US Adds Forces in Persian Gulf, a Signal to Iran

  • Yum

TweetYumShareThis US Adds Forces in Persian Gulf, a Signal to Iran 03 Jul 2012 The United States has quietly moved significant military reinforcements into the Persian Gulf to deter the Iranian military from any possible attempt to shut the Strait of Hormuz and to increase the number of fighter jets capable of striking deep into […]

Oil prices are rising, a gallon is now $3.65 nationally

  • Yum

TweetYumBy Chris Kahn, Associated Press – DesertNews.com NEW YORK — Oil prices are approaching last year’s highs as tensions increase over Iran’s nuclear program. The rise pushed gasoline prices on Friday to a national average of $ 3.65 per gallon, the highest ever for this time of year. Western nations fear Iran is building a […]

Britain, US and France send warships through Strait of Hormuz

  • Yum

TweetYumShareThis Britain, US and France send warships through Strait of Hormuz –The flotilla will have passed within a few miles of the Iranian coastline. 23 Jan 2012 Britain, America and France delivered a pointed signal to Iran, sending six warships led by a 100,000 ton aircraft carrier through the highly sensitive waters of the Strait […]

Two U.S. Aircraft Carriers Near Iran, With a Third On the Way

  • Yum

TweetYumShareThis Two U.S. Aircraft Carriers Near Iran, With a Third On the Way 11 Jan 2012 The U.S.S. Carl Vinson has linked with the Navy’s Fifth Fleet, and is somewhere in the northern Arabian Sea. It’ll replace the U.S.S. John C. Stennis, which recently sailed out of the Strait of Hormuz. That means that during […]

Oil Prices Could Soar 80% If Iran Shut Hormuz: Analyst

  • Yum

TweetYum By: John Melloy, CNBC.com If Iran were to shut down the Strait of Hormuz, a key oil transportation route where millions of barrels travel out of the Persian Gulf every day, Brent crude [LCOCV1 112.27 — UNCH] would surge to between $ 150 and $ 200 a barrel, according to an oil analyst with […]