Iran yesterday began 10 days of war games around the Strait of Hormuz, a vital route in the Gulf through which more than a third of the world\'s ship-borne oil passes. The Velayat-90 military exercises, announced on Thursday by navy chief Admiral Habib Allah Sayari, kicked off as planned, Iran\'s Arabic-language broadcaster Al Alam reported. Iranian navy forces were being deployed throughout the war game area to the east of the Strait of Hormuz, comprising the Gulf of Oman around to the Gulf of Aden, in the first phase of the exercises, Al Alam said, citing navy command. The exercises were taking place at a time of heightened tensions between Iran and the West, with sanctions being ramped up over Tehran\'s nuclear programme. The United States, which maintains its own navy presence in the Gulf, has noted Iran\'s drill. Tehran in September rejected a Washington call for a military hotline between the capitals to defuse any \"miscalculations\" that could occur in the Gulf. Currency depreciation The war games were ordered as the United States and its allies ratchet up economic sanctions on Iran, targeting its oil and financial sectors. More measures were expected to be imposed in coming weeks. The sanctions have helped fuel a depreciation of Iran\'s currency, the rial. A rumour that spread last Tuesday from an Iranian lawmaker\'s comments that Tehran was to block the Strait of Hormuz in the drill sent the rial to a new low and oil prices soaring before it was denied by the government. But while the foreign ministry said last week such drastic action was \"not on the agenda,\" it reiterated Iran\'s threat of \"reactions\" if the current tensions with the West spilled over into open confrontation. Most Western countries believe Iran is seeking nuclear weapons, despite Tehran\'s denials. Iran-US tensions have also worsened over US accusations of a thwarted Iranian plot to kill the Saudi ambassador to Washington, Iran\'s capture this month of a CIA drone, and Tehran\'s arrest and detention of an American-Iranian it alleges is a CIA spy.
GMT 01:03 2018 Wednesday ,24 January
Trump 'imitates' Modi's accent in private conversation: ReportGMT 21:24 2018 Tuesday ,23 January
Puigdemont accuses EU of not defending rights in CataloniaGMT 21:18 2018 Tuesday ,23 January
Vietnam oil exec 'kidnapped' from Germany jailed for lifeGMT 21:08 2018 Tuesday ,23 January
Turkey in new assault on Kurdish militiaGMT 21:04 2018 Tuesday ,23 January
Turkey detains 24 over 'terror propaganda'GMT 20:52 2018 Tuesday ,23 January
Dawoodi Bohra leader arrives in DubaiGMT 22:09 2018 Monday ,22 January
Israel apologises to JordanGMT 16:11 2018 Sunday ,21 January
Pope condemns criminals in crime-stricken Peruvian city

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor