APAnalysis: Persian Gulf tensions, drone attack and mysterious alleged sabotage raise risks across Mideast. By jongambrellAP.
An Emirati coast guard vessel passes an oil tanker off the coast of Fujairah, United Arab Emirates, Monday, May 13, 2019. Saudi Arabia said Monday two of its oil tankers were sabotaged off the coast of the United Arab Emirates near Fujairah in attacks that caused "significant damage" to the vessels, one of them as it was en route to pick up Saudi oil to take to the United States.
Just as what sparked the rapid series of market-moving events remains unclear; so does the reason for the White House deploying warships and B-52 bombers to the region. After pulling out of the deal last year, the U.S. began a maximalist pressure campaign against Iran. It re-imposed sanctions. It created new ones, for the first time naming a part of a country’s armed forces a terrorist organization and squeezing Iran by threatening sanctions on any nation importing its crude oil.
Iran announced May 8 it would back away from the nuclear deal. Four days later, on Sunday, everything suddenly changed. On Tuesday, there still were no clear answers but many questions. Where did the Lebanese channel get its information about the explosions? What damaged the ships? And why won’t anyone identify suspects involved in the alleged sabotage?
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