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Comment on: SPQR Aquila non captat muscas

Iran Tests "New Weapon"

1 Comment

This is intimidation by phantom

I've no doubt that Iran can sink a ship and close the Strait of Hormuz. Of course, at the same time we can prohibit them from exporting any oil at all - which would be damaging to their economy. The only winning position for us is to be able to continue the country's business without oil coming through the strait. For that, we need more production from domestic sources. These announcements from Iran will probably drive up prices again - speculators once again concerned about the world's petroleum supply. It seems so simple - guaranteeing a domestic supply of oil is critical to this country's security.