Iran’s Tiny Navy Is Trying to Revive an Empire -Opinion

By James Stavridis (Bloomberg Opinion) -- On the campaign trail in 2007, Senator John McCain sang a parody to the tune of the Beach Boys’ “Barbara Ann”: “Bomb, bomb, bomb … bomb, bomb Iran.” That sentiment resonates in the Donald Trump administration, and it’s understandable. The Iranians continue to push their influence throughout the Middle East: using proxies to threaten … [Read more...]

Iran to Send Warships to the Atlantic, Closer to U.S. Waters

LONDON, Jan 4 (Reuters) - The Iranian navy will send warships to deploy in the Atlantic from March, a top commander said on Friday, as the Islamic Republic seeks to increase the operating range of its naval forces to the backyard of the United States, its arch foe. Iran sees the presence of U.S. aircraft carriers in the Gulf as a security concern and its navy has sought to … [Read more...]

Iran’s Military is Ready to Protect Oil Tankers Against Threats, Deputy Commander

DUBAI, Nov 12 (Reuters) - Iran's armed forces will protect Iranian oil tankers against any threats, an Iranian military official said on Monday after the United States called the ships a "floating liability" and warned ports operators not to allow them to dock. The United States resumed sanctions on Iran's oil, shipping and banking industries last Monday after U.S. President … [Read more...]

U.S. Allowing Waivers for Eight Importers from Iran Oil Sanctions

By Arshad Mohammed, Lesley Wroughton and Patricia Zengerle WASHINGTON, Nov 2 (Reuters) - The United States said on Friday it will temporarily allow eight importers to keep buying Iranian oil when it reimposes sanctions on Monday to try to force Iran to curb its nuclear, missile and regional activities. U.S. Secretary of State Mike Pompeo, who announced the decision, did not … [Read more...]

Rocked by Trump’s Sanctions, Iranian Oil Exports Drop Further

By Alex Lawler LONDON, Oct 8 (Reuters) - Iran's crude exports fell further in the first week of October, according to tanker data and an industry source, taking a major hit from U.S. sanctions and throwing a challenge to other OPEC oil producers as they seek to cover the shortfall. The Islamic Republic exported 1.1 million barrels per day (bpd) of crude in that seven-day … [Read more...]