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Oil Prices Spike On Middle East Tensions

Oil Prices Spike On Middle East Tensions

Oil prices jumped upwards on…

Iran Ready For OPEC Oil Deal Extension

Iran Ready For OPEC Oil Deal Extension

Iran is ready to take…

Iran Launches Submarine and Destroyer into Gulf During US Naval Exercises

This week the US, UK, France, and a few Middle Eastern countries are conducting naval exercises in the Gulf of Persia to practice clearing mines that Iran, or other groups may place around the Straits of Hormuz in an attempt to disrupt the movement of oil tankers in the region.

Mohammed Ali Jafari, the commander of the Islamic Revolutionary Guard Corps, said that the “exercise is a defensive exercise and we don't perceive any threats from it. We are not conducting exercises in response.”

Yet this is not the impression that is given.

Just yesterday, according to the official IRNA news agency as reported by Reuters, upon the direct orders of Supreme Leader Ayatollah Ali Khamenei Iran launched a refitted Tareq-901 submarine and a Sahand destroyer into the Gulf from the port of Bandar Abbas.

Related Article: How are the Sanctions Against Iran Progressing?

At the same time, as stated on Khamenei’s official website, the Supreme Leader was visiting the northern coastal city of Nowshahr to observe naval cadets practice planting mines, rescuing hijacked ships, destroying enemy ships, and rapid deployment via helicopters.

Khamenei addressed his troops, saying that “the armed forces must reach capabilities such that no one can attack the strong fence of the country and the dear people of Iran.”

Israeli Prime Minister Benjamin Netanyahu announced on Sunday that Tehran is now very close to building a nuclear bomb, leading some to fear that Israel may take things into their own hands and strike against Iranian nuclear facilities.

By. Charles Kennedy of Oilprice.com



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  • Richard on April 06 2013 said:
    Does anyone really believe Obamanation is going to turn on his Muslim brothers? Do we really believe that the Global Satanist elite are not behind everything that goes on? Mark my words.... Iran will get a nuke because Obama is going to let them. Sanctions never work and I would not blame Israel if they did attack given the fact the Iranians are always calling for their annihilation.

    If North Korea doesn't start WW3 Iran probably will.
  • teebrron on October 25 2012 said:
    look at the map, zoom in, you will clearly see that Iran owns the straight of H where it narrows.

    america is out of line on all their middle east operations, thank you russia and china for the continuous vitos.
  • JohnBoy on October 18 2012 said:
    Today, the Obozo 'administration' is cutting a deal with Iran stopping sanctions, but will allow Iran to continue enriching uranium. How about that TRAITOR!
  • John Dave on October 18 2012 said:
    OBAMA CUTS DEAL WITH IRAN OVER NUKES
    Sanctions to vanish in exchange for 'temporary' halt in enrichment work


    The complete list of faltering or bankrupt green-energy companies:
    1.Evergreen Solar ($24 million)*
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    3.Solyndra ($535 million)*
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    34.Nordic Windpower ($16 million)*
    35.Navistar ($10 million)
    36.Satcon ($3 million)*

    *Denotes companies that have filed for bankruptcy.
  • Joel on October 18 2012 said:
    This will be how they start a war with Iran, the aging USS Enterprise, which is due to be decommissioned in 2013 will be sunk. This will (1.) given an excuse to go to war, and (2.) save millions in having to deal with the clean up of 8 nuclear reactors.

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