HORMUZ

  • Iranian envoy speaks on oil payment, Nweapons February 7, 2012

    New Delhi: The Iranian Ambassador to India said on Tuesday that although Tehran was "not unhappy" with New Delhi's stand on the country, it would urge India to "pay attention to the realities that are being shaped". Speaking to reporters in New Delhi, the diplomat said that India and Iran...
  • Iran says oil may hit $150 per barrel on EU ban January 29, 2012

    Tehran: Oil prices could rise as high as $150 a barrel because of the European Union ban on imports of Iranian crude, the country's deputy oil minister was quoted as saying by the official IRNA news agency on Sunday. "Although a precise prediction cannot be made on oil prices, it seems...
  • Iran Navy harassed US ships in the Gulf, says US January 14, 2012

    Washington: Tensions rising by the day, the Obama administration said on Friday it is warning Iran through public and private channels against any action that threatens the flow of oil from the Persian Gulf. The Navy revealed that two US ships in and near the Gulf were harassed by Iranian...
  • US in consultations with India, China on Iran January 7, 2012

    Washington: The United States is in close consultations with countries like India, China and Russia on implementing sanctions against Iran, a senior US official has said. "We are in close consultation with India, with China, with Russia, with countries around the world, about strengthening their implementation of the international sanctions regime...
  • Iran to hold new naval drill near Hormuz January 6, 2012

    Tehran: Iran is planning new military exercises near the strategic Strait of Hormuz, according to a naval commander, after threatening to close the strait and completing another set of maneuvers. One sixth of the world's oil passes through the Strait of Hormuz. Iran's threat to close the passage if the West...
  • Iran reports nuclear progress as sanctions loom January 2, 2012

    Tehran: Iran announced a nuclear fuel breakthrough and testfired a new radarevading mediumrange missile in the Gulf on Sunday, moves that could further antagonize the West at a time when Tehran is trying to avert harsh new sanctions on its oil industry. US President Barack Obama signed a law on Saturday...
  • Iran tests own N fuel rod, missiles near Hormuz January 2, 2012

    New Delhi: The West's worst nightmare came true on Sunday as Iran tested its first domestically produced nuclear fuel rod and its missiles near the Strait of Hormuz. ...
  • Iran backs off threat to close Strait of Hormuz January 1, 2012

    Tehran: Talk of blocking the strategic oil route through the Strait of Hormuz is a discussion of the past, a commander of Iran's Revolutionary Guard said on Sunday in comments that seemed to back away from an earlier threat. But he said Iran had other, unspecified strategies for reacting to any...
  • US warns Iran against closing key oil passage December 29, 2011

    Tehran: The US strongly warned Iran on Wednesday against closing a vital Persian Gulf waterway that carries onesixth of the world's oil supply, after Iran threatened to choke off traffic through the Strait of Hormuz if Washington imposes sanctions targeting the country's crude exports. The increasingly heated exchange raises new tensions...
  • Iranian boats give US ships a scare at midsea January 8, 2008

    Washington: Iranian boats aggressively approached three US Naval ships in the Strait of Hormuz, a main shipping route for Gulf oil, at the weekend and threatened that the ships would explode, US officials said on Monday. Iran dismissed US concerns about the incident, saying it was a routine contact. But the...