Free Republic

Conservative parliamentarian Amir Hassankhani, a former member of the country's Revolutionary Guard and supporter of the president, Mahmoud Ahmadinejad, told the country's semi-official Fars news agency: "The arrest and release of the British sailors proved that if Iran's issues and demands are overlooked at the international level, the Islamic republic can create different challenges for the other side."

Buoyant Teheran warns of further kidnappings By Gethin Chamberlain, Philip Sherwell and Tim Shipman, Sunday Telegraph Last Updated: 11:56pm BST 07/04/2007 Hardliners in the Iranian regime have warned that the seizure of British naval personnel demonstrates that they can make trouble for the West whenever they want to and do so with impunity. President Mahmoud Ahmadinejad: a PR bounce The bullish reaction from Teheran will reinforce the fears of western diplomats and military officials that more kidnap attempts may be planned. The British handling of the crisis has been regarded with some concern in Washington, and a Pentagon defence official...

SAN FRANCISCO (MarketWatch) -- Crude-oil futures fell below $64 a barrel Wednesday morning after Iranian President Mahmoud Ahmadinejad pardoned 15 U.K. Navy personnel being held captive by Tehran and said they would be released, ending a diplomatic crisis that had threatened oil supplies in the region. "As tensions ease, it is not surprising to see some of the risk premium leak from prices," said Michael Fitzpatrick, an analyst at Fimat USA. "But the Iranian nuclear situation hasn't been unwound so there is still plenty to worry about, which is why we are inclined to think the market has a very...

Iran 'to release British sailors' Mahmoud Ahmadinejad awarded medals to Iranian commanders Iranian President Mahmoud Ahmadinejad says 15 British naval personnel captured in the Gulf will be freed.He repeated allegations that the British sailors and marines "invaded" Iranian waters, but said they would be freed as a "gift" to Britain. He made the announcement at a news conference, in which he also awarded medals to the commanders who captured the British personnel in the Gulf. He said the Britons would be released immediately and taken to an airport. "They are free after this meeting and can go back to...

I hope someone can replace this thread with a transcript of Neal's interview with Eagleburger. Eagleburger was saying that "it is time to get tough with Iran"..."I don't know if war is the right word, but we need to knock them around a little", etc.