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Current Events

“A CLEAR THREAT”

America accuses Iran of attacking two oil tankers near a crucial waterway in the Middle East and threatening worldwide peace.

Current Events

Location Matters:

  • Two attacks Thurs. happened near a narrow waterway in the Middle East called the Strait of Hormuz:“the world’s most sensitive oil transportation choke point.”
  • Approx. 20% of all the oil in the world moves through this area.
  • Why It Matters: Disruption in oil trade there can impact prices for everyone, everywhere.
Current Events

Backstory:

  • April: U.S. pulls waivers given to countries to buy Iranian oil further enforcing U.S, sanctions, & further pressuring Iran’s economy. Iran promises retaliation.
  • May: 4 oil tankers reportedly attacked near Strait of Hormuz; oil pipelines attacked in Saudi Arabia. Rockets fired at U.S. embassy in Baghdad (later evacuated). U.S. blames Iran.
Current Events

“Taken as a whole, these unprovoked attacks present a clear threat to peace and security, a blatant assault on the freedom of navigation and an unacceptable campaign of escalating tension by Iran.”

Sec. of State Mike Pompeo says Iran is lashing out because of economic sanctions, enforced in reaction to Iranian terrorist activity and their further pursuit of nuclear weapons.
Current Events

“Iran stands ready to play an active and constructive role in ensuring the security of strategic maritime passages as well as promoting peace, stability and security in the region.”

Iran’s U.N. Mission. Iran denies any wrongdoing and accuses America of "intimidation and malign behavior.” This week, Iran accused the U.S. of waging "economic war" and Iran's Supreme Leader Ayatollah Khamenei rejected the possibility of diplomacy with the U.S.
Current Events

One of the ships attacked Thursday was Japanese owned. Japan's Prime Minister was wrapping up a historic trip to Iran; the first Japanese leader to meet with Iranian leadership in decades, in part of diplomatic efforts with the U.S.

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Seeking to squeeze Iran to the breaking point, the Trump administration announced in late April that it would end waivers that had allowed China, India, Japan, South Korea, and Turkey to continue importing about 1 million barrels of Iranian oil per day. The administration’s stated goal is to drive Iranian oil exports, the lifeblood of the country’s economy, to as close to zero as possible. Iran responded with renewed threats to close the Strait of Hormuz, a narrow waterway off Iran’s coast through which about 20 percent of global traded oil flows. And regime insiders have hinted that Iran could take other steps to disrupt oil exports from Saudi Arabia and the United Arab Emirates—archrivals of Tehran that have championed Trump’s maximum pressure campaign—by targeting oil shipments through the Bab el-Mandeb strait and the Red Sea, or by hitting Saudi and Emirati critical infrastructure with destructive cyberattacks.

 

Iran’s Supreme Leader: 

http://english.khamenei.ir/news/6844/I-don-t-consider-Trump-worth-sending-a-message-to-we-won-t-negotiate