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Iran to test-fire missles in the Strait of Hormuz on Saturday
Tehran said it will test-fire missiles in the Strait of Hormuz on Saturday, a move likely to stoke tensions with Washington already running high over Iran’s threats to close the strategic oil waterway if sanctions are enforced. “Shorter- and longer-range, ground-to-sea, surface-to-surface and surface-to-air missiles will be tested on Saturday,”…
U.S. sends ‘strong message’ with Saudi fighter deal
HONOLULU, Hawaii — The United States announced Thursday the signing of a $30 billion arms deal to provide Saudi Arabia with 84 new fighter jets, a move it said sent a “strong message” to the Gulf region. The announcement came with tensions between Iran and the United States on the…
U.S. warships cross Hormuz despite Iran threats
Two American warships have crossed through the Strait of Hormuz without incident despite Iranian threats to close the strategic oil route, the US Navy said Thursday. The aircraft carrier USS John C. Stennis and the guided-missile cruiser USS Mobile Bay “conducted a pre-planned, routine transit through the Strait of Hormuz”…
Rockets hit Iran dissident camp in Iraq: officials
BAQUBA, Iraq — Multiple rockets over the past 24 hours hit a camp in Iraq housing Iranian exiles, officials and the group based there said on Wednesday, after Iraq and the UN signed a pact to resettle residents. The latest strikes, the third in four days, occurred at about 8:15…
Oil plunges on strong dollar, profit taking
World oil prices sank in volatile year-end deals on Wednesday, as traders took profits and eyed the strong dollar, new concerns over the eurozone debt crisis and fresh equity falls on Wall Street. New York’s main contract, light sweet crude for February delivery, known as West Texas Intermediate (WTI), sank $1.98 to $99.36 a barrel. Brent North…
U.S. warns Iran not to block Strait of Hormuz
The United States warned Iran on Wednesday against any attempt to disrupt shipping in the Strait of Hormuz, after Tehran issued threats over the vital oil route. “Interference with the transit… of vessels through the Strait of Hormuz will not be tolerated,” said Pentagon press secretary George Little. Iran’s Vice President Mohammad Reza Rahimi has…
Iran signs fuel deal with Afghanistan: media
Iran has signed a deal with Afghanistan to supply its neighbour with a million tons of fuel oil, petrol and aviation fuel a year, Iranian media reported without putting a value on the agreement. The accord was signed Monday by the Afghan trade and industry minister, Anwar Ul-Haq Ahady, and Iran’s deputy oil minister, Alireza Zeyghami. Two-thirds…
Iran ready for IAEA visit ‘as soon as possible’: envoy
Tehran’s envoy to the UN atomic agency said Thursday he would meet the watchdog’s chief nuclear inspector in Vienna in the first week of January to arrange a visit to Iran as soon as possible. “As soon as the holidays are over we will sit down with Mr (Herman) Nackaerts and arrange…
U.S. posts $10 million bounty on al Qaeda financier
The United States on Thursday offered a $10 million reward for information leading to the arrest of a key Al-Qaeda fundraiser, who is said to be a Syrian operating from Iran. The reward for Ezedin Abdel Aziz Khalil marks the first time that a “terrorist financier” has been targeted in…
Pentagon plays down remarks by Panetta on Iran
The Pentagon on Tuesday sought to play down remarks by Defense Secretary Leon Panetta who has suggested Iran’s nuclear program could be on a faster track than previously suspected. In an interview with CBS News, Panetta said Iran could have anuclear weapon in a year or possibly sooner and that the timeline might be…
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