From Fox News: US WARSHIP HEADING TO YEMEN TO INTERCEPT IRANIAN WEAPONS SHIPMENTS, NAVY SAYS.
IMHO I think that the US will not try to sink those Iranian ships, but Saudi Arabia will.
Expect oil prices to take-off!
OAS at $25 is just around the corner!
Sentiment: Strong Buy
UN Iran inspections = North Korea Deja Vu
Poor Adams is probably very upset today having to cover his shorting of KERX!