Word: striking
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...last serious disruption in global supplies came 30 years ago, during Iran's revolution, when oil-field workers joined a national strike, effectively taking Iran's 6 million bbl. a day off global oil markets. Back then, Iran's exports accounted for 10% of the world's oil supplies - compared with just 5% today. World oil prices tripled in nine months, from $12.80 a bbl. in September 1978 to $34.40 in June 1979, at the height of the Iran hostage crisis...
...Obama Administration has hastened to correct the impression that Biden's comments represented a U.S. nod and wink to an Israeli air strike. The Vice President had said that while the U.S. believes that military action against Iran would serve neither American nor Israeli interests, Israel is a sovereign nation, and if it felt threatened by Iran, it would be "entitled to" launch an attack on the Islamic Republic "whether we agree or not." President Obama reiterated in Moscow on Monday that he opposes military action against Iran and instead wants a diplomatic solution to the nuclear standoff. But Prime...
...Biden's comments caused a stir precisely because U.S. officials have scrupulously avoided making comments that Iran might interpret as a green light from Washington for an Israeli strike. "That leads me to infer that [Biden's] was a planned statement," says Cliff Kupchan, director of Europe and Eurasia at the Eurasia Group, a risk consultancy in Washington. "It is very rare for any U.S. official, [much] less the Vice President, to make concrete comments on the possibility of an Israeli military strike on Iranian nuclear facilities." Kupchan warned in a note on Tuesday that Iran could interpret Biden...
...trying to find a way of getting an inquiry that can satisfy people.' BROWN, saying he's attempting to strike a balance between promoting public trust and protecting national security...
...unrelated to the Helmand operation.) Casualty figures will probably rise, however, because the Taliban, having declined to go toe-to-toe with the Marines and instead having melted into the civilian population, will probably resort to asymmetrical warfare tactics like using improvised explosive devices (IEDs). On Saturday, an IED strike killed two U.S. troops in eastern Afghanistan, while another on Thursday killed two British troops elsewhere in Helmand. Stationing Marines among the local population will increase the risk of such attacks, until U.S. forces are able to win over residents through providing development aid and security. To do so, they...