Guardian: Reports that the Iranian Parliament has " ..requested a debate on a bill calling for the Strait of Hormuz to be closed to shipping from countries supporting sanctions. ".
Lets Get Real:
Thus folks this blog would not be that surprised to see the Tehran Regime allow some low level attacks on tankers going through the Strait, enough to send the price of Oil up but not enough for the US to launch a massive attack. Thus Shipping underwriters should expect to raise their charges to insure against losses or small level attacks, the Tehran Regime can not afford yet to lose its access to oil revenue, it needs the money to fund its supporters and to allow Iran to become a nuclear armed power. Lets be VERY clear here folks, this crisis is developing, a planned attack or an accidental attack could come with the next few days, the Tehran Regime has seen how North Korea has blackmailed the West with its limited nuclear ability, that is the power Iran wants, its not there yet but its close folks. Lets hope the Israeli intelligence network the Mossad has its eyes and ears open when it comes to Iran, this blog expects Israel to tell the world if Iran is close to the bomb, that might come after an attack, but its coming folks.