Showing posts with label OIL EMBARGO. Show all posts
Showing posts with label OIL EMBARGO. Show all posts

Monday, May 7, 2012

DTN News - HILLARY CLINTON IN INDIA: U.S. Secretary of State Hillary Clinton Meets Congress's Chief Sonia Gandhi in New Delhi

DTN News - HILLARY CLINTON IN INDIA: U.S. Secretary of State Hillary Clinton Meets Congress's Chief  Sonia Gandhi in New Delhi

(NSI News Source Info) TORONTO, Canada - May 7, 2012: U.S. Secretary of State Hillary Rodham Clinton, left, meets India's Congress party president Sonia Gandhi in New Delhi, India, Monday, May 7, 2012. 

Clinton urged energy-starved India on Monday to reduce its Iranian oil imports to keep up pressure on the Islamic republic to come clean about its nuclear program.

Tuesday, January 31, 2012

DTN News - IRAN DEFENSE NEWS: Iran To Equip Navy with New Flying Boats BAVAR 2 To Monitor Oil Tanker Traffic Through Straits Of Hormuz

DTN News - IRAN DEFENSE NEWS:  Iran To Equip Navy with New Flying Boats BAVAR 2 To Monitor Oil Tanker Traffic Through Straits Of Hormuz
 
 (NSI News Source Info) TORONTO, Canada - January 31, 2012: Iran has three squadrons of new flying boats, Iranian news agencies reported. The craft, dubbed the Bavar 2, is armed with a machine gun and carries surveillance cameras, according to a report from the Iranian Student News Agency
 
 "Islamic Republic of Iran is one of the few countries which managed to design, build and use flying boats in a short time," said Defense Minister Brig. Gen. Ahmad Vahidi, who oversaw the delivering of the aircraft at the Bandar Abbas naval facility on the Persian Gulf near the Strait of Hormuz. The delivery comes as Iran celebrates its Week of Sacred Defense, which commemorates its eight-year-long resistance to the 1980 Iraqi invasion, according to the Fars News Agency 

While there is little available information as to the performance characteristics of the flying boats, and the only known weapon system is a good old-fashioned machine gun (some reports say they can carry missiles, but certainly nothing heavy enough to sink a major warship), it would be a mistake to discount these new vessels. While they might not have much chance of ever winning a battle against Western warships or aircraft, they are well suited to a task believed to be the most likely response to Iran if war with America were to come — massed suicide attacks.

Thursday, January 26, 2012

DTN News - IRAN NEWS: Iran Defiant As EU Imposes Oil Embargo

DTN News - IRAN NEWS: Iran Defiant As EU Imposes Oil Embargo

 (NSI News Source Info) TORONTO, Canada - January 26, 2012: Iran has accused the European Union of waging "psychological warfare" after the bloc banned imports of Iranian oil over Tehran's controversial nuclear programme.

The oil ban, which was approved at a meeting in Brussels on Monday, along with sanctions against Iran's central bank and other measures, came as Western powers stepped up pressure on Iran to return to negotiations amid concerns that it is moving closer to building nuclear weapons.

"The method of threat, pressure and unfair sanctions against a nation that has a strong reason for its approach is doomed to fail," Ramin Mehmanparast, Iran's foreign ministry spokesman, told the state broadcaster.

"European Union sanctions on Iranian oil is psychological warfare," Mehmanparast said. 

"Imposing economic sanctions is illogical and unfair but will not stop our nation from obtaining its rights."

Iran's oil ministry issued a statement saying the sanctions did not come as a shock. "The oil ministry has from long ago thought about it and has come up with measures to deal with any challenges," it said, according to the IRNA news agency.

Mehmanparast said: "The European countries and those who are under American pressure, should think about their own interests. Any country that deprives itself from Iran's energy market, will soon see that it has been replaced by others."