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16.02.26 - 20:24
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Strait Showdown: Iran Launches "Smart Control" Exercise At Oil Transit Point (ZeroHedge)
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Strait Showdown: Iran Launches "Smart Control" Exercise At Oil Transit Point
Iran's elite Islamic Revolutionary Guard Corps (IRGC) kicked off naval drills Monday in the strategically vital Strait of Hormuz, according to state media.
The exercise, dubbed "Smart Control of Hormuz Strait," is being carried out by IRGC naval forces under the direct supervision of the Guards' top command, state television reported, with semi-official Tasnim news agency describing the drills as testing combat readiness against "possible security and military threats." Energy markets are watching closely.
IRNA: IRGC Navy conducts a hybrid, live exercise dubbed "Smart Control of the Strait of Hormuz."
Under the supervision of IRGC Commander-in-Chief Major General Mohammad Pakpour, a state media press release described the exercise further as "A rapid, decisive, and comprehensive response to maritime security threats form the core focus of the intelligence and operation...
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16.02.26 - 14:12
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Amid Saber-Rattling, Iran Touts Economic Benefits To West If Nuclear Deal Reached (ZeroHedge)
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Amid Saber-Rattling, Iran Touts Economic Benefits To West If Nuclear Deal Reached
Days ahead of another round of talks with US negotiators -- and on the heels of more saber-rattling by the Trump administration -- Iran is touting the potential mutual economic benefits of a deal that would terminate the West's long-running sanctions regime against the second-largest and second-most-populous country in the Middle East.
"For the sake of an agreement's durability, it is essential that the U.S. also benefits in areas with high and quick economic returns," said Iranian Deputy Director for Economic Diplomacy Hamid Ghanbari on Sunday, according to Iran's FARS news agency. He said that, during negotiations, there had been discussion of what FARS called "shared interests in the fields of oil, gas, mining and even aircraft purchases."
An IranAir Airbus A330 lands in Amsterdam (Nicolas Economou/ Nurphoto via Getty and Forbes)
Sanctions have long thwarted Iran's need to upda...
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16.02.26 - 07:39
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Iran: Technische Gespräche mit UN-Atomwächtern (DPA-AFX)
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TEHERAN/GENF (dpa-AFX) - Der Iran will im Streit um das heimische Nuklearprogramm hochrangige Gespräche mit der Internationalen Atomenergieorganisation IAEA führen. Außenminister Abbas Araghtschi kündigte für Montag in Genf eine "tiefgehende technische ......
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