Iran ended a 10-day naval exercise in which a US aircraft carrier, the USS John C Stennis, passed through the Strait of Hormuz. Iran warned the US not to return the vessel into the Gulf.
Iran ended a 10-day naval exercise in which a US aircraft carrier, the USS John C Stennis, passed through the Strait of Hormuz. Iran warned the US not to return the vessel into the Gulf.

US rejects Iran warning to keep vessel out of Gulf



TEHRAN // The United States vowed to keep American warships deployed in the Gulf region, despite Iran's army chief warning an American aircraft carrier not to return to the area.

Iranian General Ataollah Salehi, speaking as a 10-day Iranian naval exercise ended near the Strait of Hormuz, told a US aircraft carrier, the USS John C Stennis, not to come back, a move that seemed aimed at further depicting the strait and the Gulf as under Iran's domination.

"We recommend to the American warship that passed through the Strait of Hormuz and went to Gulf of Oman not to return to the Persian Gulf," Gen Salehi said.

In response, Pentagon press secretary George Little said: "The deployment of US military assets in the Persian Gulf region will continue as it has for decades."

Iranian officials have said the naval drill aimed to show Iran could close the vital oil passage, as it has threatened to do if the United States enacts strong new sanctions over Iran's nuclear programme.

A third of the world's tanker-borne oil passes through the strait.

Oil prices rose to more than US$101 (Dh370) a barrel yesterday amid concerns rising tensions between western powers and Iran could disrupt crude oil supplies.

The jump came a day after Iran test-fired a surface-to-surface cruise missile as part of the manoeuvres, prompting Iran's navy chief to boast the strait is "completely under our control".

He said Iran's enemies have understood the message of the naval exercises. "We have no plan to begin any irrational act but we are ready against any threat."

The aircraft carrier and another vessel exited the Gulf through the strait a week ago, after a visit to Dubai's Jebel Ali port, according to the US navy's Bahrain-based Fifth Fleet.

Iran's sabre-rattling over the strait and the Gulf has come in response to US preparations to impose tough new sanctions that would ban dealings with Iran's central bank. That would deeply hurt Iran's oil exports since most countries and companies use the bank to conduct purchases of Iranian crude.

Iran relies on oil revenues for 80 per cent of its budget and a cut-off would be devastating to its already weakening economy.

The US president, Barack Obama, has signed the sanctions into law but has not yet enacted them. The sanctions would be the strongest by the US, aimed at forcing Tehran to back off its nuclear programme, which many in the West say is intended to produce a nuclear weapon. Iran deniesthis, saying its programme is for civilian use.

The US measures are in addition to four sets of UN sanctions imposed over Iran's nuclear activities, and the European Union is expected to announce sanctions of its own at the end of January.

But reports say the 27-nation bloc has not reached consensus.

The French foreign minister, Alain Juppe, said yesterday his country wants Europe to agree on sanctions similar to those passed in the US. He told a French television station there is "no doubt" Iran plans to build a bomb.

"This is why France, without closing the path of negotiation and dialogue with Iran, wants stricter sanctions," he said. The French president, Nicolas Sarkozy, has also proposed freezing the assets of Iran's central bank and an embargo on exports of Iranian oil, a move also being considered by the European Union.

"The American Congress has backed this idea and President Obama has just signed it into law and we hope that the Europeans, by January 30, take equivalent measures to show our determination," Mr Juppe said.

In London, British Prime Minister David Cameron's spokesman said: "This issue about a ban on oil and gas imports is something that we will be looking at and it will be discussed ... at a meeting at the end of January."

In 2010, EU customers accounted for 18 per cent of Iran's oil exports, with most of the rest going to Asia.

Iran and the EU said yesterday they were each waiting on the other to take steps on resuming long-stalled negotiations over Tehran's nuclear programme.

Iran's naval manoeuvres took place over a 2,000km stretch of water beyond the Strait of Hormuz at the mouth of the Gulf, as well as parts of the Indian Ocean and the Gulf of Aden, according to Iranian officials.

A leading Iranian member of parliament said on Sunday the manoeuvres served as practice for closing the strait if the West enacts sanctions blocking Iranian oil sales. Top Iranian officials made the same threat last week.

* Associated Press with additional reporting by Agence France-Presse

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COMPANY PROFILE
Name: Airev
Started: September 2023
Founder: Muhammad Khalid
Based: Abu Dhabi
Sector: Generative AI
Initial investment: Undisclosed
Investment stage: Series A
Investors: Core42
Current number of staff: 47
 
5 of the most-popular Airbnb locations in Dubai

Bobby Grudziecki, chief operating officer of Frank Porter, identifies the five most popular areas in Dubai for those looking to make the most out of their properties and the rates owners can secure:

• Dubai Marina

The Marina and Jumeirah Beach Residence are popular locations, says Mr Grudziecki, due to their closeness to the beach, restaurants and hotels.

Frank Porter’s average Airbnb rent:
One bedroom: Dh482 to Dh739 
Two bedroom: Dh627 to Dh960 
Three bedroom: Dh721 to Dh1,104

• Downtown

Within walking distance of the Dubai Mall, Burj Khalifa and the famous fountains, this location combines business and leisure.  “Sure it’s for tourists,” says Mr Grudziecki. “Though Downtown [still caters to business people] because it’s close to Dubai International Financial Centre."

Frank Porter’s average Airbnb rent:
One bedroom: Dh497 to Dh772
Two bedroom: Dh646 to Dh1,003
Three bedroom: Dh743 to Dh1,154

• City Walk

The rising star of the Dubai property market, this area is lined with pristine sidewalks, boutiques and cafes and close to the new entertainment venue Coca Cola Arena.  “Downtown and Marina are pretty much the same prices,” Mr Grudziecki says, “but City Walk is higher.”

Frank Porter’s average Airbnb rent:
One bedroom: Dh524 to Dh809 
Two bedroom: Dh682 to Dh1,052 
Three bedroom: Dh784 to Dh1,210 

• Jumeirah Lake Towers

Dubai Marina’s little brother JLT resides on the other side of Sheikh Zayed road but is still close enough to beachside outlets and attractions. The big selling point for Airbnb renters, however, is that “it’s cheaper than Dubai Marina”, Mr Grudziecki says.

Frank Porter’s average Airbnb rent:
One bedroom: Dh422 to Dh629 
Two bedroom: Dh549 to Dh818 
Three bedroom: Dh631 to Dh941

• Palm Jumeirah

Palm Jumeirah's proximity to luxury resorts is attractive, especially for big families, says Mr Grudziecki, as Airbnb renters can secure competitive rates on one of the world’s most famous tourist destinations.

Frank Porter’s average Airbnb rent:
One bedroom: Dh503 to Dh770 
Two bedroom: Dh654 to Dh1,002 
Three bedroom: Dh752 to Dh1,152 

The%20specs
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ENGLAND TEAM

Alastair Cook, Mark Stoneman, James Vince, Joe Root (captain), Dawid Malan, Jonny Bairstow, Moeen Ali, Chris Woakes, Craig Overton, Stuart Broad, James Anderson

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Karwaan

Producer: Ronnie Screwvala

Director: Akarsh Khurana

Starring: Irrfan Khan, Dulquer Salmaan, Mithila Palkar

Rating: 4/5

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The biog

Date of birth: 27 May, 1995

Place of birth: Dubai, UAE

Status: Single

School: Al Ittihad private school in Al Mamzar

University: University of Sharjah

Degree: Renewable and Sustainable Energy

Hobby: I enjoy travelling a lot, not just for fun, but I like to cross things off my bucket list and the map and do something there like a 'green project'.

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Coal Black Mornings

Brett Anderson

Little Brown Book Group 

COMPANY PROFILE
Name: HyperSpace
 
Started: 2020
 
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
 
Based: Dubai, UAE
 
Sector: Entertainment 
 
Number of staff: 210 
 
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners