The Gary Baumgarten Report
Wednesday, February 16, 2011
Israel tracking 2 Iranian warships heading toward Suez Canal
Israel is quite concerned that two
Iranian warships are preparing to transit the Suez Canal
en route to Syria.
Despite the recent turmoil in Egypt, authorities there managed to keep the
crucially important canal open
. There were some
worker protests at the canal
, but that didn’t stop it from operating.
Israel says it is tracking the warships and has called their anticipated presence in the Mediterranean Sea a
. Which means that Israel possibly could intervene.
Concern about a confrontation has caused
oil futures to skyrocket
. The Suez Canal is a major conduit for the flow of oil from the Middle East.
Share to Twitter
Share to Facebook
Share to Pinterest
Post a Comment
Post Comments (Atom)