Persian Gulf

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Pickens' 'Energy Plan' Lacking in Actual Detail
Pickens' 'Energy Plan' Lacking
in Actual Detail
OPINION
Aug 6, 2008 11:44 AM CDT

Pickens' 'Energy Plan' Lacking in Actual Detail

Talk may be cheap, but oilman spending $58M to push empty rhetoric

(Newser) - T. Boone Pickens has plenty of ideas about making the US less dependent on oil, and he has plenty of reasons why. But broad generalizations about using wind power to generate electricity and natural gas to power cars doesn’t offer enough “how-to-get-it-done” detail to make it an actual...

Iran Tests More Missiles as US Vows to Protect Allies, Interests

A 'lesson for enemies' says Iranian chief

(Newser) - Iran claimed to have test fired more missiles today, a day after it launched nine missiles that pushed up oil prices and further stoked concerns that a regional conflict was brewing, reports Reuters. The "maneuver brings power to the Islamic Republic of Iran and is a lesson for enemies,...

Quiet Qatar Plays Key Mideast Peacemaker Role

Iconoclastic emirate works to calm conflicts

(Newser) - Qatar has managed the amazing diplomatic feat of staying friendly with just about everybody in the Middle East, the New York Times writes. The tiny, oil-rich emirate, which somehow maintains close ties with Iran while also hosting an American airbase, is rapidly becoming the region's mediator. Its diplomats recently pulled...

New Ship a 'Reminder' to Iran: Gates

Defense sec prods Tehran as 2nd carrier arrives in Gulf

(Newser) - A second US aircraft carrier steamed into the Persian Gulf yesterday, which Robert Gates says Iran should see as a "reminder." The defense secretary denied that the deployment of another ship in the Gulf amounted to an escalation of American forces in the area, Reuters reports, but hoped...

AmEx Leads Dow Rally
 AmEx Leads Dow Rally 
MARKETS
Apr 25, 2008 3:39 PM CDT

AmEx Leads Dow Rally

Oil jumps on worries about supplies in UK, Nigeria

(Newser) - Stocks were mixed today as financials rallied but Microsoft dragged down the tech sector.  Nevertheless, all three major indexes recorded back-to-back weekly gains for the first time since February, Bloomberg reports. The Dow closed up 42.91 at 12,891.86, the Nasdaq dipped 5.99 to 2,422....

Qatar Navigates Persian Gulf Minefield

Geography forces balancing act; gas wealth make it a player

(Newser) - The challenges of being Qatar, a peninsular nation bordering Saudi Arabia in the Persian Gulf, could be a hint of the diplomatic discourse to come, Bloomberg reports. The emirate cannily attends to the demands of its Saudi and Iranian neighbors, and it hosts US military forces; it also has learned...

Ex-Sailor Convicted in Terror Case
Ex-Sailor Convicted in Terror Case
Mar 5, 2008 5:43 PM CST

Ex-Sailor Convicted in Terror Case

Navy signalman told al-Qaeda group about ship movements

(Newser) - A jury in Connecticut convicted a former Navy sailor today of passing along classified information about US ships in the Persian Gulf to terrorists, the AP reports. Prosecutors said Phoenix native Hassan Abu-Jihaad, 32, sent details about naval ship movements to a group affiliated with al-Qaeda in April of 2001....

Oil Insanity Pinned to Speculators
Oil Insanity Pinned to Speculators
Feb 28, 2008 5:54 PM CST

Oil Insanity Pinned to Speculators

Observers call current market 'hysteria' — and 'bubble'

(Newser) - Crude-oil prices have doubled in recent months, a development not linked to fundamental supply and demand—but rather, observers tell Der Spiegel, to rampant speculation among investors looking for a stable buck. The prospect of recession would typically drive prices down, but analysts say a decade-old oil investment rush by...

Anchor Cut Persian Gulf Internet Cable

Source unknown; severance raises questions of sabotage

(Newser) - The severed Internet cable in the Persian Gulf was the work of a 5.5-ton ship’s anchor, the AP reports. A crew from the FLAG telecommunications company, which owns the cable, found the anchor near Dubai and hauled it up; how the cut occurred is still unexplained. The incident...

Old Spy Satellite Falling to Earth
Old Spy Satellite Falling to Earth
Jan 26, 2008 8:27 PM CST

Old Spy Satellite Falling to Earth

Inoperative device could hit in late February, March

(Newser) - A dead US spy satellite will likely tumble out of space and hit Earth late next month or early March, the AP reports. Unnamed officials admitted it may contain toxic material but refused to say where it might land or whether it could be shot from the sky. "We...

France Dives Into Gulf With Base
France Dives Into Gulf With Base
Jan 16, 2008 12:37 PM CST

France Dives Into Gulf With Base

Military base in Emirates represents major shift in strategy

(Newser) - President Nicholas Sarkozy returned to France yesterday with accords that will make his country a major player in the Persian Gulf, the Christian Science Monitor reports. France will soon have a permanent military base on the United Arab Emirates' side of the Strait of Hormuz, a key oil pathway; it...

Boat Face-Off Reveals Iran Tactics: US

Navy also reveals two December incidents, where shots were fired

(Newser) - Objects tossed from Iranian boats posed no threat to US ships last Sunday, the Navy said yesterday, but did reveal Tehran's warfare tactics. The incident was also one of three between US and Iranian ships over the past month: In the first face-off, Dec. 19, the USS Whidbey Island fired...

US Files Formal Protest to Iran Over Ship Incident

Tehran releases own video, rejects American version of events

(Newser) - The US sent a formal diplomatic complaint to Iran today over what it calls the "provocative" harassment of American ships by Iranian speedboats, the AP reports. Iran, meanwhile, released its own video of the encounter in the Persian Gulf, which it says backs up its contention that the US...

Washington Slams Iran Over Ship Threat
Washington Slams Iran Over Ship Threat
UPDATED
Jan 7, 2008 10:54 AM CST

Washington Slams Iran Over Ship Threat

Tehran calls incident 'ordinary' after vessels 'harass' US Navy ships

(Newser) - Washington is firing diplomatic volleys at Tehran today after five Iranian ships "harassed" three US Navy ships in international waters yesterday, CNN reports. "Such actions are dangerous and could have quickly escalated into something much worse," the Pentagon press secretary said. "We see it as further...

Gates: Iran Still a Threat to Security

Nukes aside, defense secretary lists Tehran's destabilizing activities

(Newser) - Iran is still a grave threat to regional security, with or without nuclear weapons, Robert Gates told a Persian Gulf conference today. The defense secretary challenged Tehran, which crowed over a recent US intelligence reassessment of its halted nuclear program, to acknowledge other American intelligence findings of destabilizing activities.

Gates Sketches the Military's Long Haul

Defense sec rules out permanent bases but prepares for decades

(Newser) - The Wall Street Journal meets with Defense Secretary Robert Gates, whose vision for a postwar Iraq includes a long-term American military presence—but no permanent bases à la Germany or Korea. Gates also proposes the maintenance of air- and sea-based forces throughout the Persian Gulf. It's a vision similar to...

Dubai Betting $5B on Vegas Casino Giant

Deal with MGM Mirage gives Persian Gulf state stake in gaming Mecca

(Newser) - Dubai World—a company owned by the government of the oil-rich Persian Gulf state—plans to invest up to $5.1 billion in MGM Mirage, the world's second-largest casino company, Bloomberg reports. The move would give Dubai a presence in booming Las Vegas and free up assets for MGM Mirage...

QE2 to Dock, for Good, in Dubai
QE2 to Dock, for Good, in Dubai
Jun 18, 2007 10:41 AM CDT

QE2 to Dock, for Good, in Dubai

Cruising days over, storied ship will be a floating hotel in the Persian Gulf

(Newser) - After 40 years at sea, the glamorous passenger liner QE2 will be sold by Carnival Cruise Lines to a Dubai firm for $100 million, then turned into luxury lodgings. The company promises to restore the interior of the ship, which will be anchored off three man-made islands, and to build...

Cyclone Menaces Gulf Region, Oil Prices

Thousands flee Oman; storm may slow tankers

(Newser) - A cyclone that may be the most powerful storm ever to hit the Arabian Peninsula is heading toward the oil-rich Persian Gulf region, forcing thousands to evacuate and prompting fears of a spike in oil prices. Oman's coastal towns will take the brunt of Cyclone Gonu, which is producing winds...

British Captives Standoff Stiffens
British Captives
Standoff Stiffens
Mar 30, 2007 7:17 AM CDT

British Captives Standoff Stiffens

Experts say there is no clear border between Iran and Iraqi waters

(Newser) - London and Tehran and ratcheted up the rhetoric over the 15 British soldiers being held captive in Iran yesterday, the LA Times reports: Britain got the UN Security Council to issue a statement of "grave concern," while Tehran released more video of sailors professing guilt and issued charts...

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