By Emily Senger - Tuesday, December 4, 2012 - 0 Comments
Images of unmanned air vehicle broadcast on TV
Iran has “hunted” a U.S. drone flying illegally in its airspace, according to a report from the Iranian state news agency Tuesday.
The report says that the unmanned ariel vehicle is a ScanEagle, which was flying over the Persian Gulf. The ScanEagle is used for reconnaissance.
For its part, the U.S. denied Iran’s claim, saying that no American drones have gone missing. “The U.S. Navy has fully accounted for all unmanned air vehicles (UAV) operating in the Middle East region. Our operations in the Gulf are confined to internationally recognized water and air space,” Commander Jason Salata, a spokesman for U.S. Naval Forces Central Command in Bahrain, told Reuters.
Meanwhile, Iranian state television showed images of officials examining what appeared to be a drone, under the text: “We will trample the U.S. under our feet,” reports The New York Times.
Should this latest “hunted” drone proven to be real, it means that tensions are continuing to escalate between the U.S. and Iran after Nov. 8, when U.S. officials said Iran had fired on one of its Predator drones. Iran confirmed that it had, indeed, fired at a U.S. drone that was in its airspace. The Americans, however, said the drone was flying over international waters and that Iran had no right to fire upon it.
This latest incident also comes amid repeated threats from Iran, saying that it will shut down the Strait of Hormuz, an important oil shipping route.
By Patricia Treble - Monday, June 4, 2012 at 12:21 PM - 0 Comments
If sales don’t pick up soon, the IAE says Iran will have to stop producing oil
With many countries scaling back imports of Iranian oil before sanctions tighten on July 1, the Islamic country is running out of places to store its crude.
This month the International Energy Agency (IEA) reported that up to 25 per cent of Iran’s oil production didn’t sell on the world market. With onshore holding tanks full, Tehran is storing around 36 million barrels in tankers anchored in the Persian Gulf.
While Iran vehemently denied the IEA report, experts estimate that more than half its ships are idle and being used as storage.
Some have turned off their GPS tracking beacons; they’re either at anchor or trying to secretly dodge sanctions on exports, imposed to stop Tehran’s nuclear ambitions.
It’s not just customers who are squeezing the regime. Most insurers, pressed by the U.S., have stopped underwriting leased tankers, and two major firms won’t certify Iran’s fleet as safe, something needed to enter foreign ports.
If sales don’t pick up soon, the IEA believes Iran will have to stop production of oil, the backbone of its economy.