Archive

Posts Tagged ‘Strait of Hormuz’

Cash-strapped US military to cut Persian Gulf fleet

February 7, 2013 Comments off

timesofisrael.com

The aircraft carrier USS Harry S Truman sits in the Persian Gulf on Feb. 8, 2005.(photo credit: Rome J Toledo, US Navy/Department of Defense)

The aircraft carrier USS Harry S Truman sits in the Persian Gulf on Feb. 8, 2005.(photo credit: Rome J Toledo, US Navy/Department of Defense)
ASHINGTON (AP) — The US is cutting its aircraft carrier presence in the Persian Gulf region from two carriers to one, the Defense Department said Wednesday, in a move that represents one of the most significant effects of budget cuts on the U.S. military presence overseas.

The decision comes as Washington struggles to find a way to avoid across-the-board automatic spending cuts set to strike the Pentagon and domestic programs next month.

Defense Secretary Leon Panetta has approved keeping just one carrier in the Persian Gulf region. The US has maintained two aircraft carrier groups in the Gulf for most of the last two years.

Panetta has been leading a campaign to replace the automatic cuts he warns would “hollow out” the military, and the Pentagon has been providing greater details on the cuts it would have to make if Congress fails to both replace them and agree on a 2013 defense budget bill. The carrier decision is one of the most significant announcements made thus far.

Plans for the USS Harry S Truman to deploy to the Gulf later this week have been Read more…

US Nuclear Submarine And Destroyer Enter Red Sea, Near Persian Gulf

January 31, 2012 Comments off

eurasiareview.com

USS Annapolis U.S. Navy photo by Paul Farley

Two ships of the US Navy, the nuclear submarine USS Annapolis and the destroyer USS Momsen have passed through the Suez Canal into the Red Sea. Although their destination is confidential, they are now getting dangerously close to the Persian Gulf.

­The ships’ passage was a major operation for the Suez administration as due to safety reasons they had to close off the canal to all other traffic and even shut down the bridge, disrupting the link between the banks for some four hours. The traffic on the roadways alongside the canal was also restricted, Interfax news agency reports.

There are no reports regarding the destination of the vessels, but the news come amid the ongoing crisis in the relationship between the US and Iran. There is mounting speculation that the Annapolis and the Momsen are heading to the Read more…

Our Perspective on the 8 Strategic Factors Shaping Oil Price in 2012

January 11, 2012 Comments off

triplepundit.com

The price of oil is still one of the most important factors shaping the economy. It can determine not just how much you’ll pay for a gallon of gasoline but also how fast the American and the eurozone economies will recover. It even has a say in who will be the next American president. This is why many people and companies try to predict the price of oil and better understand the events that influence its volatility.

Two people that tried to give it a shot are Gregory Copley and Yossef Bodansky, who are editors at GIS/Defense & Foreign Affairs. They published a list of 8 strategic factors that will likely to influence the price of oil in 2012. This is a very interesting list, although it comes from a business-as-usual perspective, which doesn’t look much beyond the price volatility implications of geo-political events. Adding the green energy market point of view might provide an even more comprehensive picture of the upcoming year, so here’s our take on 2012: Read more…

Iran To Hold Largest-Ever Naval Drills Near Strait Of Hormuz

January 6, 2012 Comments off

globalresearch.ca

The newly announced Iraninan drills, codenamed The Great Prophet, may coincide with major naval exercises that Israel and the United States are planning to hold in the Persian Gulf in the near future. AP quoted on Thursday a senior Israeli military official as saying the drills would be held in the next few weeks.

The exercises, called Austere Challenge 12, which both Israeli and U.S. officials have described as the largest-ever joint drills by the two countries…

Moscow: Iran is planning to hold new “massive” naval exercises near the strategic Strait of Hormuz within the next few weeks, the country’s Fars news agency has said, as Tehran’s tensions with the West continue to escalate following threats of new sanctions against the Islamic Republic over its controversial nuclear program.

Iranian Defense Minister Ahmad Vahidi was quoted in the Fars report as saying the Read more…

War Imminent In Straits Of Hormuz? $200 A Barrel Oil?

January 3, 2012 1 comment

zerohedge.com

Submitted by John C.K. Daly of OilPrice.com

The pieces and policies for potential conflict in the Persian Gulf are seemingly drawing inexorably together.

Since 24 December the Iranian Navy has been holding its ten-day Velayat 90 naval exercises, covering an area in the Arabian Sea stretching from east of the Strait of Hormuz entrance to the Persian Gulf to the Gulf of Aden. The day the maneuvers opened Iranian Navy Commander Rear Admiral Habibollah Sayyari told a press conference that the exercises were intended to show “Iran’s military prowess and defense capabilities in international waters, convey a message of peace and friendship to regional countries, and test the newest military equipment.” The exercise is Iran’s first naval training drill since May 2010, when the country held Read more…

Iran unveils missiles, satellites as warning to foes

February 8, 2011 Comments off

TEHRAN (Reuters) – Iran showed off new missile and satellite technology on Monday, and told its enemies it had “complete domination” of the entrance to the oil-rich Gulf.

As part of Iran’s annual revolution celebrations, a time traditionally marked by new technological and military advances, President Mahmoud Ahmadinejad unveiled locally-made satellites while a senior commander showed off mass produced missiles.

“We should reach a point where we will be able to provide our knowledge and technology in the aerospace field to other countries,” Ahmadinejad said in a speech, unveiling the satellites he said were for scientific purposes, and showing film of a satellite-carrier rocket.

Although Iran is not engaged in any military conflict, it is on constant alert against possible attacks from the United States and Israel which have not ruled out possible pre-emptive strikes to stop Tehran getting nuclear weapons.

Iran says it has no intention of making nuclear bombs and that its atomic programme, which is the subject of U.S., European and U.N. sanctions, is entirely peaceful.

In 2009, Iran launched a domestically-made satellite into orbit for the first time, a step that increased the Read more…