[blam]

"What was that broker that said oil would be over $100 by now? It was sometime last fall about the time of Katrina."

It'll get there.

The Iranians will block the strait of Hormuz even if they have to use Kamakazee(sp) fighter jet attacks on the tankers going through there, we won't be able to stop them all.

Any conflict in/with Iran will affect more than Iranian oil.

The Persian Gulf is fairly shallow, it only re-filled between 7-8,000 years ago. (Probably the source of some of the flood myths too)

[RightWhale]

Any attack or threat of attack will stop shipping, but it will also make neutralization of the threat necessary. The first shots in the war might well be related to the Strait of Hormuz rather than to the nuke threat.