• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

2

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

3

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

1

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

2

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

3

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
LeadershipIran

Iran Seizes 10 U.S. Sailors

By
Mark Thompson
Mark Thompson
and
TIME
TIME
Down Arrow Button Icon
By
Mark Thompson
Mark Thompson
and
TIME
TIME
Down Arrow Button Icon
January 12, 2016, 8:24 PM ET
U.S. Navy handout photo of a riverine command boat from Riverine Detachment 23 operates during a maritime air support operations center exercise in the Arabia Gulf
A riverine command boat from Riverine Detachment 23 operates during a maritime air support operations center exercise in the Arabia Gulf in this June 12, 2012 handout photo, provided by the U.S. Navy, January 12, 2016. Ten sailors aboard two U.S. Navy riverine patrol boats were seized by Iran in the Gulf on Tuesday, and Tehran told the United State the crew members would be promptly returned, according to U.S. Officials. REUTERS/Mass Communication Specialist 2nd Class Zane Ecklund/U.S. Navy/Handout via Reuters - RTX224FNPhotograph by U.S. Navy—Reuters
Add Fortune on Google for similar content.

Iran’s seizure of 10 U.S. Navy sailors aboard two small boats as they sailed from Kuwait to Bahrain is the latest in a series of confrontations carried out on the Persian Gulf between the two countries.

“Earlier today, we lost contact with two small U.S. naval craft en route from Kuwait to Bahrain,” Pentagon spokesman Peter Cook said in a statement. “We subsequently have been in communication with Iranian authorities, who have informed us of the safety and well-being of our personnel. We have received assurances the sailors will promptly be allowed to continue their journey.”

One of the boats may have had a mechanical problem that caused both to drift within 12 miles of Farsi Island, Iranian territory in the middle of the gulf, defense officials said. Secretary of State John Kerry spoke to Iranian officials by phone and received assurances that the sailors—nine men and one woman, according to an Iranian press report—would soon be released.

The seizure, hours before President Obama delivers his final State of the Union address where he is likely to cite the recently concluded nuclear deal with Iran as a diplomatic success, is only the latest confrontation between Washington and Tehran. It comes two weeks after the Iranians fired several unguided rockets about 1,500 yards from the carrier USS Harry S. Truman and a pair of smaller U.S. and French warships in the Strait of Hormuz. That’s the bottleneck between the Persian Gulf and Arabian Sea through which 17 million barrels of oil, 20% of world demand, flows daily.

There were conflicting reports over whether the sailors were seized by the Iranian coast guard or the Iranian Revolutionary Guard. The Revolutionary Guard is known to maintain a presence on the heavily-guarded three-square mile island. The Revolutionary Guards are sort of the wild card of the Iranian government. They are “generally loyal to Iran’s political hardliners and is clearly more politically influential than is Iran’s regular military,” according to a May report prepared for Congress. Its “political influence has grown sharply as the regime has relied on it to suppress dissent.”

The trouble with any such action is that mistakes by either side could quickly turn violent. The USS Vincennes, erroneously thinking it was under attack, destroyed an Iranian airliner over the strait in 1988, killing all 290 aboard. That came on the heels of skirmishes that led the U.S. Navy to sink six Iranian vessels and the disabling of the USS Samuel B. Roberts by an Iranian mine. In 2007, Iran seized 15 British sailors and detained them for 13 days.

Fathoming Tehran’s motives is always challenging. Iran has bridled under economic sanctions imposed by the U.S. and other nations due to its nuclear ambitions, although both sides struck a deal in October to delay them. Iran has always viewed the Persian Gulf as part of its neighborhood. It likes to flex its muscles there every once in awhile, U.S. Navy officials say.

This article was originally published on Time.com.

About the Authors
By Mark Thompson
See full bioRight Arrow Button Icon
By TIME
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Leadership

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Leadership

Young worker at desk
SuccessGen Z
Remote-first fintech giant Revolut is making the office compulsory for new Gen Z grads—and they’ll earn flexibility like their peers after one year
By Emma BurleighJune 30, 2026
3 hours ago
Henry Kravis
SuccessCareers
Wall Street billionaire turned an hour meeting with Disney’s cofounder into an entire day together—all he did was read a report most analysts ignored
By Preston ForeJune 30, 2026
3 hours ago
Warren Buffett breaks from a ‘lifetime’ pledge to the Gates Foundation as the Epstein fallout deepens
SuccessWarren Buffett
Warren Buffett breaks from a ‘lifetime’ pledge to the Gates Foundation as the Epstein fallout deepens
By Sydney LakeJune 30, 2026
4 hours ago
kean
PoliticsElections
New Jersey Republican to reappear in Congress after unexplained 4-month absence
By Mike Catalini and The Associated PressJune 30, 2026
6 hours ago
swiss
EuropeHeat
It’s so hot in Switzerland that yodelers are standing in fountains
By Jez Fielder and The Associated PressJune 30, 2026
6 hours ago
wb
CommentaryLeadership
I grew BDO from $600 million to $3.4 billion. Here’s the 3-part formula that made it possible
By Wayne BersonJune 30, 2026
6 hours ago

Most Popular

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
Success
Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
By Sydney LakeJune 29, 2026
1 day ago
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
Success
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
By Sydney LakeJune 25, 2026
5 days ago
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
Success
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
By Preston ForeJune 27, 2026
3 days ago
'Humanity has chosen to become idiots': This Brown professor switched to take-home exams after a mass shooting and discovered mass cheating
AI
'Humanity has chosen to become idiots': This Brown professor switched to take-home exams after a mass shooting and discovered mass cheating
By Catherina GioinoJune 29, 2026
21 hours ago
The retired college professor fighting a $313 trespassing ticket in Wisconsin thinks he's part of a national struggle
Environment
The retired college professor fighting a $313 trespassing ticket in Wisconsin thinks he's part of a national struggle
By Catherina GioinoJune 28, 2026
2 days ago
Current price of oil as of June 29, 2026
Personal Finance
Current price of oil as of June 29, 2026
By Joseph HostetlerJune 29, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.