01 July 2012

Anything Can Happen

11 Tamuz 5772

SYRIA
Assad's fate unclear in world powers' Syria plan

GENEVA--World powers struck an agreement that a transitional government should be set up in Syria to end the conflict there but they remained at odds over what part President Bashar al-Assad might play in the process.

IRAN
EU oil embargo on Iran takes effect. Gulf braced for backlash, Hormuz closure

The European oil embargo taking effect Sunday, July 1 blocks the sale to European Union members of 1 million, or one third, of Iran’s daily output of 3.3 million barrels a day. ...Braced against potential reprisals from Tehran, Saud Arabia and fellow Gulf nations have placed their armies on alert. Completing a deployment begun last Thursday for possible intervention in Syria, Saudi Arabia has massed units on its borders with Jordan, Iraq and Kuwait. The United Arab Emirates sea, air and special forces are on a state of readiness, as are US Fifth Fleet vessels in Gulf waters.

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