The Pentagon is considering a more robust naval presence in the Middle East to escort oil tankers through the Strait of Hormuz as gas and oil prices continue to rise, but any operation won’t commence for at least a month, according to The Wall Street Journal.
The Journal, citing two U.S. officials, has said that the U.S. wants to reduce the threat from Iran before undertaking any escort operation, but that could take up to a month or more to accomplish, even as officials continue to downplay concerns over the strait and the impact its closure has had on global energy markets.
Budgets aren’t a problem right now, because the GoP has been plying the deficits don’t matter game for 40 years. The problem being, that world is now gone. The petro dollar is dying, and our trade supremacy is broken. There will be no growth out of this deficit, we sent it all to other countries. The US is in an open state of collapse right now on every international stage. Iran would love to take the credit for it, but really they’re just the ones who will happen to be standing there as it happens.