Iranian officials say two rockets struck an Iranian tanker traveling through the Red Sea off the coast of Saudi Arabia

Two missiles struck an Iranian tanker traveling through the Red Sea off the coast of Saudi Arabia on Friday, Iranian officials said, the latest incident in the region amid months of heightened tensions between Tehran and the U.S. There was no word from Saudi Arabia on the reported attack and Saudi officials did not immediately respond to requests for comment. Iranian state television said the explosion damaged two storerooms aboard the unnamed oil tanker and caused an oil leak into the Red Sea n


Two missiles struck an Iranian tanker traveling through the Red Sea off the coast of Saudi Arabia on Friday, Iranian officials said, the latest incident in the region amid months of heightened tensions between Tehran and the U.S. There was no word from Saudi Arabia on the reported attack and Saudi officials did not immediately respond to requests for comment. Iranian state television said the explosion damaged two storerooms aboard the unnamed oil tanker and caused an oil leak into the Red Sea n
Iranian officials say two rockets struck an Iranian tanker traveling through the Red Sea off the coast of Saudi Arabia Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-11
Keywords: news, cnbc, companies, struck, say, port, tanker, officials, red, oil, attack, tankers, iran, near, iranian, traveling, rockets, sea, saudi


Iranian officials say two rockets struck an Iranian tanker traveling through the Red Sea off the coast of Saudi Arabia

Two missiles struck an Iranian tanker traveling through the Red Sea off the coast of Saudi Arabia on Friday, Iranian officials said, the latest incident in the region amid months of heightened tensions between Tehran and the U.S.

There was no word from Saudi Arabia on the reported attack and Saudi officials did not immediately respond to requests for comment. Oil prices spiked by 2% on the news.

Iranian state television said the explosion damaged two storerooms aboard the unnamed oil tanker and caused an oil leak into the Red Sea near the Saudi port city of Jiddah.

The state-run IRNA news agency, quoting Iran’s National Iranian Tanker Co., identified the stricken vessel as the Sabity. That vessel last turned on its tracking devices in August near the Iranian port city of Bandar Abbas, according to data from MarineTraffic.com. Iranian tankers routinely turn off their trackers as U.S. sanctions target the sale of Iran’s crude oil.

“The oil tanker named SABITY belonging to the company sustained damages to the body when it was hit by missiles 60 miles (96 kilometers) from the Saudi port city of Jiddah,” IRNA said.

The agency did not say whom Iranian officials suspect of launching the missiles.

Lt. Pete Pagano, a spokesman for the U.S. Navy’s 5th Fleet overseeing the Mideast, said authorities there were “aware of reports of this incident,” but declined to comment further.

Benchmark Brent crude oil rose over 2% in trading Friday to reach some $60.40 a barrel.

The reported attack comes after the U.S. has alleged that in past months Iran attacked oil tankers near the Strait of Hormuz, at the mouth of the Persian Gulf, something denied by Tehran.

Friday’s incident could push tensions between Iran and the U.S. even higher, more than a year after President Donald Trump unilaterally withdrew America from the nuclear deal and imposed sanctions now crushing Iran’s economy.

The mysterious attacks on oil tankers near the Strait of Hormuz, Iran shooting down a U.S. military surveillance drone and other incidents across the wider Middle East followed Trump’s decision.

The latest assault saw Saudi Arabia’s vital oil industry come under a drone-and-cruise-missile attack, halving the kingdom’s output. The U.S. has blamed Iran for the attack, something denied by Tehran. Yemen’s Houthi rebels, whom the kingdom is fighting in a yearslong war, claimed that assault, though analysts say the missiles used in the attack wouldn’t have the range to reach the sites from Yemen.


Company: cnbc, Activity: cnbc, Date: 2019-10-11
Keywords: news, cnbc, companies, struck, say, port, tanker, officials, red, oil, attack, tankers, iran, near, iranian, traveling, rockets, sea, saudi


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Oil prices jump 2% after Iran says two missiles struck one of its tankers

Oil prices rose sharply on Friday morning after Iranian state media said that two rockets had struck an Iranian tanker traveling through the Red Sea. The National Iranian Oil Company told NBC that the tanker was hit by two explosions at 5:00 a.m. and 5:20 a.m. local time. It said the tanker had been traveling through the Red Sea off the coast of Saudi Arabia, 60 miles from the city of Jeddah. The state-run IRNA news agency identified the vessel as the Sabity, with NBC reporting that the crew wer


Oil prices rose sharply on Friday morning after Iranian state media said that two rockets had struck an Iranian tanker traveling through the Red Sea. The National Iranian Oil Company told NBC that the tanker was hit by two explosions at 5:00 a.m. and 5:20 a.m. local time. It said the tanker had been traveling through the Red Sea off the coast of Saudi Arabia, 60 miles from the city of Jeddah. The state-run IRNA news agency identified the vessel as the Sabity, with NBC reporting that the crew wer
Oil prices jump 2% after Iran says two missiles struck one of its tankers Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-11  Authors: matt clinch
Keywords: news, cnbc, companies, struck, missiles, sabity, oil, tanker, red, tankers, irna, iran, jump, prices, iranian, company, nbc, traveling, saudi


Oil prices jump 2% after Iran says two missiles struck one of its tankers

Oil prices rose sharply on Friday morning after Iranian state media said that two rockets had struck an Iranian tanker traveling through the Red Sea.

Brent crude futures were up 2.07% at $60.33 a barrel by 8:00 a.m. London time, shortly after the news, with West Texas Intermediate (WTI) futures showing similar gains.

The National Iranian Oil Company told NBC that the tanker was hit by two explosions at 5:00 a.m. and 5:20 a.m. local time. It said the tanker had been traveling through the Red Sea off the coast of Saudi Arabia, 60 miles from the city of Jeddah.

Saudi officials were not immediately available to respond to requests for comment from CNBC.

The state-run IRNA news agency identified the vessel as the Sabity, with NBC reporting that the crew were uninjured and were working to stabilize the ship. After leaking oil for several hours, the IRNA news agency said at roughly 8:30 a.m. London time that the leak had stopped and the “situation is under control.”

“According to Public Relations and International Affairs Department of National Iranian Oil Company, the oil tanker named Sabity belonging to the company sustained damages to the body when it was hit by missiles 60 miles from the Saudi port city of Jeddah,” the IRNA said on its website. CNBC was not able to independently verify the reports.

“The cause of the incident is currently under investigation by the experts.”


Company: cnbc, Activity: cnbc, Date: 2019-10-11  Authors: matt clinch
Keywords: news, cnbc, companies, struck, missiles, sabity, oil, tanker, red, tankers, irna, iran, jump, prices, iranian, company, nbc, traveling, saudi


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Trump handing northern Syria to Turkey is a ‘gift to Russia, Iran, and ISIS,’ former US envoy says

The Turkish and U.S. troops start their second joint ground patrol within a planned safe zone in northern Syria along the Syrian-Turkish border, in Sanliurfa, Turkey on September 24, 2019. The Trump administration is facing a torrent of criticism Monday after it unexpectedly announced a full U.S. troop withdrawal from northern Syria to effectively allow a long-planned military operation by Turkey against Kurdish ground forces, who had battled to uproot ISIS. “Turkey will soon be moving forward w


The Turkish and U.S. troops start their second joint ground patrol within a planned safe zone in northern Syria along the Syrian-Turkish border, in Sanliurfa, Turkey on September 24, 2019. The Trump administration is facing a torrent of criticism Monday after it unexpectedly announced a full U.S. troop withdrawal from northern Syria to effectively allow a long-planned military operation by Turkey against Kurdish ground forces, who had battled to uproot ISIS. “Turkey will soon be moving forward w
Trump handing northern Syria to Turkey is a ‘gift to Russia, Iran, and ISIS,’ former US envoy says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-07  Authors: natasha turak
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Trump handing northern Syria to Turkey is a 'gift to Russia, Iran, and ISIS,' former US envoy says

The Turkish and U.S. troops start their second joint ground patrol within a planned safe zone in northern Syria along the Syrian-Turkish border, in Sanliurfa, Turkey on September 24, 2019.

The Trump administration is facing a torrent of criticism Monday after it unexpectedly announced a full U.S. troop withdrawal from northern Syria to effectively allow a long-planned military operation by Turkey against Kurdish ground forces, who had battled to uproot ISIS.

“Turkey will soon be moving forward with its long-planned operation into Northern Syria,” a White House statement late Sunday said, noting that President Donald Trump had spoken to his Turkish counterpart Recep Tayyip Erdogan by phone. “The United States Armed Forces will not support or be involved in the operation, and United States forces, having defeated the ISIS territorial ‘Caliphate,’ will no longer be in the immediate area.”

Security experts on the region and former U.S. officials are calling the decision harmful and a gift to America’s adversaries, while some members of the Kurdish forces on the ground in Syria are calling it betrayal.

“The WH statement tonight on Syria after Trump spoke with Erdogan demonstrates a complete lack of understanding of anything happening on the ground,” Brett McGurk, the former U.S. special envoy to the global anti-IS coalition, said Monday on Twitter.

“Trump tonight after one call with a foreign leader provided a gift to Russia, Iran, and ISIS.”

Syria’s bloody 8-year long conflict has seen military intervention by numerous world powers including Russia and Iran, without whose help Syrian dictator Bashar al Assad wouldn’t have survived, regional experts say. Washington and Moscow have long condemned each other’s involvement in the country, and the U.S. currently imposes sanctions on Russia for its support of Assad.

McGurk resigned from his position in December after Trump’s shock announcement that the U.S. would withdraw all its forces from Syria, a move that meant abandoning U.S.-allied Kurdish troops who proved vital in the defeat of the so-called Islamic State’s caliphate. Trump later walked back the decision after widespread condemnation from Republicans and Democrats, giving the impression that several thousand U.S. troops would remain in the region to assist its local allies.


Company: cnbc, Activity: cnbc, Date: 2019-10-07  Authors: natasha turak
Keywords: news, cnbc, companies, troops, northern, isis, operation, kurdish, syria, envoy, russia, iran, states, ground, handing, turkey, trump, forces, gift


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Republican allies blast Trump’s decision to hand northern Syria over to Turkey

President Donald Trump’s decision to withdraw U.S. troops from northern Syria ahead of a long-planned Turkish military operation is being blasted by lawmakers and security experts in Washington, including Republicans better known for being loyal allies of the president. In a rare attack on Trump’s policies, Sen. Lindsay Graham, R-S.C., called the move “impulsive” and “a disaster in the making.” “I hope I’m making myself clear how shortsighted and irresponsible this decision is in my view,” Graha


President Donald Trump’s decision to withdraw U.S. troops from northern Syria ahead of a long-planned Turkish military operation is being blasted by lawmakers and security experts in Washington, including Republicans better known for being loyal allies of the president. In a rare attack on Trump’s policies, Sen. Lindsay Graham, R-S.C., called the move “impulsive” and “a disaster in the making.” “I hope I’m making myself clear how shortsighted and irresponsible this decision is in my view,” Graha
Republican allies blast Trump’s decision to hand northern Syria over to Turkey Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-07  Authors: natasha turak
Keywords: news, cnbc, companies, trumps, hand, syria, mcconnell, decision, allies, kurdish, win, turkey, northern, iran, american, blast, republican, isis


Republican allies blast Trump's decision to hand northern Syria over to Turkey

President Donald Trump’s decision to withdraw U.S. troops from northern Syria ahead of a long-planned Turkish military operation is being blasted by lawmakers and security experts in Washington, including Republicans better known for being loyal allies of the president.

The White House announcement late Sunday night, which says Turkey will take on the role of containing the Islamic State in Syria, is being decried by critics as a win for Iran and ISIS and a betrayal of U.S.-backed Kurdish fighters on the ground who have long been in Ankara’s sites.

In a rare attack on Trump’s policies, Sen. Lindsay Graham, R-S.C., called the move “impulsive” and “a disaster in the making.”

“I hope I’m making myself clear how shortsighted and irresponsible this decision is in my view,” Graham, a close confidant of Trump’s, told Fox News on Monday morning. “This is a big win for Iran and Assad. A big win for ISIS.”

He also tweeted his concerns, calling the potential policy decision “a disaster in the making.”

The criticism focuses on what many are calling an abandonment of America’s Kurdish allies on the ground in Syria, an organization of militias who spearheaded the fight against ISIS and suffered heavy casualties supporting the U.S. campaign there.

Even Senate Majority Leader Mitch McConnell, R-Ky., broke with Trump over the foreign policy shift.

“A precipitous withdrawal of U.S. forces from Syria would only benefit Russia, Iran, and the Assad regime. And it would increase the risk that ISIS and other terrorist groups regroup,” McConnell said in a statement Monday afternoon.

“I urge the President to exercise American leadership to keep together our multinational coalition to defeat ISIS and prevent significant conflict between our NATO ally Turkey and our local Syrian counterterrorism partners. Major new conflict between Turkey and our partners in Syria would seriously risk damaging Turkey’s ties to the United States and causing greater isolation for Turkey on the world stage,” McConnell said.

“As we learned the hard way during the Obama Administration, American interests are best served by American leadership, not by retreat or withdrawal,” he added.

Turkey views the fighters, particularly the Kurdish People’s Protection Units, or YPG, as terrorists and a security threat on its southern border and has long expressed its desire to launch an offensive against them. The Turks stress the YPG’s ties to a separatist Kurdish group in Turkey, the PKK, which has carried out a decades-long violent insurgency against the Turkish state.

Turkey already has troops amassed along the Turkish-Syrian border and in January of 2018 attacked Afrin, a Kurdish stronghold in northern Syria, in an offensive that drove hundreds of thousands of Kurds to refugee camps.


Company: cnbc, Activity: cnbc, Date: 2019-10-07  Authors: natasha turak
Keywords: news, cnbc, companies, trumps, hand, syria, mcconnell, decision, allies, kurdish, win, turkey, northern, iran, american, blast, republican, isis


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Putin condemns Saudi oil attacks but defends Iran

Vladimir Putin, Russia’s president, delivers his state-of-the-nation address in Moscow, Russia, on Wednesday, Feb. 20. Already this year people should feel changes for the better, Putin said in his annual state-of-the-nation speech on Wednesday. Russian President Vladimir Putin condemned the attacks on Saudi Arabian oil infrastructure last month but defended Iran, saying there is no proof the country had a role in, or was responsible for, the strikes. Yemen’s Houthi rebels claimed responsibility


Vladimir Putin, Russia’s president, delivers his state-of-the-nation address in Moscow, Russia, on Wednesday, Feb. 20. Already this year people should feel changes for the better, Putin said in his annual state-of-the-nation speech on Wednesday. Russian President Vladimir Putin condemned the attacks on Saudi Arabian oil infrastructure last month but defended Iran, saying there is no proof the country had a role in, or was responsible for, the strikes. Yemen’s Houthi rebels claimed responsibility
Putin condemns Saudi oil attacks but defends Iran Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-02  Authors: holly ellyatt
Keywords: news, cnbc, companies, iran, stateofthenation, attacks, russias, putin, oil, defends, condemns, saudi, president, services, vladimir


Putin condemns Saudi oil attacks but defends Iran

Vladimir Putin, Russia’s president, delivers his state-of-the-nation address in Moscow, Russia, on Wednesday, Feb. 20. 2019. Already this year people should feel changes for the better, Putin said in his annual state-of-the-nation speech on Wednesday.

Russian President Vladimir Putin condemned the attacks on Saudi Arabian oil infrastructure last month but defended Iran, saying there is no proof the country had a role in, or was responsible for, the strikes.

“We condemn such acts no matter who is behind (them). It is a destructive event that had a toll on the whole global energy market,” Putin told an audience at a NBC-moderated panel, according to a translation.

“But we’re against shirking the blame upon Iran, because there is no real proof behind that and yesterday we spoke about that with President (Hassan) Rouhani. His position is that Iran would not assume any responsibility and is in no way related to that act,” he added.

Yemen’s Houthi rebels claimed responsibility for the attacks that initially halved the Saudi kingdom’s oil production. But Saudi Arabia and the U.S. suggested that Houthi-allied Iran had a role in, or was responsible for, the attacks on Saudi Aramco’s Abqaiq and Khurais oil facilities. Iran has denied the accusations it was involved, calling them “meaningless” and “pointless.”

Asked if he accepted Iran’s denial of involvement, even though U.S. intelligence services had pointed the finger of blame at the country, Putin said these intelligence services “served the foreign policy of the U.S., but they have not come up with any evidence.”

“Let’s not be guided by emotions but by facts,” he added.

Twenty-five drones and missiles were used in the strikes on September 14 and extensive repair work is underway at the two damaged oil facilities.

Asked about a possible meeting between Presidents Donald Trump and Rouhani, Putin said Russia’s stance is that “dialog is always better than confrontation.” “The Russian Federation has been supportive of Iran, wholeheartedly, trying to minimize the negative impacts and risks that are confronting the global energy market,” he added.


Company: cnbc, Activity: cnbc, Date: 2019-10-02  Authors: holly ellyatt
Keywords: news, cnbc, companies, iran, stateofthenation, attacks, russias, putin, oil, defends, condemns, saudi, president, services, vladimir


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Oil will hit levels ‘we haven’t see in our lifetimes’ if Iran isn’t stopped, Saudi crown prince says

DUBAI — Saudi Arabia’s Crown Prince Mohammed bin Salman has warned of astronomical oil prices in the event that tensions escalate in the Persian Gulf, two weeks after his country was hit by a drone and cruise missile attack that Riyadh and Washington have blamed on Iran. “If the world does not take a strong and firm action to deter Iran, we will see further escalations that will threaten world interests,” the crown prince said in an interview with the CBS program “60 Minutes” over the weekend. “


DUBAI — Saudi Arabia’s Crown Prince Mohammed bin Salman has warned of astronomical oil prices in the event that tensions escalate in the Persian Gulf, two weeks after his country was hit by a drone and cruise missile attack that Riyadh and Washington have blamed on Iran. “If the world does not take a strong and firm action to deter Iran, we will see further escalations that will threaten world interests,” the crown prince said in an interview with the CBS program “60 Minutes” over the weekend. “
Oil will hit levels ‘we haven’t see in our lifetimes’ if Iran isn’t stopped, Saudi crown prince says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-09-30  Authors: natasha turak
Keywords: news, cnbc, companies, oil, world, stopped, roughly, havent, levels, weeks, supplies, iran, hit, lifetimes, crown, prince, isnt, prices, saudi, global


Oil will hit levels 'we haven't see in our lifetimes' if Iran isn't stopped, Saudi crown prince says

DUBAI — Saudi Arabia’s Crown Prince Mohammed bin Salman has warned of astronomical oil prices in the event that tensions escalate in the Persian Gulf, two weeks after his country was hit by a drone and cruise missile attack that Riyadh and Washington have blamed on Iran.

“If the world does not take a strong and firm action to deter Iran, we will see further escalations that will threaten world interests,” the crown prince said in an interview with the CBS program “60 Minutes” over the weekend.

“Oil supplies will be disrupted and oil prices will jump to unimaginably high numbers that we haven’t seen in our lifetimes.”

The pre-dawn attacks on Sept. 14 hit two of state oil giant Saudi Aramco’s largest oil facilities, forcing the country to temporarily shut down roughly 50% of its output, or 5% of the global oil supply. The following Monday, international benchmark Brent crude rose as much as 19.5% to $71.95 per barrel at the open ⁠— the biggest jump on record ⁠— before paring gains.

The Middle East “represents about 30% of the world’s energy supplies, about 20% of global trade passages, about 4% of the world GDP,” the crown prince, who is next in line for the Saudi throne and considered the kingdom’s de-facto ruler, told CBS.

“Imagine all of these three things stop. This means a total collapse of the global economy, and not just Saudi Arabia or the Middle East countries.”

Energy industry experts have cited figures between $100 and $150 per barrel of oil if the adversaries — OPEC’s highest and third-highest oil producers, respectively — went to war.

Aramco quickly promised it would bring its oil output back to normal by the end of September, and has already brought roughly 50% of that back online, company executives said. Two weeks later, Brent was trading at $61.48 Monday morning London time.


Company: cnbc, Activity: cnbc, Date: 2019-09-30  Authors: natasha turak
Keywords: news, cnbc, companies, oil, world, stopped, roughly, havent, levels, weeks, supplies, iran, hit, lifetimes, crown, prince, isnt, prices, saudi, global


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Oil slides after Iran claims US offered to remove sanctions, but Trump denies

Oil slid after Iranian President Hassan Rouhani claimed Friday that the U.S. offered to remove all sanctions on Iran in exchange for negotiations. President Donald Trump and the State Department later denied those claims, causing oil to rebound from the lows. And America says that it will lift the sanctions,” Rouhani said on his official website, according to Reuters. The State Department called the report “baseless,” adding the U.S. is committed to zero oil exports from the Iranian regime, Bloo


Oil slid after Iranian President Hassan Rouhani claimed Friday that the U.S. offered to remove all sanctions on Iran in exchange for negotiations. President Donald Trump and the State Department later denied those claims, causing oil to rebound from the lows. And America says that it will lift the sanctions,” Rouhani said on his official website, according to Reuters. The State Department called the report “baseless,” adding the U.S. is committed to zero oil exports from the Iranian regime, Bloo
Oil slides after Iran claims US offered to remove sanctions, but Trump denies Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-09-27  Authors: yun li
Keywords: news, cnbc, companies, iran, remove, oil, sanctions, offered, slides, lift, department, saudi, denies, claims, rouhani, trump, state, president


Oil slides after Iran claims US offered to remove sanctions, but Trump denies

Oil slid after Iranian President Hassan Rouhani claimed Friday that the U.S. offered to remove all sanctions on Iran in exchange for negotiations. President Donald Trump and the State Department later denied those claims, causing oil to rebound from the lows.

WTI crude futures were last down by 0.9% to $55.92 following the report after falling as low as $54.79. Brent crude futures dropped 1.3% to $61.95.

“The German chancellor, the prime minister of England (Britain) and the president of France were in New York and all insisted that this meeting take place. And America says that it will lift the sanctions,” Rouhani said on his official website, according to Reuters. “It was up for debate what sanctions will be lifted and they (the United States) had said clearly that we will lift all sanctions.”

Trump later said he responded “of course, NO!” to Iran who he said wanted him to lift the sanctions in order to meet.

The State Department called the report “baseless,” adding the U.S. is committed to zero oil exports from the Iranian regime, Bloomberg News said.

Rouhani’s comment came after a series of drones attacked oil facilities in Saudi Arabia on Sept. 14, which had forced the kingdom to cut production in half. The U.S. and some European countries, as well as Saudi Arabia, have blamed the attack on Iran. The Islamic Republic has denied any role in the assault. The Trump administration also announced plans to deploy U.S. forces to the region.

The State Department didn’t immediately respond to CNBC’s request for comment.


Company: cnbc, Activity: cnbc, Date: 2019-09-27  Authors: yun li
Keywords: news, cnbc, companies, iran, remove, oil, sanctions, offered, slides, lift, department, saudi, denies, claims, rouhani, trump, state, president


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Iran releases seized UK-flagged tanker

A British-flagged oil tanker held by Iran since July was released Friday and was heading toward the United Arab Emirates, the company that owns the vessel said. Iran’s marine and port authority said the Stena Impero left Iran Friday morning. The ship tracking website MarineTraffic.com showed the Stena Impero heading south from Iran at a speed of just over 14 mph (22 kph). Iran seized the tanker on July 19 in the Strait of Hormuz, the narrow mouth of the Persian Gulf through which 20% of all oil


A British-flagged oil tanker held by Iran since July was released Friday and was heading toward the United Arab Emirates, the company that owns the vessel said. Iran’s marine and port authority said the Stena Impero left Iran Friday morning. The ship tracking website MarineTraffic.com showed the Stena Impero heading south from Iran at a speed of just over 14 mph (22 kph). Iran seized the tanker on July 19 in the Strait of Hormuz, the narrow mouth of the Persian Gulf through which 20% of all oil
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Company: cnbc, Activity: cnbc, Date: 2019-09-27
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Iran releases seized UK-flagged tanker

A British-flagged oil tanker held by Iran since July was released Friday and was heading toward the United Arab Emirates, the company that owns the vessel said.

Iran’s marine and port authority said the Stena Impero left Iran Friday morning. Hours earlier, the tanker had begun transmitting its location for the first time in weeks just outside the Iranian port of Bandar Abbas, where it had been held since its seizure.

Erik Hanell, President and CEO of Swedish-based Stena Bulk, the ship’s owner, said the vessel and its crew had been released, and the ship would be transiting through Dubai for the crew to disembark and receive medical checks.

“The families of crew members have been informed and the company is currently making arrangements for the repatriation of its valued seafarers at the earliest possible opportunity,” Hanell said in a statement.

The ship tracking website MarineTraffic.com showed the Stena Impero heading south from Iran at a speed of just over 14 mph (22 kph).

Iran seized the tanker on July 19 in the Strait of Hormuz, the narrow mouth of the Persian Gulf through which 20% of all oil passes. The raid saw commandos rappel down onto the vessel via helicopter carrying assault rifles, dramatic images later replayed on state television.

The seizure came after British marines helped take control of an Iranian supertanker on July 4. Authorities in Gibraltar, a British overseas territory, seized the ship carrying $130 million in crude oil on suspicion it was breaking European Union sanctions by taking the oil to Syria. Gibraltar later released the tanker, then called the Grace 1, after it said Iran promised the ship wouldn’t go to Syria.


Company: cnbc, Activity: cnbc, Date: 2019-09-27
Keywords: news, cnbc, companies, iran, ship, seized, oil, stena, crew, syria, releases, released, tanker, vessel, ukflagged


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Pentagon to deploy Patriot missile system to Saudi Arabia after Iran oil attacks

Soldiers talk after a routine inspection of a Patriot missile battery at a Turkish military base in Gaziantep, Turkey. Defense Secretary Mark Esper has “approved putting additional forces on prepare to deploy orders,” Pentagon spokesman Jonathan Hoffman wrote in a statement. “While no decision has been made to deploy these additional forces, they will maintain a heightened state of readiness.” Those additional forces include two Patriot missile artillery batteries and one Terminal High Altitude


Soldiers talk after a routine inspection of a Patriot missile battery at a Turkish military base in Gaziantep, Turkey. Defense Secretary Mark Esper has “approved putting additional forces on prepare to deploy orders,” Pentagon spokesman Jonathan Hoffman wrote in a statement. “While no decision has been made to deploy these additional forces, they will maintain a heightened state of readiness.” Those additional forces include two Patriot missile artillery batteries and one Terminal High Altitude
Pentagon to deploy Patriot missile system to Saudi Arabia after Iran oil attacks Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-09-26  Authors: amanda macias
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Pentagon to deploy Patriot missile system to Saudi Arabia after Iran oil attacks

U.S. Soldiers talk after a routine inspection of a Patriot missile battery at a Turkish military base in Gaziantep, Turkey.

WASHINGTON — The Pentagon on Thursday announced that the U.S. will send a Patriot missile battery, radars and roughly 200 support personnel to Saudi Arabia in the wake of the attacks on its oil facilities earlier this month.

Defense Secretary Mark Esper has “approved putting additional forces on prepare to deploy orders,” Pentagon spokesman Jonathan Hoffman wrote in a statement. “While no decision has been made to deploy these additional forces, they will maintain a heightened state of readiness.”

Those additional forces include two Patriot missile artillery batteries and one Terminal High Altitude Area Defense, or THAAD missile defense system.

THAAD, one of the world’s most advanced missile systems, can target incoming missiles and blast them out of the sky. THAAD interceptors, fired from a truck-based launcher, use kinetic energy to deliver “hit to kill” strikes to ballistic threats.

“It is important to note these steps are a demonstration of our commitment to regional partners, and the security and stability in the Middle East. Other countries have called out Iranian misadventures in the region, and we look for them to reinforce Saudi Arabia’s defense,” Hoffman wrote.


Company: cnbc, Activity: cnbc, Date: 2019-09-26  Authors: amanda macias
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Pentagon will deploy US forces to the Middle East after attack on Saudi Arabia oil facilities

WASHINGTON — The Pentagon will deploy U.S. forces to the Middle East on the heels of strikes on Saudi Arabian oil facilities, U.S. Secretary of Defense Mark Esper announced Friday. On Thursday, the Pentagon called the recent strikes on the Saudi Arabian oil facilities as “sophisticated” and represented a “dramatic escalation” in tensions within the region. Damaged installation at Saudi Arabia’s Khurais oil processing plant, pictured on September 20, 2019. Saudi coalition spokesman Col. Turki al-


WASHINGTON — The Pentagon will deploy U.S. forces to the Middle East on the heels of strikes on Saudi Arabian oil facilities, U.S. Secretary of Defense Mark Esper announced Friday. On Thursday, the Pentagon called the recent strikes on the Saudi Arabian oil facilities as “sophisticated” and represented a “dramatic escalation” in tensions within the region. Damaged installation at Saudi Arabia’s Khurais oil processing plant, pictured on September 20, 2019. Saudi coalition spokesman Col. Turki al-
Pentagon will deploy US forces to the Middle East after attack on Saudi Arabia oil facilities Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-09-20  Authors: amanda macias
Keywords: news, cnbc, companies, deploy, arabia, attack, trump, strikes, saudi, oil, drone, iran, sophisticated, middle, military, forces, east, pentagon, dramatic, facilities


Pentagon will deploy US forces to the Middle East after attack on Saudi Arabia oil facilities

WASHINGTON — The Pentagon will deploy U.S. forces to the Middle East on the heels of strikes on Saudi Arabian oil facilities, U.S. Secretary of Defense Mark Esper announced Friday. “The president has approved the deployment of U.S. forces which will be defensive in nature and primarily focused on air and missile defense,” Esper said, adding that Saudi Arabia requested the support. “We will also work to accelerate the delivery of military equipment to the Kingdom of Saudi Arabia and the UAE to enhance their ability to defend themselves,” he added. President Trump has said that it “certainly looks” as if Iran appears to be responsible for the attack, but that he wants to avoid war.

This has been a dramatic escalation of what we have seen in the past. This was a number of airborne projectiles, was very sophisticated, coordinated and it had a dramatic impact on the global markets. Jonathan Hoffman Pentagon spokesman

Esper reiterated that the United States does not seek a conflict with Iran and called on Tehran to return to diplomatic channels. He also said that there could be additional U.S. deployments if the situation were to escalate. On Thursday, the Pentagon called the recent strikes on the Saudi Arabian oil facilities as “sophisticated” and represented a “dramatic escalation” in tensions within the region. “This has been a dramatic escalation of what we have seen in the past. This was a number of airborne projectiles, was very sophisticated, coordinated and it had a dramatic impact on the global markets,” Pentagon spokesman Jonathan Hoffman said, adding that the strike is an international problem. A CNBC crew visiting the Khurais site that was attacked saw melted pipes and burnt areas which crews were busy repairing. Officials said that 30% of the facility was back up and running within 24 hours, and that full production at Khurais would be reached before the end of September.

Damaged installation at Saudi Arabia’s Khurais oil processing plant, pictured on September 20, 2019. Umair Sultan

The strikes on the world’s largest crude-processing plant and oil field forced the kingdom to shut down half of its production operations. What’s more, the event triggered the largest spike in crude prices in decades and renewed concerns of a budding conflict in the Middle East. All the while, Iran maintains that it was not behind the attacks. On Wednesday, Saudi Arabia’s defense ministry said that drone and missile debris recovered by investigators shows Iranian culpability. Saudi coalition spokesman Col. Turki al-Maliki said during a press briefing in Riyadh that all military components retrieved from the oil facilities “point to Iran.” The latest confrontation follows a string of attacks in the Persian Gulf in recent months. In June, U.S. officials said an Iranian surface-to-air missile shot down an American military surveillance drone over the Strait of Hormuz. Iran said the aircraft was over its territory. Hours later, Trump said Iran made a “very big mistake” by shooting down the spy drone. The downing came a week after the U.S. blamed Iran for attacks on two oil tankers in the Persian Gulf region and after four tankers were attacked in May. The U.S. in June slapped new sanctions on Iranian military leaders blamed for shooting down the drone. The measures also aimed to block financial resources for Iran’s Supreme Leader Ayatollah Ali Khamenei. Though Trump has threatened to bring military action or even “fire and fury” against American adversaries, he has also said he does not want to throw the U.S. into another prolonged military conflict. In a tweet Tuesday, Trump called his measured response to the strikes “a sign of strength that some people just don’t understand!”

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Company: cnbc, Activity: cnbc, Date: 2019-09-20  Authors: amanda macias
Keywords: news, cnbc, companies, deploy, arabia, attack, trump, strikes, saudi, oil, drone, iran, sophisticated, middle, military, forces, east, pentagon, dramatic, facilities


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