Iran Threatens Us Over Aircraft Carrier's Return

The HeraldJanuary 04, 2012

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Summary


Iran has threatened to take action if the United States Navy moves an aircraft carrier into the Gulf. It is Tehran's most aggressive statement yet after weeks of sabre-rattling as new US and European Union sanctions take a toll on its economy.

The prospect of sanctions targeting the oil sector in a serious way for the first time has hit Iran's rial currency, which has fallen by 40% against the US dollar in the past month. Queues formed at banks and currency exchange offices shut their doors as Iranians scrambled to buy dollars to protect their savings.

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Extract


Iran Threatens Us Over Aircraft Carrier's Return

Army chief Ataollah Salehi said the US had moved an aircraft carrier out of the Gulf because of Iran's naval exercises, an...

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