[TheRealVille]

Iran has threatened that it will retaliate against the Obama administration's proposed new economic sanctions on Iran's oil exports by blocking the flow of oil from the Persian Gulf.


Should we be concerned? Is this saber rattling? Will the administration back down?

According to the US Navy, it won't be tolerated.

The U.S. Navy said Iran's threat to block the strategically and economically important Strait of Hormuz is unacceptable.
"The free flow of goods and services through the Strait of Hormuz is vital to regional and global prosperity," Navy 5th Fleet in Bahrain spokeswoman Cmdr. Amy Derrick Frost told reporters on Wednesday.
"Anyone who threatens to disrupt freedom of navigation in an international strait is clearly outside the community of nations; any disruption will not be tolerated."

http://edition.cnn.com/2011/12/28/world/...index.html