Iran To Hold New ‘Massive’ Naval Exercise Near Straits Of Hormuz, To Run Parallel With Joint US-Israel Wargame

- Iran To Hold New “Massive” Naval Exercise Near Straits Of Hormuz, To Run Parallel With Joint US-Israel Wargame (ZeroHedge, Jan. 6, 2012): The selloff in crude yesterday, provoked by this Reuters article stating that Iran is ready to resume nuclear talks with the West, is now well over and the accumulation has again resumed, [...] continue reading the breaking news