Tag: Persian Gulf Countries

PGA Tour, Saudi Deadline Passes With No Deal—but Talks Will Continue
World

PGA Tour, Saudi Deadline Passes With No Deal—but Talks Will Continue

The stunning agreement last June between the PGA Tour and LIV Golf’s Saudi backers came with a deadline to hammer out a deal: the end of 2023. As New Year’s Eve came and went without a pact, the sides now say they are poised to continue negotiations into 2024. In a memo to players Sunday, PGA Tour commissioner Jay Monahan wrote that the goal remains to strike a finalized agreement—but it hasn’t happened yet. Instead, he said, there are “active and productive conversations” with Saudi Arabia’s Public Investment Fund and they are “working to extend our negotiations into next year based on the progress we have made to date.”Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
U.S. Navy Destroys Boats Controlled by Iran-Backed Militias in Red Sea
World

U.S. Navy Destroys Boats Controlled by Iran-Backed Militias in Red Sea

By Benoit Faucon and Carrie Keller-LynnUpdated Dec. 31, 2023 11:26 am ETListen to article(2 minutes)A U.S. Navy vessel destroyed three boats carrying pro-Iranian Yemeni rebels after they attacked a Danish-owned containership early Sunday, the latest in a string of assaults that have disrupted maritime traffic in the Red Sea. Meanwhile, Israeli forces raided what they described as a key Hamas command post in Khan Younis on Saturday, gathering intelligence as Israel searches for Hamas leaders and underground tunnels in the militant group’s southern stronghold, currently the focus of Israel’s ground campaign in the Gaza Strip.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Israel-Iran Tensions Fuel Fears War Could Spread Beyond Gaza
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Israel-Iran Tensions Fuel Fears War Could Spread Beyond Gaza

Updated Dec. 28, 2023 7:21 am ETIranian-backed militants and Israeli forces traded fire around northern Israel, heightening fears that the war in Gaza could spill into a broader regional conflict including Lebanon and Syria.The Israeli military said it returned fire on Wednesday after Hezbollah militants in Lebanon fired rockets into Israel. A separate Israeli airstrike on Wednesday killed three people, including two Lebanese-Australian citizens. An Iranian-backed Iraqi militia claimed responsibility for an uncrewed aircraft carrying explosives that crash-landed into part of the Golan Heights annexed by Israel.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
The Dominant Dollar Faces a Backlash in the Oil Market
Money

The Dominant Dollar Faces a Backlash in the Oil Market

Updated Dec. 28, 2023 12:00 am ETSome major emerging economies are dabbling in trading commodities without using the dollar, as they seek to reduce their reliance on the U.S. currency.Faced with U.S. sanctions and other restrictions, Russia and Iran in particular have stepped up oil sales in alternative currencies, and have found buyers in China, India and elsewhere that are happy to buy these exports, often at lower prices.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Iran Is Pushing Biden Around
Health

Iran Is Pushing Biden Around

Hours after Kataib Hezbollah injured three American troops with an attack on an air base in Iraq on Dec. 25, the U.S. struck back, hitting three facilities used by the Iran-backed militia. U.S. officials described the act as a proportionate retaliation to deter further attacks and mitigate the risk of a full-scale war between the U.S. and Iran. U.S. military officials say there have been 103 attacks against U.S. troops in Iraq and Syria since Oct. 17. Several Americans have been injured. The U.S. has retaliated half a dozen times against Iran’s Arab proxies in both countries. The math isn’t working for the Biden administration, and neither is time. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
America Needs a Middle East Strategy
Business

America Needs a Middle East Strategy

Nearly two months into Israel’s ground campaign, all eyes are on the Gaza Strip. Yet divisions over Gaza point to a disconnect between U.S. policy and strategic reality. The Middle East is headed toward a major war, for which the U.S. needs a strategy well beyond Gaza.Since late November, the Biden administration’s approach to the Gaza war has been to issue generic statements of discontent for domestic audiences absent policy action. Washington and Jerusalem disagree on their visions of postwar Gaza. The administration sees the Palestinian Authority as the most viable partner for governance there. Israel can’t accept this, given the authority’s corruption, incompetence and unpopularity in Gaza and the West Bank. A Palestinian Authority-governed Gaza would relapse into Hamas-style radicali...
Iran Adds to Pressure on U.S. With Nuclear Program Acceleration
World

Iran Adds to Pressure on U.S. With Nuclear Program Acceleration

Updated Dec. 26, 2023 6:06 pm ETIran has tripled production of nearly weapons-grade uranium in a move likely to deepen its confrontation with the West as Tehran helps allied militias to attack Israel and U.S. forces in the region. Iran’s decision to triple its production rate of near-weapons-grade uranium marks the collapse of quiet diplomatic efforts between Washington and Tehran to ease tensions. It comes amid a proliferation of flashpoints between the U.S. and Iran, whose proxies have repeatedly traded fire with U.S. forces in the Middle East since the bloody conflict between Israel and Hamas erupted on Oct. 7. U.S. and European navies are also shooting down drones launched by the Iran-backed Houthis in the Red Sea. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 879...
Biden Endangers U.S. Troops – WSJ
Health

Biden Endangers U.S. Troops – WSJ

It was going to happen sooner or later: American service members would be seriously hurt as Iran-backed militias conduct lethal target practice against U.S. bases in the Middle East. When will President Biden do his duty as Commander in Chief and protect Americans deployed abroad?Iranian proxies have attacked U.S. forces in the Middle East about 100 times since October, and on Monday an explosive drone made it past U.S. defenses at a base in Iraq. Two Americans were wounded and a third is in critical condition. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Iran Adds to Pressure on U.S. With Nuclear Program Acceleration
World

Iran Adds to Pressure on U.S. With Nuclear Program Acceleration

Dec. 26, 2023 10:07 am ETIran has tripled production of nearly weapons-grade uranium in a move likely to deepen its confrontation with the West as it helps Tehran-linked militias to attack Israel and U.S. forces in the region. Iran’s decision to triple its production rate of near-weapons-grade uranium marks the collapse of quiet diplomatic efforts between Washington and Tehran to ease tensions. It comes amid a proliferation of flashpoints between the U.S. and Iran, whose proxies have repeatedly traded fire with U.S. forces in the Middle East since the bloody conflict between Israel and Hamas erupted on Oct. 7. U.S. and European navies are also shooting down drones launched by the Iran-backed Houthis in the Red Sea. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cb...
How We Deterred Iran in the Gulf Last Time
Health

How We Deterred Iran in the Gulf Last Time

“We’re not in an armed conflict with the Houthis,” deputy Pentagon press secretary Sabrina Singh recently stressed, and “part of why we are in the region is to bolster our deterrence.”Such words aren’t assuring for our Navy ships in the Red Sea, which have been fending off missiles and attack drones fired by the Iran-backed rebels for the past several months. Yes, the Navy’s boast in an Army-Navy Game day video that one of our destroyers is 22-0 against Houthi fire is impressive and a testament to the skill of our Navy crews. But if the scoreboard flips to 100-1, Americans will demand to know why Iran didn’t feel all that deterred by our naval deployments and why our sailors were injured or killed. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c...