(OilPrice) This week the US, UK, France, and a few Middle Eastern countries are conducting naval exercises in the Gulf of Persia to practice clearing mines that Iran, or other groups may place around the Straits of Hormuz in an attempt to disrupt the movement of oil tankers in the region.
Mohammed Ali Jafari, the commander of the Islamic Revolutionary Guard Corps, said that the "exercise is a defensive exercise and we don't perceive any threats from it. We are not conducting exercises in response."
Yet this is not the impression that is given.
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