[kictanet] Third Undersea Cable Cut - conspiracy or not?

[brian]

There are some blogs around the Internet that speculate about these cable cuts. One pretty plausible claim is that the launch of the Iranian Oil Bourse which was planned for this week might be the cause for such a scale of interference as the bourse would have negatively impacted the US dollar.

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Iran Oil Bourse to deal blow to dollar
Fri, 04 Jan 2008 20:45:41
The long-awaited Iranian Oil Bourse, a place for trading oil, petrochemicals and gas in various non-dollar currencies, will soon open.
Iran’s Finance Minister Davoud Danesh-Jafari told reporters the bourse will be inaugurated during the anniversary of the Islamic Revolution (February 1-11) at the latest.
“All preparations have been made to launch the bourse; it will open during the Ten-Day Dawn (the ceremonies marking the victory of the 1979 Islamic Revolution in Iran),” he said.
The Minister had earlier stated that the Oil Bourse is located on the Persian Gulf island of Kish.
Some expert opinions hold inauguration of the bourse cold significantly devalue the greenback.

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Could this be why the 3rd cable cut has effectively removed the Middle East from the internet?

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Via: CNN:
An undersea cable carrying Internet traffic was cut off the Persian Gulf emirate of Dubai, officials said Friday, the third loss of a line carrying Internet and telephone traffic in three days.
Dubai has been hit hard by an Internet outage apparently caused by a cut undersea cable.
Ships have been dispatched to repair two undersea cables damaged on Wednesday off Egypt.
FLAG Telecom, which owns one of the cables, said repairs were expected to be completed by February 12. France Telecom, part owner of the other cable, said it was uncertain when repairs on it would be repaired.
Stephan Beckert, an analyst with TeleGeography, a research company that consults on global Internet issues, said the cables off Egypt were likely damaged by ships’ anchors.
The loss of the two Mediterranean cables — FLAG Telecom’s FLAG Europe-Asia cable and SeaMeWe-4, a cable owned by a consortium of more than a dozen telecommunications companies — has snarled Internet and phone traffic from Egypt to India.
Officials said Friday it was unclear what caused the damage to FLAG’s FALCON cable about 50 kilometers off Dubai. A repair ship was en route, FLAG said.
Eric Schoonover, a senior analyst with TeleGeography, said the FALCON cable is designed on a “ring system,” taking it on a circuit around the Persian Gulf and enabling traffic to be more easily routed around damage.
Schoonover said the two cables damaged Wednesday collectively account for as much as three-quarters of the international communications between Europe and the Middle East, so their loss had a much bigger effect.