Iran sends two warships to pass by Canal Suez


Israel is intimidated, the Suez canal is being tested after the fall of Mubarak. Imad Mughniyeh’s death has not been avenged, some media outlets are claiming a showdown.

The Suez Canal does not (stop) any commercial ships from passing as long as we are not in a state of war,” said Ahmed El Manakhly, a member of Egypt’s Suez Canal board.

Tonight, two Iranian warships are meant to pass through the Suez Canal to the Mediterranean Sea and reach Syria, something that has not happened in many years,” Foreign Minister Avigdor Lieberman said in a Jerusalem speech distributed by his office.

Oil prices surged on the news. The dollar slumped broadly on Wednesday after Israel said Iranian warships were en route to Syria and demand for non-U.S. safe-haven currencies was seen thriving should the situation worsen.