Great, another war. Our president will fix Iran the way he fix Iraq. The world is a much better place.
I thought I heard today that Russia & China have said that they would not support any UN action against Iran. Did anybody else hear the same?
If hostilities against Iran take form of real action then oil will rise to $100 as Iran can only respond by trying to and temporarily shutting down the gulf of hormuz from where every single tanker with middle eastern oil should pass. However, in at most a week, US and allies will have full command and control of this area so any rise in oil prices will only be temporary.