End Times and Current Events

General Category => Asia => Topic started by: Psalm 51:17 on December 28, 2011, 08:54:18 am



Title: Iran warns of closing strategic oil route
Post by: Psalm 51:17 on December 28, 2011, 08:54:18 am
http://news.yahoo.com/iran-warns-closing-strategic-oil-route-133134174.html

TEHRAN, Iran (AP) — Iran's navy chief warned Wednesday that his country can easily close the strategic Strait of Hormuz at the mouth of the Persian Gulf, the passageway through which a sixth of the world's oil flows.

It was the second such warning in two days. On Tuesday, Vice President Mohamed Reza Rahimi threatened to close the strait, cutting off oil exports, if the West imposes sanctions on Iran's oil shipments.

"Closing the Strait of Hormuz is very easy for Iranian naval forces," Adm. Habibollah Sayyari told state-run Press TV. "Iran has comprehensive control over the strategic waterway," the navy chief said.

The threats belie Iranian concern that the West is about to impose new sanctions that could target Tehran's vital oil industry and exports.

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Title: Re: Iran warns of closing strategic oil route
Post by: Mark on December 29, 2011, 11:03:08 am
U.S. sends Navy through Straits of Hormuz


The USS John C. Stennis

Congratulations to the Obama Administration, which has moved the aircraft carrier  USS John C. Stennis and its accompanying battle group through the Straits of Hormuz in response to Iranian bluster about closing the important waterway and an Iranian military exercise in the area.

According to this report from Israel’s Yediot Achronot, the Iranian navy has spotted the Stennis inside the area of the maneuver zone.  For all our differences with him, the President is to be thanked for sending a totally unambiguous message to the Iranians: you’ll have to go through the US Navy to close the Straits.

Note to the mullahs: I wouldn’t mess with the U.S. Navy if I were you.  Ask Osama Bin Laden.

Author: Stand for Israel | December 29, 2011

http://blog.standforisrael.org/articles/u-s-sends-navy-through-straits-of-hormuz?sm=Blog&s_src=FB&s_subsrc=NEX1112XXEXXX

Quote
US Sends Aircraft Carrier Through Strait Of Hormuz During Iran Wargames
                   
Government debated provoking war by creating false flag attack at sea
Paul Joseph Watson
Infowars.com
Thursday, December 29, 2011
The US has provocatively sent one of its biggest warships through the Strait of Hormuz amidst Iranian wargames taking place in the region shortly after warning Iran that any closure of the key oil choke point would not be tolerated.

“A US aircraft carrier entered a zone near the Strait of Hormuz being used by the Iranian navy for wargames, an Iranian official said Thursday amid rising tensions over the key oil-transit channel,” reports YNet News.

“US officials announced Wednesday that the ship and its accompanying battle group moved through the Strait of Hormuz, a narrow stretch at the entrance to the Gulf that is the world’s most important choke point for oil shipments.”

The appearance of the warship, named as the USS John C. Stennis, half way through Iran’s 10 day wargame exercise in the region, arrives following a warning that the US would not tolerate Iran closing the Strait of Hormuz, a threat Iran has repeatedly made over the last few weeks.

As we previously reported, aside from the Stennis and its fleet of smaller battleships, the the USS Abraham Lincoln is also on its way to the US 5th fleet, as well as the USS Carl Vinson.

The presence of US warships in the region amidst escalating tensions serves as a reminder that the Bush administration once debated staging a false flag wherein fake Iranian patrol boats would be used to attack a US ship as a means of creating a pretext for war.

In January 2008, the US government announced that it had been “moments” away from opening fire on a group of Iranian patrol boats in the Strait of Hormuz after the boats allegedly broadcast a warning that they were about to attack a US vessel.

The US claimed the Iranian boats had broadcast the message, “I am coming at you. You will explode in a couple of minutes,” and that the order to fire was aborted only at the last minute as the patrol boats pulled back.

Iran later produced a video proving that the patrol boats never displayed any kind of threatening behavior. The New York Times subsequently reported that the alleged tape containing the attack threat had no background ambient noise and did not come from an Iranian ship, but from another unnamed ship in the region.

According to Pulitzer-Prize winning journalist Seymour Hersh, the incident led to a discussion in Vice-President Dick Cheney’s office about how to start a war with Iran by launching a false flag attack at sea.
The January Strait of Hormuz incident taught Cheney and other administration insiders that, “If you get the right incident, the American public will support it”. Hersh said: “There were a dozen ideas proffered about how to trigger a war. The one that interested me the most was why don’t we build, we in ‘our shipyard’, – build four or five boats that look like Iranian PT boats. Put Navy seals on them with a lot of arms. And next time one of our boats goes to the Straits of Hormuz, start a shoot-up. Might cost some lives”.

The plan was rejected because it would have cost American lives, but the potential for a similar scenario to arise in the Strait of Hormuz, whether real or manufactured, remains a very real threat, especially given the amount of US warships that are either already in the region or on their way to the Strait.

A confrontation in the Strait of Hormuz would send oil prices skyrocketing and create global economic instability. Any closure of the Strait would make the current financial crisis look like a walk in the park.

http://www.infowars.com/us-sends-aircraft-carrier-through-strait-of-hormuz-during-iran-wargames/



Title: Re: Iran warns of closing strategic oil route
Post by: Psalm 51:17 on December 30, 2011, 08:46:51 pm
Wed Dec 28, 2011 at 12:59 PM PST.

Maddow: Congress just voted to BAN diplomacy between Iran & USA and no one seemed to notice

Because America would never go to war over oil . . . . right???
 
Iran is threatening to shut down the strait of Hormuz and stop Arabian Peninsula oil from entering the world marketplace if American and European sanctions against Iran over their Nuclear program aren't halted immediately. Just now on MSNBC, Rep. Brad Sherman (D-CA) stated that "A blockade is an act of war". We have something that might sound like WMD's, we have foreign Oil and we have a war profiteer friendly American Congress. What could possibly go wrong?
 
According to Rachel Maddow, a lot could go wrong. Iran faces an economic collapse overnight if the USA/European sanctions take effect. They need to do something to pressure the world to back down, so they are threatening the world oil supply. The world economy goes deeper into the shitter if Iran shuts down the strait of Hormuz and Oil prices fly through the roof, so America and Europe will certainly feel pressure to do something about Iran. And then to top it all off, our idiot Congress just voted 410-11 to take diplomacy off the table with Iran. Yes, the Boehner led House of Representatives is a hammer that thinks every problem in the world looks like a thumb, but then why in their hopefully sane minds did the mass majority of House Democrats side with them? Watch the video here for some educational news and then go below the fold for my own commentary . . .

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Title: Re: Iran warns of closing strategic oil route
Post by: Psalm 51:17 on December 30, 2011, 08:50:39 pm
A-Jad: Gulf Arabs are Western Pawns

Iranian president Mahmoud Ahmadinejad accused his Gulf Arab rivals of being "pawns" and "playing in a US plot
."

 
By Gavriel Queenann

Iranian president Mahmoud Ahmadinejad accused Iran's Saudi-led Persian Gulf allies of being American pawns on Wednesday, the Fars news agency reported.

"The colonialists are friends of no one, they only friends to money, wealth and power. They have deceived their friends and are using a number of Arab states for the sake of others in a bid to achieve their own interests," Ahmadinejad said on Wednesday.

Ahmadinejad singled out Arab states who have sided with the West, saying, "They are wrong if they think that they can buy the mercy of the US and its allies through their oil and money and purchasing (western) arms. They are all pawns and playing in a US plot."

Friendship with the Iranian nation is their only solution, and they should know that the Iranian nation will not retreat against their expansionism," Ahmadinejad said.

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Title: Re: Iran warns of closing strategic oil route
Post by: Psalm 51:17 on December 30, 2011, 08:53:47 pm
Iran to Fire Long-Range Missiles During Naval Drill

Iran announces it will fire long-range missiles during a naval drill in the Gulf on Saturday
.


12/30/11

Iran will fire long-range missiles during a naval drill in the Gulf on Saturday, the semi-official Fars news agency reported on Friday.

“The Iranian navy will test several kinds of its missiles, including its long-range missiles, in the Persian Gulf on Saturday,” Admiral Mahmoud Mousavi, deputy commander of the Iranian navy, told the news agency.

He added, “The firing of missiles is the final part of the navy drill. The final phase of the drill is to prepare the navy for confronting the enemy in war situations.”

Navy commander Rear Admiral Ali Rastegari was quoted as having said “medium-range, short-range missiles and smart torpedoes” would be test-fired.

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Title: Re: Iran warns of closing strategic oil route
Post by: Psalm 51:17 on December 30, 2011, 09:02:24 pm
http://rt.com/news/iran-us-war-military-005/

12/30/11

Imperial overdrive: Red alert over Iran

2011 will be remembered as the year the US, Britain, France and Israel went into Imperial Overdrive in North Africa and the Middle East. Will 2012 be remembered as the year those same Western Allies unleashed World War III?
 
­It is not news anymore to say that the West will soon attack Iran, maybe Syria. They have been threatening to do that for years now, certainly ever since the failed Israeli invasion into Southern Lebanon in mid-2006, when they were routed by Hezbollah.

So what is different today? For starters, general circumstances have changed dramatically in the Region. Genuine popular dissent inside key Muslim countries has been used by the Western Allies to train, fund and arm local criminal and terrorist organizations, dubbed “freedom fighters”, as their proxies.

Country after country has fallen victim to the CIA’s, MI6’s and Mossad’s “dirty tricks departments”, and other Western-style terrorist organizations. Results range from moderate “regime change” in Tunisia and Algeria; via horrendous “violence by our boys” in Egypt, Yemen and Bahrain; all the way to outright military attack, civil war and political assassination. Such as the one in Libya, where Hillary Clinton boisterously laughed when she learned Muammar Gaddafi had been murdered live on TV by “her thugs”.

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Title: Re: Iran warns of closing strategic oil route
Post by: Psalm 51:17 on January 02, 2012, 12:52:42 am
http://news.yahoo.com/iran-test-fire-long-range-missiles-monday-navy-060019372.html

01/02/12

Iran to test-fire long range missiles Monday: Iran navy

TEHRAN (Reuters) - Iran will test-fire two long range missiles on Monday during the last day of naval exercises in the Gulf, a naval commander said, following its threat to halt oil shipments through the Strait of Hormuz.
 
"Today we will test-fire Qader and Nour long range missiles during the drill," deputy navy Commander Mahmoud Mousavi told state TV.
 
Iran has been holding the 10-day naval exercise at a time of increased tension with Western powers over its nuclear program, and Mousavi said on Sunday it had successfully test-fired a medium range surface-to-air missile.
 
Tehran threatened last week to stop the flow of oil through the Strait of Hormuz if it became the target of an oil embargo over its nuclear ambitions. The European Union has said it is considering a ban - already in place in the United States - on imports of Iranian crude.

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Title: Re: Iran warns of closing strategic oil route
Post by: Mark on January 03, 2012, 08:32:55 am
Iran warns US carrier to stay out of Persian Gulf

Iran will take action if a U.S. aircraft carrier which left the area because of Iranian naval exercises returns to the Gulf, the state news agency quoted army chief Ataollah Salehi as saying on Tuesday.

"Iran will not repeat its warning ... the enemy's carrier has been moved to the Sea of Oman because of our drill. I recommend and emphasize to the American carrier not to return to the Persian Gulf," Salehi told IRNA.

"I advise, recommend and warn them (the Americans) over the return of this carrier to the Persian Gulf because we are not in the habit of warning more than once," the semi-official Fars news agency quoted Salehi as saying.

Salehi did not name the aircraft carrier or give details of the action Iran might take if it returned. However, last week a spokeswoman for the U.S. 5th Fleet said the USS John C. Stennis had left the Gulf.

REST: http://worldnews.msnbc.msn.com/_news/2012/01/03/9910670-iran-warns-us-carrier-to-stay-out-of-persian-gulf


Title: Re: Iran warns of closing strategic oil route
Post by: Psalm 51:17 on January 03, 2012, 08:39:21 am
http://news.yahoo.com/iran-threatens-action-u-carrier-returns-irna-082124042.html

01/03/11

Iran threatens U.S. Navy as sanctions hit economy

TEHRAN (Reuters) - Iran threatened Tuesday to take action if the U.S. Navy moves an aircraft carrier into the Gulf, Tehran's most aggressive statement yet after weeks of saber-rattling as new U.S. and EU financial sanctions take a toll on its economy.
 
The prospect of sanctions targeting the oil sector in a serious way for the first time has hit Iran's rial currency, which has fallen by 40 percent against the dollar in the past month.
 
Queues formed at banks and some currency exchange offices shut their doors as Iranians scrambled to buy dollars to protect their savings from the currency's fall.
 
Army chief Ataollah Salehi said the United States had moved an aircraft carrier out of the Gulf from because of Iran's naval exercises, and Iran would take action if the ship returned.

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Title: Re: Iran warns of closing strategic oil route
Post by: Psalm 51:17 on January 03, 2012, 09:39:30 am
NYMEX-Oil climbs more than $1 on Iran worries
2 January 2012, Singapore (Reuters)
http://af.reuters.com/article/energyOilNews/idAFL3E8C20RR20120102?sp=true

U.S. crude oil rose more than a dollar on Tuesday, supported by worries that escalating tensions between Iran and the West could lead to a major disruption in oil supplies.


FUNDAMENTALS

* NYMEX crude for February climbed $1.47 to $100.30 a barrel on the first trading day of the year.

* Prices closed 2011 up 8.2% for the year, averaging around $95 a barrel.

* Brent crude ended the year up 13.3%, averaging a record high $111 a barrel.

* Iran announce a nuclear fuel breakthrough and test-fired a new radar-evading medium-range missile in the Gulf on Sunday, moves that could further antagonise the West at a time when Tehran is trying to avert harsh new sanctions on its oil industry.

The announcement came at the climax of 10 days of naval exercises in the Gulf, during which Tehran has warned it could shut the Strait of Hormuz, through which 40% of world oil is shipped, if sanctions were imposed on its crude exports.

* U.S. President Barack Obama signed a law on Saturday imposing tougher financial sanctions that could for the first time hurt Tehran's oil exports, while the European Union is due to consider similar steps soon.



Title: Re: Iran warns of closing strategic oil route
Post by: Kilika on January 03, 2012, 12:35:17 pm
This is such a joke! Unfounded scare tactics to justify higher oil prices. These price swings are not ANY indication of reality. It's all fear mongering to drive up prices, then they will in turn put out the "all clear" message and the market rallies, so the big investors make money up or down.

How can anybody not see what they are doing to the markets? The law of supply and demand went out the window in the commodity markets a LONG time ago, otherwise a news release would have no affect on prices unless it's news a source has closed, reducing supply, or a new source is found increasing supply. Rumor of a closing isn't grounds for price fluctuations. What we see is pure intentional manipulation.


Title: Re: Iran warns of closing strategic oil route
Post by: Psalm 51:17 on January 04, 2012, 10:32:44 am
http://timesofindia.indiatimes.com/world/us/US-Navy-will-remain-in-Gulf-despite-Irans-warning-Pentagon/articleshow/11356549.cms

1/4/12

US Navy will remain in Gulf despite Iran's warning: Pentagon

WASHINGTON: The Pentagon on Tuesday answered an Iranian warning to keep US aircraft carriers out of the Persian Gulf by declaring that American warships will continue regularly scheduled deployments to the strategic waterway.

George Little, the Pentagon press secretary, said the Navy operates in the Gulf in accordance with international law and to maintain "a constant state of high vigilance" to ensure the flow of sea commerce.

Earlier Tuesday, Iran's army chief warned an American aircraft carrier not to return to the Gulf.

The US Navy has said the aircraft carrier USS John C. Stennis and another vessel left the Gulf through the Strait of Hormuz a week ago. Iran has been holding naval exercises near the Strait at the mouth of the Gulf, which is a critically important passage for international oil supplies.

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Title: Re: Iran warns of closing strategic oil route
Post by: Psalm 51:17 on January 04, 2012, 06:27:21 pm
http://www.zimbabwemetro.com/32126/iran-pushes-for-war-with-u-s-oil-prices-highest-in-7-months/

1/4/12

Iran pushes for war with U.S, oil prices highest in 7 months

Gold prices rose more than 2 percent to be back above $1,600/ounce while oil prices jumped nearly 4 percent to $102/barrel after Iran’s threat of war against the US Navy in Persian Gulf. As Iran is a far more powerful and bigger nation than Libya, Iraq and Afghanistan combined; the world fears a major war coming in 2012.
 
Tehran — Iran has threatened on Tuesday to strike the U.S. Navy aircraft carrier in the Persian Gulf, Tehran’s most aggressive statement yet after weeks of saber rattling as the new U.S. and EU financial sanctions begin take a toll on its economy.

The Iranian currency Rial have collapsed and lost 60% of its value in 3 months, driving instability in Iranian society and wreaking havoc on its commerce. Long queues have formed across Iran at banks and some currency exchange offices shut their doors as Iranians scrambled to buy US dollars to protect their savings from the currency’s fall.
 
France, Britain and Germany have proposed and pushed for embargo to punish Iran’s lack of cooperation on its nuclear program before the end of January. Analysts said should the Europeans succeed in getting through the legislation; Iran’s currency may experience total collapse.

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Title: Re: Iran warns of closing strategic oil route
Post by: Psalm 51:17 on January 04, 2012, 06:28:41 pm
http://www.presstv.ir/detail/219268.html

1/4/12

China rejects US-led sanctions on Iran

China has voiced strong opposition to the US-led push for unilateral sanctions against Iran over its nuclear program, reiterating that Tehran's nuclear issue must be resolved diplomatically.
 

"China has consistently believed that sanctions are not the correct way to ease tensions or resolve the issue of Iran's nuclear program," Chinese Foreign Ministry spokesman Hong Lei said at a news briefing in Beijing on Wednesday.
 
"The correct path is dialogue and negotiations. China opposes putting domestic law above international law to impose unilateral sanctions on another country," he said.
 
Hong also defended China's oil and trade ties with Iran and criticized the Western sanctions that could frustrate such relations.
 
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Title: Re: Iran warns of closing strategic oil route
Post by: Psalm 51:17 on January 04, 2012, 06:32:25 pm
http://www.presstv.ir/detail/219297.html

1/4/12

S. Korea disregards US oil sanctions

South Korea has announced that it will buy around 10 percent of its needed crude from Iran in 2012, which will be slightly higher than last year.
 

Seoul's demand for more Iranian oil follows the approval of a new act by the US Senate for imposing tougher sanctions on Iran's financial and energy sectors.
 
Ignoring the sanctions, South Korea, which is the world's fifth largest oil importer, is planning to buy 200,000 barrels per day (bpd) of Iranian crude this year, a little more than the 190,000 bpd in 2011.
 
According to Reuters, South Korean authorities are going to meet with US officials to lobby for an exemption to US sanctions which will enable the country to buy and pay for Iran's oil.

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Title: Re: Iran warns of closing strategic oil route
Post by: Psalm 51:17 on January 05, 2012, 12:18:49 pm
http://finance.yahoo.com/news/oil-price-skyrocket-iran-closed-142205272.html

1/5/12

Oil Price Would Skyrocket if Iran Closed the Strait of Hormuz

HOUSTON — If Iran were to follow through with its threat to blockade the Strait of Hormuz, a vital transit route for almost one-fifth of the oil traded globally, the impact would be immediate: Energy analysts say the price of oil would start to soar and could rise 50 percent or more within days.
 
An Iranian blockade by means of mining, airstrikes or sabotage is logistically well within Tehran’s military capabilities. But despite rising tensions with the West, including a tentative ban on European imports of Iranian oil announced Wednesday, Iran is unlikely to take such hostile action, according to most Middle East political experts.

United States officials say the Navy’s Fifth Fleet, based in nearby Bahrain, stands ready to defend the shipping route and, if necessary, retaliate militarily against Iran.

Iran’s own shaky economy relies on exporting at least two million barrels of oil a day through the strait, which is the only sea route from the Persian Gulf and “the world’s most important oil choke point,” according to Energy Department analysts.

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Title: Re: Iran warns of closing strategic oil route
Post by: Kilika on January 05, 2012, 12:42:37 pm
They won't do it, because there is no way they have the ability to do it. A single aircraft carrier has enough fire power alone to take out anything Iran has in the water or in the air. And the US has 2 carrier groups headed there now to replace those who left the region recently.

Iranian "naval vessels", and I say that loosely, would be at the bottom of the gulf in no time. It's all classic Mid East sabre rattling.


Title: Re: Iran warns of closing strategic oil route
Post by: Psalm 51:17 on January 05, 2012, 09:56:35 pm
Screws tighten on Iran as big buyers shun its oil

http://news.yahoo.com/screws-tighten-iran-big-buyers-shun-oil-015919154.html

1/5/12

TEHRAN (Reuters) - Iran faced the prospect of cutbacks in its oil sales to China and Japan as new measures to block Tehran's crude exports over its nuclear program appeared to be driving its economy to the wall.
 
The developments in Asia on Thursday followed news 24 hours earlier that EU leaders had agreed to halt European purchases of Iranian crude.
 
China, Iran's biggest trade partner, had already cut its purchases of Iranian oil by more than half this month and would extend the cuts to February, a Beijing-based trader who deals with Iranian oil said.
 
Japan would consider cutbacks in its Iranian oil purchases to secure a waiver from new U.S. sanctions signed into law on New Year's Eve by President Barack Obama, a government source said.

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Title: Re: Iran warns of closing strategic oil route
Post by: Psalm 51:17 on January 19, 2012, 05:49:40 pm
http://news.yahoo.com/eu-nations-agree-sanctions-against-iran-central-bank-191403078.html

1/19/12

EU to sanction Iran bank, Greece holds up oil embargo
By Claire Rosemberg | AFP – 3 hrs ago.

EU nations Thursday agreed to sanction Iran's central bank, freezing assets used to finance its nuclear drive, but have yet to clinch an oil embargo deal that could penalise debt-hit Greece.
 
"The text was considered closed and agreed," a diplomatic source said of the proposed financial sanctions, following talks between senior diplomats from the 27 European Union nations.
 
Diplomats have held lengthy meetings through the week in Brussels to agree an oil and financial embargo against Tehran that is to be formally adopted at talks between EU foreign ministers on Monday.
 
But Greek concerns held up a final deal on the oil embargo.
 
The freeze on assets held by Tehran's central bank will be partial, "enabling legitimate trade to go ahead", and ensure there are no obstacles to continued payment of outstanding Iranian debts to Europe, an EU diplomat said.

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Title: Re: Iran warns of closing strategic oil route
Post by: Psalm 51:17 on January 23, 2012, 08:19:10 pm
Iran steps up threats to close Strait of Hormuz after EU imposes oil embargo

1/23/12
http://www.haaretz.com/news/middle-east/iran-steps-up-threats-to-close-strait-of-hormuz-after-eu-imposes-oil-embargo-1.408831

Warning comes as EU nations agree in Brussels on sanctions over the country's controversial nuclear program; Netanyahu says embargo is 'step in the right direction.'


Two Iranian lawmakers on Monday stepped up threats their country would close the strategic Strait of Hormuz, through which a fifth of the world's crude flows, in retaliation for oil sanctions on Tehran.

The warnings came as EU nations agreed in Brussels on an oil embargo against Iran as part of sanctions over the country's controversial nuclear program. The measure includes an immediate embargo on new contracts for Iranian crude and petroleum products while existing ones will be allowed to run until July.

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Title: Re: Iran warns of closing strategic oil route
Post by: Mark on January 23, 2012, 08:26:17 pm
I really dont see anything ever happening here.


Title: Re: Iran warns of closing strategic oil route
Post by: Psalm 51:17 on January 23, 2012, 08:27:19 pm
I really dont see anything ever happening here.

Here as in here in the USA, or there by Iran?

Sorry, confused a bit here.


Title: Re: Iran warns of closing strategic oil route
Post by: Mark on January 23, 2012, 08:28:40 pm
Here as in here in the USA, or there by Iran?

Sorry, confused a bit here.

here as in the Strait of Hormuz.


Title: Re: Iran warns of closing strategic oil route
Post by: Psalm 51:17 on January 23, 2012, 08:29:25 pm
Here as in here in the USA, or there by Iran?

Sorry, confused a bit here.

That's what I thought you meant, just want to clarify et al. Thanks!


Title: Re: Iran warns of closing strategic oil route
Post by: Psalm 51:17 on January 23, 2012, 08:31:08 pm
While I agree that all of this is nothing but talk and threat...all of this could lead up to more tensions raising into it all starting "by accident". JMHO

http://theextinctionprotocol.wordpress.com/2012/01/23/iran-to-definitely-make-an-attempt-to-close-the-strait-of-hormuz-say-reports/

Iran to definitely make an attempt to close the Strait of Hormuz say reports

January 23, 2012 – MIDDLE EAST – Tensions in the Gulf could reach a breaking point as a senior Iranian official said Iran would “definitely” close the Strait of Hormuz if an EU oil embargo disrupted the export of crude oil. Mohammad Kossari, deputy head of parliament’s foreign affairs and national security committee, issued the warning in respone to a decision by the European Union on Monday  to impose an oil embargo on Iran over the country’s alleged nuclear weapons program. “The pressure of sanctions is designed to try and make sure that Iran takes seriously our request to come to the table,” EU foreign policy chief Catherine Ashton said. However, with Washington’s decision to deploy a second carrier strike group in the Gulf, the EU’s attempt to pressure Iran economically could greatly increase the likelihood of all-out war in the region. The Strait of Hormuz is the vital link between the Persian Gulf and the Gulf of Oman. It is also one of the most strategic chokepoints in the world when it comes to oil transit. With world oil output estimated at some 88 million barrels per day in 2011, the U.S. Energy Information Administration estimated that some 17 million of those barrels passed through the Strait. If economic sanctions sufficiently pressure Iran to retaliate by closing down the Strait, nearly 20 per cent of worldwide oil trade would be impacted, resulting in a massive spike in global energy costs. With over half a million regular forces and an additional 120,000 personnel in the country’s elite Revolutionary Guard,  analysts believe the consequences of a U.S.-led war against Iran would dwarf recent Western-backed military incursions the Middle East. Thus far, the U.S. decision to maintain two carrier strike groups in the region has been described as “a routine activity” by Iran. But the vast U.S. military buildup in the region, which was bolstered when the Pentagon dispatched an additional 15,000 troops to the neighboring nation of Kuwait, was only the latest step in an obvious attempt by Washington to strengthen its military capabilities in the region. –RT News


Title: Re: Iran warns of closing strategic oil route
Post by: Mark on January 23, 2012, 08:37:33 pm
The only way they could close the Straight would be to sink the US Carrier Fleet there. That would be suicide.


Title: Re: Iran warns of closing strategic oil route
Post by: Psalm 51:17 on January 23, 2012, 08:40:21 pm
The only way they could close the Straight would be to sink the US Carrier Fleet there. That would be suicide.

This is making more sense - thanks!


Title: Re: Iran warns of closing strategic oil route
Post by: Kilika on January 24, 2012, 12:59:11 am
Yeah, the USS Lincoln just pulled into the Straights apparently. Let's see Iran take on a nuclear aircraft carrier group! And when they are done with that one, they can deal with the 10 other carrier groups the US has. Did I mention we got an air force with a couple planes too?

It's all just a dog and pony show. And the plus they get out of it is oil sold at higher prices.


Title: Re: Iran warns of closing strategic oil route
Post by: Psalm 51:17 on January 24, 2012, 09:15:56 am
Yeah, the USS Lincoln just pulled into the Straights apparently. Let's see Iran take on a nuclear aircraft carrier group! And when they are done with that one, they can deal with the 10 other carrier groups the US has. Did I mention we got an air force with a couple planes too?

It's all just a dog and pony show. And the plus they get out of it is oil sold at higher prices.

Exactly! This is all a ploy to slowly but surely cripple the world economy, and to lead it into a you-know-what.

With all the false flag rumors we hear daily, less not forget the real agendas by TPTB to crash the world economy(which PPF seems to overlook alot).


Title: Re: Iran warns of closing strategic oil route
Post by: Psalm 51:17 on January 24, 2012, 10:12:40 pm
Yeah, the USS Lincoln just pulled into the Straights apparently. Let's see Iran take on a nuclear aircraft carrier group! And when they are done with that one, they can deal with the 10 other carrier groups the US has. Did I mention we got an air force with a couple planes too?

It's all just a dog and pony show. And the plus they get out of it is oil sold at higher prices.

Related...

U.S. gasoline use up 1.3% in latest week
24 January 2012, by David Bird - New York (MarketWatch)
http://www.marketwatch.com/story/us-gasoline-use-up-13-in-latest-week-2012-01-24

--Year-on-year demand down for 21st straight week

--Four-week demand hasn't topped year-ago level since mid-March 2011

--Retail gasoline price holds at two-month high of $3.39/gal

U.S. weekly gasoline demand rose 1.3% from a week earlier to 8.477 million barrels a day in the week ended Jan. 20, according to a SpendingPulse report released Tuesday by MasterCard Advisors LLC, a division of MasterCard Inc..

But demand dropped by 5.2%, or 463,000 barrels a day, from a year ago.

That is the biggest year-on-year fall in weekly demand since July 24, 2009.

Gasoline demand has lagged the year-ago level for 21 straight weeks.

Four-week demand fell 3.9% from a year earlier to an average of 8.263 million barrels a day, the lowest four-week level on records in SpendingPulse data starting in July 2004.

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Title: Re: Iran warns of closing strategic oil route
Post by: Psalm 51:17 on January 25, 2012, 09:20:50 pm
It's all just a dog and pony show. And the plus they get out of it is oil sold at higher prices.

Again, related...

US Airways profit falls 36% on fuel costs
25 January 2012, by Mia Lamar (MarketWatch)
http://www.marketwatch.com/story/us-airways-profit-falls-36-on-fuel-costs-2012-01-25

US Airways Group Inc.'s fourth-quarter earnings dropped 36% as the airline struggled under a sizable jump in fuel costs that masked stronger revenue.

Shares were up 4.8% to $6.72 in premarket trade as core earnings far exceeded analyst estimates.

US Airways, long one of the most confident carriers in the industry on the strength of domestic demand, had expected another solid quarter for air travel.

Still, fuel costs remained a nagging concern for the mostly-domestic operator, which reported its consolidated fuel expense jumped $232 million from a year earlier.

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Title: UK ready to send more warships into Gulf in ‘clear signal’ to Tehran
Post by: Psalm 51:17 on January 25, 2012, 09:48:53 pm
http://theextinctionprotocol.wordpress.com/2012/01/25/uk-ready-to-send-more-warships-into-gulf-in-clear-signal-to-tehran/

January 25, 2012 – MIDDLE EAST – Philip Hammond said contingency plans were in place to send extra warships, aircraft and troops to the region if it became necessary. He said the decision to send a flotilla led by the American aircraft carrier USS Abraham Lincoln through the Strait of Hormuz – which Iran had threatened to block – sent “a clear signal about the resolve of the international community to defend the right of free passage through international waters.” A British frigate, HMS Argyll, and a French warship were part of the convoy, which sailed within a few miles of the Iranian coast. The UK has about 1,500 naval personnel in the Indian Ocean serving on four minesweepers, two frigates, three support ships, a survey vessel and a hunter-killer submarine. A Response Force Task Group of Royal Marines, helicopters and naval vessels set up last year could also be deployed at short notice. HMS Daring, a destroyer with specialist air-defense capabilities, is already sailing toward Suez on a six-month mission against piracy and drug smuggling and could be diverted in an emergency. HMS Westminster, a frigate used during the Libya campaign last summer, left Portsmouth in southern England on Monday and could reach Hormuz within a week. The French frigate, La Motte Picquet, which took part in the Hormuz exercise, had departed and there were no plans for further forces to be sent, a spokesman at the Defense Ministry in Paris, Colonel Thierry Burkhard, said yesterday. But he stressed that an infantry battalion of about 650 troops and six Rafale fighter-bombers based in the United Arab Emirates would be available if hostilities break out. The U.S. has augmented its 5th Fleet at Manama Bay in Bahrain with a second aircraft-carrier, USS Carl Vinson, joining USS Abraham Lincoln. The Pentagon said the enhanced presence would continue and is considered to be adequate for whatever mission is required. “Elements within the European Union, by pursuing the policies of the U.S. and adopting a hostile approach, are seeking to create tensions with the Islamic Republic of Iran,” Ali Asghar Khaji, a senior Foreign Ministry official, said. “The behavior of the EU is irrational and will not stop the Islamic Republic of Iran from defending its national interest.” –Independent


Title: Re: Iran warns of closing strategic oil route
Post by: Mark on January 26, 2012, 05:40:46 am
Iran threatens to act first on EU embargo...
http://www.ft.com/cms/s/0/a3c736b0-4788-11e1-b646-00144feabdc0.html

Tehran could block oil exports...
http://www.ft.com/cms/s/0/a3c736b0-4788-11e1-b646-00144feabdc0.html

Iran-China trade soars...
http://www.breitbart.com/article.php?id=CNG.0fba0ae87a709d1765a1374d04dc31be.11&show_article=1


Title: Re: Iran warns of closing strategic oil route
Post by: Christian40 on February 02, 2012, 03:11:23 am
http://www.youtube.com/watch?v=Ufdw21ltc-8&feature=player_embedded

USS Enterprise false flag!


Title: Price of gas up nearly 12 cents in last 3 weeks
Post by: Psalm 51:17 on February 12, 2012, 07:23:52 pm
The average price for a gallon of gasoline in the United States rose nearly 12 cents in the past three weeks to about $3.51, due in part to higher prices for North Sea crude oil, according to the nationwide Lundberg Survey.

The national average for a gallon of regular gasoline rose 11.57 cents to $3.5101 as of February 10, the survey of about 2,500 gasoline stations in the continental United States found.
 
That was a greater change than the 3.5-cent rise in the previous survey, which covered the two weeks that ended January 20.
 
Survey editor Trilby Lundberg told Reuters that the higher prices came as the price for North Sea Brent crude rose more than $7 per barrel. Brent prices are more volatile and sensitive to changes in the Middle East than is U.S. crude.

more:
http://www.msnbc.msn.com/id/46360396/ns/business-oil_and_energy/


Title: Iran cuts off oil exports to 6 EU nations
Post by: Psalm 51:17 on February 15, 2012, 12:09:16 pm
http://theextinctionprotocol.wordpress.com/2012/02/15/iran-cuts-off-oil-exports-to-6-eu-nations/

February 15, 2012 – TEHRAN — Iran’s Oil Ministry denied state media reports on the Islamic state stopping its crude exports to six European countries on Wednesday. “We deny this report … If such a decision is made, it will be announced by Iran’s Supreme National Security Council,” a spokesman for the ministry told Reuters. Iran’s English language Press TV had earlier said Tehran has stopped exporting oil to France, Portugal, Italy, Greece, Netherlands and Spain. Iran also announced it was making its own nuclear-fuel rods to power its reactors. The news means Iran’s nuclear program is more independent and self-contained than many western observers realized and that Iran’s nuclear program is here to stay. –National Post


Title: Gas prices are highest ever for this time of year
Post by: Psalm 51:17 on February 18, 2012, 11:12:14 pm
2/18/12

http://finance.yahoo.com/news/gas-prices-highest-ever-time-150314246.html

NEW YORK (AP) — Gasoline prices have never been higher this time of the year.

At $3.53 a gallon, prices are already up 25 cents since Jan. 1. And experts say they could reach a record $4.25 a gallon by late April.

"You're going to see a lot more staycations this year," says Michael Lynch, president of Strategic Energy & Economic Research. "When the price gets anywhere near $4, you really see people react."

Already, W. Howard Coudle, a retired machinist from Crestwood, Mo., has seen his monthly gasoline bill rise to $80 from about $60 in December. The closest service station is selling regular for $3.39 per gallon, the highest he's ever seen.

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Title: Oil jumps to 9-month high after Iran cuts supply
Post by: Psalm 51:17 on February 20, 2012, 11:39:37 am
http://finance.yahoo.com/news/oil-jumps-9-month-high-044713139.html

2/20/12

Oil jumps to 9-month high above $105 in Europe as Iran cuts supply to Britain, France

Oil prices jumped to a nine-month high above $105 a barrel on Monday after Iran said it halted crude exports to Britain and France in an escalation of a dispute over the Middle Eastern country's nuclear program.

By early afternoon in Europe, benchmark March crude was up $1.91 to $105.15 per barrel in electronic trading on the New York Mercantile Exchange. Earlier in the day, it rose to $105.21, the highest since May. The contract rose 93 cents to settle at $103.24 per barrel in New York on Friday.

Markets in the United States are closed Monday for the Presidents Day holiday.

Iran's oil ministry said Sunday it stopped crude shipments to British and French companies in an apparent pre-emptive blow against the European Union after the bloc imposed sanctions on Iran's crucial fuel exports. They include a freeze of the country's central bank assets and an oil embargo set to begin in July.

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Title: Price Shock: Watch Cost of Gas Jump 10 Cents During ABC's 'World News' Broadcast
Post by: Psalm 51:17 on February 22, 2012, 09:14:12 pm
2/22/12

http://news.yahoo.com/price-shock-watch-cost-gas-jump-10-cents-014014447--abc-news.html

The headlines of major newspapers and TV networks this week have been dominated by rising gas prices. 
 
Drivers across the country have shared their stories on the cost - with many already paying more than $4 a gallon at the pump.  There have even been reports of gas prices rising at a rate of 10 to 15 cents in a matter of hours.     
 
Read:  How high will gas prices go?
 
The swiftness at which those gas prices continue to climb was crystal clear Wednesday night during the broadcast of ABC News' "World News with Diane Sawyer."
 
As ABC News' Cecilia Vega introduced her piece on high gas prices, the sign at the downtown Los Angeles gas station behind her showed the price of regular gas at $4.99 a gallon. However when the piece concluded nearly two minutes later the price of regular gas had jumped 10 cents to $5.09 a gallon
 
BEFORE:
 
AFTER:

Even Vega seemed truly surprised to see such a drastic change in such a short period of time, telling Sawyer that "it is almost too unbelievable to believe."
 
"It went up 10 cents?" asked Sawyer, herself shocked at what just had occurred.
 
"Ten cents during that two minutes while we were on the air," confirmed Vega.


Title: Geithner says Iran’s ‘saber-rattling’ is behind spike in gas prices
Post by: Psalm 51:17 on February 24, 2012, 04:46:46 pm
http://news.yahoo.com/blogs/ticket/geithner-says-iran-saber-rattling-behind-spike-gas-190350468.html

2/24/12

Iran's "saber-rattling" is helping to drive up prices at the gas pump, according to Treasury Secretary Tim Geithner.
 
"Iran's doing some saber rattling, and that's causing a little uncertainty," Geithner told CNBC's Steve Leisman Friday. He added that economic growth in the United States and other countries is also having an impact on global oil prices, by increasing confidence.
 
Geithner also warned that Iran's pursuit of a nuclear weapon could have major global economic consequences.
 
"If Iran is successful in its nuclear ambitions, the world and oil markets and the global economy and the stability in the region would be in jeopardy," he said.

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Title: Iran stops oil flow to Greece - report
Post by: Psalm 51:17 on February 26, 2012, 08:49:15 am
Iran stops oil flow to Greece - report
26 February 2012, (RT)
http://rt.com/news/iran-oil-ban-greece-247/

Excerpt:

Iran has denied shipment of crude oil to Greece, following similar moves against Britain and France.

The moves are pre-emptive to a set of sanctions imposed by the EU, which forbids buying oil from Iran after several months of grace period.

The first oil tanker denied loading of the expected 500,000 barrels of oil in Iran has returned home, a Fars news agency report says.

The shipment was meant for Hellenic Petroleum refinery. No official comment on the failed delivery was available immediately.

Western powers have been putting pressure on Iran by crippling its oil export since December, when a ban on Iranian oil was issued by the US.

The EU, which unlike the US buys considerable amount of crude from Iran, joined the sanctions in late January.

But it allowed import to continue for six months to allow European refineries find new supply routes and possibly to adjust to different brands of crude.

Tehran however pulled the rug from under European’s feet by banning export to some EU countries ahead of the scheduled cut.

On February 19, it officially denied export to Britain and France, the two key sponsors of the EU sanctions.

On Monday, Iranian Oil Minister Rostam Qassemi warned that other European countries may be sanctioned by Tehran in a similar way, "if the hostile acts… continue”.

Back then the news sent oil prices to a nine-month high.

Greece opposed the EU move, because switching to other source of crude would cost its already debt-ridden economy dearly.

However eventually it agreed to the ban along with other EU members.


Title: As Pentagon Sends Reinforcements To Straits Of Hormuz, Iraq Redux Looms
Post by: Psalm 51:17 on February 26, 2012, 02:50:56 pm
2/25/12

Hellenic acknowledged earlier this week that it was buying oil from Iran and paying for the shipments later, terms known in industry jargon as open credit terms.

Part of the reason for swapping crude oil for products is that Hellenic is unable to obtain letters of credit from banks because of lingering default fears.

“They have liabilities and banks could come in and demand payment,” said a London-based trading head who decided not to enter talks with Hellenic, saying it was too risky for his firm.

Hellenic said that replacing Iranian oil would be “easy” with supplies from Saudi Arabia, Iraq and Russia.

However traders expect the terms offered by alternative oil suppliers to be far less generous,

as many are still unable to enter into agreements with Greece because of the risk associated with the country’s debt.

But “If something were to happen, it would be unlikely before summer,” one source said
.



Bottoms-UP-Line:

In other words, war or no war, Greece better pray that Europe at least pretend to fund the second bailout agreed upon on July 21, 2011, as otherwise, the country will be out of crude by the summer.

Of course, if there is no bailout, the country will also be broke by then too, with rioting and bank runs a daily occurrence.

FROM: As Pentagon Sends Reinforcements To Straits Of Hormuz, Iraq Redux Looms http://www.zerohedge.com/news/pentagon-sends-reinforcements-straits-hormuz-iraq-redux-looms


Title: Cost of gas rises 18 cents in the past 2 weeks
Post by: Psalm 51:17 on February 26, 2012, 08:32:51 pm
Cost of gas rises 18 cents in the past 2 weeks

Though supplies remain plentiful, Mideast worries affecting market, analyst says


The average U.S. price of gasoline jumped 18 cents a gallon in the past two weeks due to rising costs of crude oil and related concerns about tensions in the Middle East, although supplies of fuel remained plentiful in most of the country, according to the nationwide Lundberg Survey.

The national average cost for a gallon of regular gasoline rose to $3.69 on February 24, according to the nationwide survey of gasoline stations in the continental United States.
 
The sting to drivers' pocketbooks follows a rise of almost 12 cents per gallon seen in the previous survey, which covered the two weeks that ended February 10.
 
"Fears about a possible hit to oil supplies from the Middle East are causing turmoil and confusion," survey editor Trilby Lundberg said in an interview.

more
http://www.msnbc.msn.com/id/46534463/ns/business-oil_and_energy/


Title: Gas prices up another 12 cents in past two weeks
Post by: Psalm 51:17 on March 11, 2012, 05:34:27 pm
http://economywatch.msnbc.msn.com/_news/2012/03/11/10643351-gas-prices-up-another-12-cents-in-past-two-weeks

3/11/12

Gas prices rose by an average 12.31 cents a gallon nationwide over the past two weeks, reflecting higher crude oil prices, but the rate of increase is slowing, according to a survey.

The national average for a gallon of regular gasoline rose to $3.8148 as of March 9, according to the Lundberg Survey of gasoline retailers in the continental United States.

Drivers in Denver saw the lowest pump price at $3.36 per gallon, compared with $4.35 in Los Angeles,  the nation's highest.

The national average price jumped 18.6 cents in the previous survey.

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Title: Iran Power Declining in Oil Market as Explorers Spend $90 Billion: Energy
Post by: Psalm 51:17 on March 13, 2012, 09:23:07 am
Iran Power Declining in Oil Market as Explorers Spend $90 Billion: Energy
13 March 2012, by Ayesha Daya, Brian Swint and Rakteem Katakey (Bloomberg)
http://www.bloomberg.com/news/2012-03-13/iran-power-declining-in-oil-market-as-explorers-spend-90-billion-energy.html

Excerpt:

The Iran-driven run in oil prices to the highest since 2008 masks the Middle East producer’s diminishing importance to global oil supplies as record spending on drilling unearths reserves from Argentina to Angola.

New fields will ease pressure on prices, according to the Centre for Global Energy Studies. Futures show investors expect benchmark Brent crude to drop to less than $100 a barrel in 2015 from $125 today.

Global exploration spending, led by Exxon Mobil Corp. and Royal Dutch Shell, will jump 20% this year to at least $90 billion, Barclays Plc research shows.

Offshore drilling may unlock about 25 billion barrels of oil this year, more than four times Norway’s remaining reserves, according to Morgan Stanley.

In addition, there are so-called unconventional fields in the U.S., where oil production from North Dakota’s shale rose 75% last year, and Argentina, home to a field found by Repsol that may hold about 23 billion barrels.

“The price of oil has to come down because supply prospects are so positive,” said Manouchehr Takin, an analyst at the Centre for Global Energy Studies.

“The rate of demand isn’t going to grow as in the past as we use resources more efficiently.”

The International Energy Forum, consisting of a group of nations that account for more than 90% of global oil and gas supply and demand, gathers today in Kuwait as pressure builds on Iran from U.S., the European Union and Israel to end its nuclear research program.

The forum was founded in 1991 to discuss international energy security.