMT 19:09 2017 Thursday ,19 October

Massacre fears spark race

GMT 08:57 2017 Wednesday ,18 October

Actress Shery Adel happy for Egypt’s qualification

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam

GMT 16:00 2017 Wednesday ,18 October

Climate-disrupting volcanoes helped topple

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 09:56 2017 Friday ,20 October

Privacy Groups Warn of Perils

GMT 08:04 2017 Thursday ,19 October

Second US judge orders freeze

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 20:46 2017 Thursday ,19 October

Qualcomm files lawsuits in China to ban iPhones

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday