Blood for Oil

Bloomberg

Iran attacked and seized control of a Romanian oil rig working in its Persian Gulf waters this morning one week after the Iranian government accused the European drilling company of ``hijacking'' another rig.

An Iranian naval vessel fired on the rig owned by Romania's Grup Servicii Petroliere (GSP) in the Salman field and took control of its radio room at about 7:00 a.m. local time, Lulu Tabanesku, Grup's representative in the United Arab Emirates said in a phone interview from Dubai today.

``The Iranians fired at the rig's crane with machine guns,'' Tabanesku said. ``They are in control now and we can't contact the rig.'' The Romanian company has 26 workers on the platform, he said.

Iran, which holds the world's second-largest oil and gas reserves, is due to respond today to a European Union-led offer of incentives aimed at persuading it to halt uranium enrichment activities that are crucial to its nuclear program.

Wonderful. Let's continue diplomacy.

Iran Posted by AlexC at August 22, 2006 2:34 PM