Market Currents
Iran has formulated a plan codenamed "Muddy Waters" to block oil traffic in the Strait of Hormuz...
-
Monday, October 15, 2012, 6:31 AM ETIran has formulated a plan codenamed "Muddy Waters" to block oil traffic in the Strait of Hormuz by steering a tanker onto rocks and causing a massive oil spill, Der Spiegel reports. Iran's co-operation would be needed to clean the spill, as would a temporary lifting of the embargo on the country. The speculation comes as the EU considers tougher sanctions on Iran, which has reiterated an offer to suspend domestic production of medium-enriched uranium.
Other date
Latest Energy & Materials Articles
This news story has 6 comments:
"The speculation comes as the EU considers tougher sanctions on Iran..."
Ooh--Peace Prize winners getting upset. Gore, Obama and the EU waging peace.
Good luck with that one.
Huh?
The economic sanctions are bringing Iran to its knees and the point where it is contemplating insanity -- like creating a massive oil spill disaster.
I guess nothing short of "bombing Iran" -- and then occupying it (with our broken down military, which your "LONG" position in defense contractors wouldn't benefit too much from, right?) -- is your prescription, right?
Romney/Ryan, were they in office TODAY, would TAKE THE SAME COURSE as OBAMA. Campaign rhetoric be damned.