• 3 minutes In a Nutshell...
  • 5 minutes CV19: New York 21% infection rate + 40% Existing T-Cell immunity = 61% = Herd Immunity ?
  • 7 minutes Australian renewables zone attracts 27 GW of solar, wind, battery proposals
  • 9 minutes Why Oil could hit $100
  • 13 hours COVID is real now
  • 1 day Is Biden the poster child for White Privilege ? DNC needs to replace him now before it's too late.
  • 20 hours The Boris Yeltsin of America
  • 16 hours Where is Alberta, Canada headed?
  • 1 day Why Putin is popular in Russia
  • 9 hours Is The Three Gorges Dam on the Brink of Collapse?
  • 11 hours Joe Biden offers advice to correct the public health
  • 16 hours There Has Been No Trump Manufacturing Boom Even Before Covid
  • 1 day Fauci: "USA will soon have 100K new cases per day". Trump re(p)-lies: "The problem has been fixed"

Breaking News:

Oil Climbs On Major Crude Draw

Why The Hydrogen Boom Is Good News For Natural Gas

Why The Hydrogen Boom Is Good News For Natural Gas

The EU’s ambitious hydrogen targets…

Iran Calls On ‘Enemies’ To Leave Gulf Or ‘Face Humiliating Exit’

Hours before the British overseas territory Gibraltar released the Iranian oil tanker detained last month, the commander of the Iranian Navy warned the U.S and the UK to have their forces leave the Persian Gulf “or face a humiliating exit,” re-igniting tensions just as the tanker release was supposed to ease the stand-off.

Several high-profile incidents in recent weeks and months have increased the tension between Iran and the West in the Middle East and in the most important oil shipping corridor in the world, the Strait of Hormuz, which is in close proximity to Iranian coasts.

In one of the latest incidents in the Gulf, Iran seized a British-flagged oil tanker in what appeared to be a retaliatory move after Gibraltar seized the Iranian oil tanker Grace 1—released today—with the help of the UK Royal Marines at the beginning of July. 

The U.S.—whose President Donald Trump said in June that countries that get their crude oil via the shipping routes in the Middle East should protect their own ships along the lanes—is trying to garner broad international support for escorting oil tankers in the Gulf after the recent incidents. So far only the UK has said it would join the U.S. in protecting tankers after the UK-flagged tanker Stena Impero was seized by Iran.   

According to comments reported by Iranian media, the Commander of the Iranian Navy, Rear Admiral Hossein Khanzadi, said on Wednesday that “The US, Britain and the Zionist regime must know that a naval Islamic resistance front is in the making.” 

“Enemies of the region should know that the era of plundering the region’s wealth is over. The looters should thus leave the region as soon as possible, otherwise a humiliating withdrawal awaits them,” said Khanzadi, as carried by Iranian media.

“The era of hypocritical stunts and roaming freely around in the Persian Gulf is over,” the chief of Iran’s Navy forces added.   

By Tsvetana Paraskova for Oilprice.com

More Top Reads from Oilprice.com:



Join the discussion | Back to homepage



Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News