Iran and the Gulf States

Iran and the Gulf States

There is a major arms buildup going on as Gulf states respond to the rising threat of Iran in the region that could threaten their security. They are buying billions of dollars of weapons from U.S. defense firms. Iran continues to flex its muscles within Iraq and elsewhere, and some American intelligence officials have warned that it may try to strike the United States with a terror attack.

Potential Dangers with Iran

“Iran is striking back at countries that have imposed sanctions with military and economic threats and may soon be willing to launch attacks on its enemies in the West. European countries are likely to be the first targets of economic reprisals given the announcement by Tehran that it may immediately cut off oil exports to Europe ahead of the EU embargo taking effect. Several large multinational corporations, including British/Dutch oil company Royal Dutch Shell (London: RDSA) as well as Japanese and South Korean companies such as Mazda, Kia, and Samsung do significant business in Iran and could be expelled because of support of sanctions by their home countries.

This week, the seriousness of Iranian defiance of international pressure over its nuclear weapons program was brought into sharper focus. On Sunday, an Iranian parliament member said his country may respond to the EU oil embargo – scheduled to be gradually implemented over the next five months – by banning oil sales to Europe for five to 15 years. Iran reportedly will cut off of sales of oil to Europe next week. On Tuesday, the U.S. intelligence community warned in its annual worldwide threat report to Congress that Iranian leaders are now willing to launch attacks inside the United States, basing this assessment on the uncovered Iranian plot to assassinate the Saudi ambassador to the United States in a restaurant in Georgetown, in Washington, D.C.”

February 2, LIGNET.com

Please pray for the economic sanctions to have their desired impact so that Iran is dissuaded from continuing its nuclear program that could destabilize and threaten many other nations in the region and elsewhere. Pray for His peace in the Middle East to be restored and maintained and for His protection over the USA and other Western countries from terrorist attacks.