Meanwhile, this is the news Iran sees fit to print

There's no news yet on the British sailors over at the official Iranian news service, only this telling headline and lede:

Rich Cultured, Civilized Iranian Nation will Overcome All Bottlenecks

Tehran (FARS News Agency)- Iranian president Mahmoud Ahmadinejad said that the mighty and tyrannized Iranian nation insists on its nuclear rights and will manage to overcome all bottlenecks without harm by making use of its rich culture and civilization.

Arab Gulf states growing anxious about Iran

The New York Times reports that the Arab Gulf states "have begun a rare show of muscle flexing, publicly advertising a shopping spree for new weapons and openly discussing their security concerns."

These states, the United Arab Emirates, Saudi Arabia, Oman, Bahrain, and Qatar, "normally prone to squabbling," the Times writes, are now "[emphasizing] their unanimity against Iran's nuclear ambitions." This is because, the Times says, they "see themselves as the likely first targets of an Iranian attack."

Emile el-Hokayem, a research fellow at the Henry L. Stimson Center, told the Times that the Gulf states are telegraphing a message to the world with this new openess. "The message is first, 'U.S., stay involved here,' and second, 'Iran, we will maintain a technological edge, no matter what.'"

Aside from today's news that Iran is ahead of some experts' estimates with respect to its program to enrich uranium (seen as the first step in creating a bomb), Iran's recent military maneuvers in the Strait of Hormuz have also alarmed its Arab neighbors. This is the waterway through which two-fifths of the world's oil supply moves and all of these Arab Gulf states depend on a stable flow of oil for their very survival.

The U.S. recently sent a second aircraft carrier to the Persian Gulf, in addition to an increased number of minesweeping vessels. The U.S. denies that any kind of military strike against Iran is imminent.

The indication is that the Bush administration is hoping that more punitive sanctions backed up by the possibility of force will in the end be enough to persuade the regime in Tehran to abandon any ambitions it might be entertaining regarding a nuclear bomb. An ambition the Iranians insist is not part of their scheme.

Sanctions having effect in Iran

Two Iranian newspapers that are said to reflect the opinions of Ayatollah Ali Khamenei, Iran's Supreme Leader, are calling for President Mahmoud Ahmadinejad to keep his nose out of the country's nuclear program, the New York Times is reporting.

As Iran becomes increasingly marginalized by the international community which sanctioned the Islamic Republic in December for its defiant stance on nuclear enrichment, its economy has begun to be affected. The Iranian stock market has plummeted. Many European banks have stopped doing business with Iran.

One of the newspapers, the daily Jomhouri-Eslami, rebuked the Iranian president for having referred to the December sanctions as "a torn piece of paper" and went on to pronounce that “The resolution is certainly harmful for the country.”

“The resolution has had a psychological effect on people,” Ali Hagh, an economist in Tehran told the Times. “It does not make sense for investors not to consider political events when they want to invest their money.”