Wednesday May 28, 2008

I'm Predicting:

There is a serious dispute brewing in the Straits of Harmuz.
Exactly half way between Iran and the United Arab Emirates (UAE) are three Islands - the largest is called Abu Musa, next is Greater Tunbs and the smallest island is Lesser Tunbs.
Both Iran and the UAE claim sovereignty over these three islands.

Why are these islands so in demand?
Resources - the islands have enormous oil reserves.
Location - the islands sit smack in the middle of the Straits which means control over the entire Persian Gulf.

The Arab world is up in arms that the Persians might take control. Historically, the British controlled the islands and gave them to the precursor of the UAE. The Shah of Iran claimed the islands immediately and struck a deal with the UAE whereby the islands would be under UAE control and Iranian protection. But the deal broke down.

The Iranians issued a statement yesterday claiming: "Misunderstanding between the countries, it will be resolved through bilateral talks."

The status of these 3 tiny islands which, by the way, claim nearly no residents, is of huge import in the Arab world.
The conflict may soon turn into an explosion.

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