Saturday 7 January 2012

Iran crisis - news

Iran announce its plans on 6 jan  for a new military exercises which is in the world’s most importantin in the oil shipping lane, that leads to bellicose gestures towards the Westerns as new sanctions that threaten Tehran’s oil exports.

The United States of America, whose Fifth Fleet is based in the area as far more powerful than the Iran’s naval forces, said it will ensure internationally waters of the strait to stay open. Britain said on 5 jan that any attempt which close it will be illegal and unsuccessful.

Most of the traders believed that the Iran would still be able to find the buyers,  for its exports records of oil of  2.6 million barrels per day (bpd). But it might have to offered steep discount that will reduce the revenue  that needs to feed for 74 million people.


Nuclear programme:

The Diplomatic sources in Vienna said that the Iran have come closer in recent weeks to starting the uranium enrichment process deeply inside a mountain range at a protected area near to the holy city of Qom.

Iran is already to refining uranium to the fissile purity of 20% — is far more than 3.5%  level usually require to power the nuclear energy plants in the country — above ground at the another site.

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