NEWS FLASH

Iran Pushes Law To Bar Foreign Warships From The Persian Gulf | After a threat to shut down the Strait of Hormuz, a major oil transit point, was more or less exposed as a bluff, Iran is now turning its focus to foreign warships in the Persian Gulf. The U.S. Navy dismissed a threat against its aircraft carrier as more bluster, but a newly proposed law in Iran’s majles, or parliament, moves toward codifying a ban on the foreign warships. Responding to the threat against the carrier yesterday, a U.S. Naval commander noted that the U.S. operates in the Gulf “under international maritime conventions.”