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Israeli warplanes practice in Iraq
The Jerusalem Post
July 11, 2008
Israel Air Force (IAF) war planes are practicing in Iraqi airspace and land on US airbases in the country as a preparation for a potential strike on Iran, sources in the Iraqi Defense Ministry told a local news network on Friday.
The report, which was also carried by Iranian news outlets, claimed that recently massive IAF overnight presence was detected in several American held airbases.
The Jerusalem Post could not confirm the veracity of the report.
According to the sources, former military officers in the Anbar province said IAF jets arrive during the night from Jordanian airspace, enter Iraq?s airspace and land on a runway near the city of Hadita. The sources estimated the jets were practicing for a raid on Iran?s nuclear sites.
The sources also said the American bases in Iraq might serve as a platform for the IAF from which to attack Iran. If Israeli warplanes will take off from Iraq, they can reach Bushehr in five minutes - a ?record time,? the sources said.
OPEC chief warns of ?unlimited? oil prices if Iran is attacked
James Kanter
International Herald Tribune
July 10, 2008
The head of the Organization of Petroleum Exporting Countries warned Thursday that oil prices would see an ?unlimited? increase in the case of a military conflict involving Iran, because the group?s members would be unable to make up the lost production.
?We really cannot replace Iran?s production - it?s not feasible to replace it,? Abdalla Salem El-Badri, the OPEC secretary general, said in an interview.
Iran, the second-largest producing country in OPEC, after Saudi Arabia, produces about four million barrels of oil a day out of the daily worldwide production of close to 87 million barrels.
The country has been locked in a lengthy dispute with Western nations over its nuclear ambitions.
In recent weeks, the price of oil has risen higher on speculation that Israel could be preparing to mount an attack on the country?s nuclear facilities. The saber-rattling intensified this week with missile tests by Iran.
The Jerusalem Post
July 11, 2008
Israel Air Force (IAF) war planes are practicing in Iraqi airspace and land on US airbases in the country as a preparation for a potential strike on Iran, sources in the Iraqi Defense Ministry told a local news network on Friday.
The report, which was also carried by Iranian news outlets, claimed that recently massive IAF overnight presence was detected in several American held airbases.
The Jerusalem Post could not confirm the veracity of the report.
According to the sources, former military officers in the Anbar province said IAF jets arrive during the night from Jordanian airspace, enter Iraq?s airspace and land on a runway near the city of Hadita. The sources estimated the jets were practicing for a raid on Iran?s nuclear sites.
The sources also said the American bases in Iraq might serve as a platform for the IAF from which to attack Iran. If Israeli warplanes will take off from Iraq, they can reach Bushehr in five minutes - a ?record time,? the sources said.
OPEC chief warns of ?unlimited? oil prices if Iran is attacked
James Kanter
International Herald Tribune
July 10, 2008
The head of the Organization of Petroleum Exporting Countries warned Thursday that oil prices would see an ?unlimited? increase in the case of a military conflict involving Iran, because the group?s members would be unable to make up the lost production.
?We really cannot replace Iran?s production - it?s not feasible to replace it,? Abdalla Salem El-Badri, the OPEC secretary general, said in an interview.
Iran, the second-largest producing country in OPEC, after Saudi Arabia, produces about four million barrels of oil a day out of the daily worldwide production of close to 87 million barrels.
The country has been locked in a lengthy dispute with Western nations over its nuclear ambitions.
In recent weeks, the price of oil has risen higher on speculation that Israel could be preparing to mount an attack on the country?s nuclear facilities. The saber-rattling intensified this week with missile tests by Iran.
