U.S. holds navy exercise after Iran comments on Gulf
Things are heating up in The Gulf. The issue, as I understand it, hinges on the capability's of the Iranian missiles. With the help of the Chinese, the Iranians reportedly have acquired missile technology which can sink any vessel off their coast. This is obviously problematic for the American's who depend on the security of the Gulf to stage their operations. It is also a problem for those concerned with skyrocketing oil prices.
DUBAI (Reuters) - The U.S. Navy said on Monday it was carrying out an exercise in the Gulf, days after vowing that Iran will not be allowed to block the waterway which carries crude from the world's largest oil-exporting region.
"The aim of Exercise Stake Net is to practice the tactics and procedures of protecting maritime infrastructure such as gas and oil installations," Commodore Peter Hudson said in a U.S. Fifth Fleet statement.
The head of Iran's Revolutionary Guards said in remarks published late last month that Tehran would impose controls on shipping in the Gulf and the strategic Strait of Hormuz if it was attacked.