November 14, 2012
Qatar and the United Arab Emirates have requested US missile defense systems to counter perceived regional threats. Iran has eyes on you?
Qatar and the United Arab Emirates have requested the sale of up to $7.6bn in Lockheed Martin Corp missile-defence systems to counter perceived threats and lower their dependence on US forces, the Pentagon announced.
The Defence Security Cooperation Agency (DSCA), which oversees foreign arms sales, formally notified lawmakers on Friday that it had approved the possible sales, which come against the backdrop of heightened tensions with Iran.
The notifications were posted to the agency’s website late on Monday.
Lawmakers now have 30 days to block the potential sales although such action is rare since deals are carefully vetted with lawmakers weeks before the notifications are posted.
September 16, 2012
My guess is telling The Obama administration telling Israel the red line was when Iran had a nuke, wasn’t well received…
An armada of US and British naval power is massing in the Persian Gulf in the belief that Israel is considering a pre-emptive strike against Iran’s covert nuclear weapons programm.
The Saturday Telegraph reports:
Battleships, aircraft carriers, minesweepers and submarines from 25 nations are converging on the strategically important Strait of Hormuz in an unprecedented show of force as Israel and Iran move towards the brink of war.
Western leaders are convinced that Iran will retaliate to any attack by attempting to mine or blockade the shipping lane through which passes around 18 million barrels of oil every day, approximately 35 per cent of the world’s petroleum traded by sea.
A blockade would have a catastrophic effect on the fragile economies of Britain, Europe the United States and Japan, all of which rely heavily on oil and gas supplies from the Gulf.
The Strait of Hormuz is one of the world’s most congested international waterways. It is only 21 miles wide at its narrowest point and is bordered by the Iranian coast to the north and the United Arab Emirates to the south.
In preparation for any pre-emptive or retaliatory action by Iran, warships from more than 25 countries, including the United States, Britain, France, Saudi Arabia and the UAE, will today begin an annual 12-day exercise.
If the U.S. won’t help…then. Europe will be cut -off from oil. Meanwhile we have no Keystone XL pipeline and Gulf of Mexico drilling is at a snails pace… And here I thought Obama said they would love us not build nukes.
February 29, 2012
The U.S. Treasury Department disrupted a Dubai-based banking operation that Washington believes had become Tehran’s primary conduit for evading international sanctions and processing its oil sales, according to people briefed on the operation.
The effort was particularly sensitive because the targeted institution in the United Arab Emarates is partly owned by the local government of Dubai, a close U.S. ally. The chairman of the bank, called the Noor Islamic Bank, is the son of Dubai’s ruler.
In mid-December, Noor agreed to close off what the people briefed on the operation characterized as Iran’s single-largest channel for repatriating foreign-currency oil receipts — facilitating as much as 60 percent of Iran’s foreign oil sales by late last year, they estimated.