Now the Iranians are threatening the West about oil prices. It surely proves once again that, because of our dependence on foreign oil supplies, we are literally being held 'over a barrel', a barrel of oil.

Meanwhile, an interesting development inside Iran. It seems there is a group of Sunni terrorists holding Iranian soldiers hostage, and threatening to behead them. They may be small potatoes at this point, but could provide a method to destabilize the Iranian regime (a dangerous game, I know, but all the other alternatives look as bad or worse).

Finally, go to the Belmont Club for a comprehensive discussion of the situation regarding Iran, with links to numerous articles on the subject.