...more info.
UPDATE 1-France says advises French firms to avoid Iran
http://uk.reuters.com/article/oilRpt/idUKL1646614620070916
With crude oil hovering at $80 a barrel, coupled with a very nervous energy market, a full scale expansion of the current war against Jihad Inc (Iraq/Afghanistan) involving Syria, Iran, Hamas, Hezballah - and the wild card, the Russians, against US , Israel, the UK and the remaining allies in Iraq, oil would surely double on panic trading, especially once the Iranians (unless prevented) began targeting missile attacks into Saudi Arabia, coupled with major disruptions of oil shipments exiting from the Persian Gulf all of which shall compound the subprime/banking/credit problems, which in the UK are becoming worse.
Northern Rock customers grab savings as bank's shares tumble
The risk of continuing non-action is the Iranians get workable nukes, share them with Syria (which seems to be under way already via N.Korea or the Russians) and then there is a far more frightening geostrategic nightmare and global economic quagmire
New York oil price climbs back to record high
Prepare for Iranian response Past experience shows Iran likely to retaliate for Syria incident