Last Wednesday at the Arab summit conference in Saudi Arabia, Syrian president Bashar Al Assad spoke with the Iranian foreign minister Manuchehr Mottaki about the 15 British sailors.
Syrian President Bashar Al Assad:
"This solution needs quiet diplomacy and Syria is now undertaking such quiet diplomacy between the two countries.
"We hope for a satisfactory solution that will lead to resolving the crisis of the British service personnel held captive in Iran."
GOP presidential hopeful Mitt Romney assailed House Speaker Nancy Pelosi on Wednesday:
``It's a very bad idea to be carrying out a separate and independent foreign policy from the president of the United States,'' Romney added. ``I just don't know what got into her head, to be completely honest with you. I think it was a huge, huge mistake.''
Families of the 15 sailors have not yet commented on Mr. Romney's statement.
House Speaker Nanacy Pelosi then flew to Saudi Arabia to meet with King Abdullah.
Crude Oil Drops on Release of U.K. Sailors
At last check, the May crude oil futures contract was down 63 cents, or 0.97 percent at $64.01 per barrel after tagging an intraday low of $63.08. On Tuesday, the price of crude shed two percent as traders began to unwind the risk premium built into prices during the crisis.
Oh yeah, I almost forgot, Iranian Diplomat Seized In Iraq Returns Home
An Iranian diplomat detained in Iraq for the last two months has been released, returning Tuesday to Iran. Jalal Sharafi, who was the second secretary of Iran's Embassy in Iraq, was abducted in Baghdad on Feb. 4.