Iran literally is surrounded by American troops, notes an oil market analyst, Energy and Capital editor Christian A. DeHaemer. There is no evidence of an imminent attack, but he connects a number of recent events and the presence of American soldiers to warn that oil prices might soar — with or without a pre-emptive strike aimed at stopping Iran’s nuclear power ambitions.

Iran is bordered on the east by Pakistan and Afghanistan, where U.S. troops have been waging a costly war, in terms of money and lives, against Taliban, Al-Qaeda and other terrorists.

The Persian Gulf is on Iran’s southern border, and last week’s report, confirmed by the Pentagon, that 11 warships had sailed through the Suez Canal, raised alarm bells that the U.S. is ready to fight to keep the Persian Gulf open.

Iran has threatened it could close the waterway, where 40 percent of the world’s oil flows in tankers, if the United Nations or the United States by itself carry out harsh energy sanctions against the Islamic Republic. An Israeli ship has also reportedly joined the U.S. armada.

Kuwait, which is heavily armed by the U.S. and is home to American bases, is located on the southwestern border of Iran. The country’s western neighbors are Turkey and Iraq, also home to American bases, and Turkmenistan, the Caspian Sea and Azerbaijan are the Islamic Republic’s northern neighbors.

Read Full Story

Comments