Iranian Attack on Outbound Tanker in Hormuz…

Featured Story

Yet another attack has occurred in the Strait of Hormuz, this time on a foreign tanker on an outbound transit route, which Iran and Oman claim to directly oversee and administer according to the terms of the Oman deal for managing the strait which is still being finalized.

UK Maritime Trade Operations says Tuesday that the unknown projectile caused engine-room damage and a crew casualty, with the remaining crew being rescued and assisted by the Omani Coast Guard.

Such attacks which mark enforcement of Iran’s protocol and claim of control over the vital energy transit waterway have been steady, though not rapid, over the last several weeks. Oil prices have been on the rise this week, also as it continues to be clear that Washington and Tehran are digging in with their competing maximum demands.

Houthis Escalate in Red Sea

Hormuz isn’t the only chokepoint still witnessing active conflict. Waters off Yemen and the Red Sea also continue to heat up, with the Iranian-allied Houthi rebels still escalating.

According to The Wall Street Journal on Tuesday, the group is “shutting down operations at a strategic seaport and pushing closer to the Bab al-Mandeb Strait, an important global shipping chokepoint.”

The report cites Yemeni authorities to describe, “The militant group’s recent missile and drone attacks forced the closure of the port of Mokha, a key logistics hub for civilian shipping and for anti-Houthi forces operating along the coast.”

According to more on the significance:

“This is the most significant escalation in quite a few years, maybe since 2020,” said Adam Baron, a Yemen expert and fellow with New America, a policy institute in Washington.

Baron called the port of Mokha the key logistics hub for anti-Houthi forces on the Red Sea. The Houthis control mountainous terrain inland from the Bab al-Mandeb but not the coast along the crucial waterway, which is held by opposing forces. 

No Movement on Talks until After Oman Deal Signed: Qatar

On the question of finding a path toward broader US-Iran peace, there’s still no movements on talks. Qatar is even openly saying that its direct mediation efforts won’t resume until the Oman deal is finalized – which critics have complained gives Iran de facto control of operations in the Strait of Hormuz.

“Qatar’s Foreign Ministry spokesman Majed al-Ansari says during a news conference that countries mediating between Iran and the US are waiting for Iran and Oman to announce an expected agreement on transit through the Strait of Hormuz, before pushing Washington and Tehran to resume negotiations aimed at ending their war,” Al Jazeera reports.

President Trump’s latest rhetoric and social media activity is not going to help the cause of peace, or the two sides getting back to the negotiating table. After verbalizing Monday that the US should declare the Hormuz Strait a US territory, he posted the following to Truth Social on Tuesday:

All of this comes on the heels of the 60-day diplomatic window set by the MoU inked in June has expired. Tehran said it was already effectively dead anyway, and thus “irrelevant” – blaming Washington for having violated its terms on multiple occasions.

Rough Road to November

Trump is meanwhile ultimately sticking to the following as an ultimate goal of the Iran conflict: “The number one Goal is, and always will be, that Iran cannot have, in any way, shape, or form, a Nuclear Weapon. Thank you for your attention to this matter! President DONALD J. TRUMP,” he earlier stated on Truth Social.

The path to midterm elections in November continues to be a rough one for the US administration, and the pain is likely to continue for at least the time being…

Not only has Iran not backed down, but its military is newly claiming to take an “offensive” posture and has reshuffled its command accordingly. If there are new tit-for-tat attacks, Tehran is in essence saying the next salvo will go bigger.

Don't Miss

China’s Stock Market Is in Free Fall 1/18/24

By StevieRay Hansen

After a challenging couple of years for the Chinese economy, the country’s stock market appears to be in free fall, with officials urging institutional investors…

Citigroup Will Shed 20,000 Positions by 2026 Following a $1.8 Billion a Shortfall 1/17/24

By StevieRay Hansen

2026 job cuts by Citigroup following a $1.8 billion lossOver the next two years, Citigroup anticipates cutting 20,000 positions, or roughly 10% of its staff,…

Jamie Dimon Hires Dodd-Frank Hatchet Man to Weigh Suing the Fed Over Proposed Capital Rules 1/16/24

By StevieRay Hansen

y Pam Martens and Russ Martens: January 16, 2024 ~ Read moreWells Fargo is the smallest of the four giants that now dominate the U.S. commercial banking…

Bitcoin Vs Marx: Two Competing Geopolitical Domino-Theories

By StevieRay Hansen

by Tyler Durden Authored by Robert Malka via BitcoinMagazine.com, Read moreBankster are member of the banking industry seen as profiteering or dishonest.Marxism and Bitcoin have…

Three Branches of U.S. Government Have Kept the Secrets of Jeffrey Epstein’s Money Man, Leslie Wexner, Locked Up Tight, Now the House of Cards Fall!

By StevieRay Hansen

By Pam Martens and Russ Martens: January 12, 2024 ~ Leslie Wexner (left); Jack Kessler (right). Both men were involved in the New Albany Company with Jeffrey…

Posted in

Stevie Ray

Leave a Reply

Your email address will not be published. Required fields are marked *