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Let's go now they rotten Iran test fired several ballistic missiles and according to Iran in media and the military exercise included long range missiles capable of hitting US warships in the Persian gulf.
Missile launches come as US reportedly moves more warships and fighter jets into the region and just Saturday and Sunday the European Union oil -- barter.
-- went into effect from me a bastard John Bolton joins us none of those are good signs.
Now I think this.
Is Iran clearly trying to effect the price of international oil the higher the price the more they -- the better for them.
And these missile test while its Saber rattling to an extent are also missile tests they want to know if they can.
I increase the range of their ballistic missiles make -- Intercontinental gives them greater thrust ultimately to mate with nuclear warheads so there's both a practical and a political reason for what Iran is doing.
One of the reasons that we Arab and -- revving up our presence is the -- Persian gulf has about a third of the world's oil goes through there.
And it and Iran honest friendship and shut down the Strait of Hormuz can make instead I'm not Timmy -- -- I mean is there is at a real fetters a Saber rattling.
Only for a very short period of time I think our navy is very confident that it would effectively destroyed both Iran's navy and its air force if for Ron tried to do that and that's why I don't think ultimately they will what they're trying to do is say to the United States and Europe.
You're threatening us with sanctions we're gonna we're gonna show you where you can what you can do with those sanctions.
By raising the price of oil they are threatening a very weak American and European economic recovery.
And they're showing that further pressure against Iran is likely be counterproductive at least that's their strategy and I think it's working.
So far our oil prices jumped to 4% today -- on word of of all that's going announce a minute that's a huge jump.
And I think there's more -- -- you know there's a negotiation session under way in Istanbul this is the fourth although at a lower level of the latest round of permanent Security Council members in Germany talking with Iran about the nuclear.
Weapons program and -- as saying all these new sanctions that took effect July 1.
We don't care about your sanctions we can cause you more harm than you can cause us is that true -- including who does have better hand.
Well I think you have to keep in mind Iran has been planning against these sanctions for -- -- this didn't catch them by surprise they have understood they might face.
This kind of economic hardship they've taken steps to -- it.
It's not that there's not economic pain being caused here but if anybody thinks these sanctions are gonna cause Iran to give up its nuclear weapons program -- sadly mistaken.
But did do we put enough of a squeeze on them with the sanctions economically so that they had internal process saw what happened in June of 2009 there were protests there.
Mean is it possible that this is going to create internal civil promise for them.
I don't think there's any side of that I think there's enormous opposition to this regime because of thirty plus years of economic mismanagement don't -- religious leaders -- -- your economy is one lesson.
That Iran shows this but it's not that's not caused by the sanctions that's caused by general economic problems I think -- -- -- regime.
Is tough enough to sustain this they've taken steps already.
Two to minimize the internal destruction they have huge.
A foreign currency they've gained over the last five or six years of high -- prices they are ready for this.
-- -- -- -- -- -- -- -- -- Apologizing to -- -- something that the United States has resisted since last November.
But -- -- lot of Miami couldn't get the supply they didn't Paxton closed on the supply routes cautious about a hundred million dollars a month or more.
How much -- -- on us.
Well I'm -- be uncharacteristically.
Generous the secretary of state Clinton there are apologies and there are apologies apologies where you prostrate yourself on the ground and hit your four head three times on the floor and say you're sorry.
That's bad this apology was a sort of and I kind of apology.
Actually if they were prepared to do it they should have done -- six months ago and reduce the cost of supplying the troops in Afghanistan.
I think it was a form of words I think that's what Pakistan needed what they shows is how wretched our relations with Pakistan.
Our overall and how they need to be fixed I wouldn't agonize over what she said today.
-- lot of American people that you know when they hear this is it what about their apology to us about the fact that they gave safe haven to Osama bin Lott wins that one coming.
Well I think it's a very fair point and all I would say again uncharacteristically.
Generous to Secretary Clinton when Henry the fourth wanted to become king of France at the end of the sixteen -- He switched from being a Protestant to being a Catholic and -- his supporters said.
What was all that about Henry the fourth said.
Paris was worth -- mass so I think it's worth what Secretary Clinton said today to get this route open I don't like it.
But keep your eyes on the --