Sunday, July 15, 2012
New Middle East pipeline bypasses the Strait of Hormuz
A short crude oil pipeline connecting the United Arab Emirates (UAE) with a harbor on the Gulf of Oman being inaugurated on Sunday, July 15, 2012 in the Arabian Gulf. Iran will be the biggest loser is this game of brinkmanship and a game changer in future negotiations as a bargaining chip. Ironically, the Iranian theocrats are the main cause of this attempt to skirt the Arabian Gulf, which is currently being used by Very Large Crude Carriers to ship 20% of the world demand for crude oil. This pipeline is a reaction to Iran’s overt threats to shut down the Strait of Hormuz if the US, Europe, Israel and Saudi Arabia push them against the wall over nuclear fuel enrichment and allow UN nuclear inspectors into facilities possibly used for this purpose. The US military has already bolstered its presence in the region and sent four mine sweeper ships in early June, joining four other mine sweeping vessels already in the region, according to its Bahrain-based Fifth Fleet spokesperson. On Thursday, July 12, 2012 US officials said the United States deployed a fleet of robot subs in the Gulf to prevent Iran from blocking the strategic Strait of Hormuz with mines making good on their official pronouncements. And in late April, a squadron of F-22 stealth fighters was sent to an air base in the United Arab Emirates.