The Financial News

The Financial News

US base incident, oil flows through Hormuz & more | Experts on Iran


President Trump, without offering details, said that the pilot who attempted to hijack a plane headed for Israel could have ties to Tehran and that the US would hit Iran, in his words, “very hard” if implicated.

Also, a British-Iranian dual national has been arrested on suspicion of “preparation of terrorist acts” in connection with an alleged plot to target a UK airbase used by the US military. British Prime Minister Andy Burnham said there are “strong indications” Iran was involved in the incident — remarks that appeared to support the United States’ assessment that the incident involved a foreign actor.

And, gulf oil producers, with considerable support from the US Navy, are jamming crude through the Strait of Hormuz, right under Iran’s nose. Oil and petroleum product flows through the critical chokepoint averaged 13.1 million barrels per day last week, according to Kpler, a marine data tracking service. That’s just under 80% of the 17.1 million barrels that had traveled through the strait each day before the war broke out.

CNN speaks to experts about these developments from the week.

0:00 Could Iran be linked to FlyDubai hijacking attempt? (October 2)
4:51 Dual British-Iranian citizen arrested for US air base incident (October 2)
5:03 Do this week events mean a widening of the Iran war? (October 2)
8:52 Oil moving through Strait of Hormuz at near 80% of pre-war levels (September 28)

Watch 24/7 live news with CNN Headlines: https://bit.ly/4eIvlTr

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