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Paul Jamiol, Jamiol’s World
Gates: New US Carrier in Gulf a “Reminder” to Iran
By David Morgan
Tuesday 29 April 2008
Mexico City – The US Navy has temporarily added a second aircraft carrier in the Gulf as a “reminder” to Iran, but this was not an escalation of American forces in the region, U.S. Defense Secretary Robert Gates said on Tuesday.
Speaking to reporters during a trip to Mexico, Gates flatly denied a suggestion that the presence of two US carriers in the Gulf could be a precursor to military action against Tehran.
“This deployment has been planned for a long time,” Gates said. “I don’t think we’ll have two carriers there for a protracted period of time. So I don’t see it as an escalation. I think it could be seen, though, as a reminder.”
It just so happens this was announced about the same time as this hit the news:
April 29, 2008
Iran, OPEC’s second-largest producer, has stopped conducting oil transactions in U.S. dollars, a top Oil Ministry official said Wednesday, in a concerted attempt to reduce reliance on Washington at a time of tension over Tehran’s nuclear program and suspected involvement in Iraq.
Iran has dramatically reduced dependence on the dollar over the past year in the face of increasing U.S. pressure on its financial system and the fall in the value of the American currency.
Oil is priced in dollars on the world market, and the currency’s depreciation has concerned producers because it has contributed to rising crude prices and eroded the value of their dollar reserves.
“The dollar has totally been removed from Iran’s oil transactions,” Oil Ministry official Hojjatollah Ghanimifard told state-run television Wednesday. “We have agreed with all of our crude oil customers to do our transactions in non-dollar currencies.”
Iranian President Mahmoud Ahmadinejad called the depreciating dollar a “worthless piece of paper” at a rare summit last year in Saudi Arabia attended by state leaders from OPEC countries.
Just a quick reminder..
Right before we attacked Iraq, Saddam Hussein quit trading in dollars and went to Euros. After we invaded, and took out Saddam, we quietly changed it back to dollars for oil trading.
What does all of this have to do with Cheney’s recent trips to the ME? Is this the ‘urgency’ and the rising BOOM BOOM BOOM of these beating war drums?