You predict the outcome....

VaticanAssassin

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Joined
Jul 21, 2011
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Knowing that:

-The US has moved a second carrier group to the straight of Hormuz.
- The EU is now saying they will ban Iranian oil imports.
- Iran has vowed to “definitely” close the Strait of Hormuz if an EU oil embargo disrupted the export of crude oil.

So;

- Does Iran cave?
-Does the EU?
-Does Obama get a nice military action in time for elections?
 
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Nothing will happen but speculators will drive gasoline prices up over $3.75 and the economy will shrink further...
 
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