Seems to me this is just a drill...
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...will today begin an annual 12-day exercise.
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But I also love the huge leap the article takes in the paragraph that quote comes from:
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In preparation for any pre-emptive or retaliatory action by Iran, warships from more than 25 countries, including the United States, Britain, France, Saudi Arabia and the UAE, will today begin an annual 12-day exercise.
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Whatever. Iran huffs and puffs, and the rest of the world does an "exercise" to remind Iran they can get bitch smacked quickly.