The Republic of Iran brought new unrest to the Middle East and sent the price of oil above $100 per barrel last week when it issued an ominous warning to the U.S. Navy to keep the aircraft carrier John C. Stennis out of the strategically vital Straits of Hormuz.
According to the Iranian Students News Agency, the Iranian armed forces commander, Gen. Ataollah Salehi, issued the following statement:
“We warn this ship, which is considered a threat to us, not to come back, and we do not repeat our words twice,” Salehi said.
In addition, foreign ministers from the European Union are expected to meet later this month to discuss a proposed embargo of Iranian oil in an attempt to pressure Tehran over its nuclear program.
Read more HERE.