In a pre-Christmas debate on Iran in the House of Commons, I described Iran as the new Soviet Union of the Middle East.
And for good reason: the regime gives financial backing to terrorist organisations such as Hamas in Gaza and Hezbollah in Lebanon, actively supports the Assad Dictatorship in Syria, and ruthlessly deals with dissent from her own citizens. The country is also on the verge of developing a nuclear bomb.
The last few days have seen Iran step up the 'Cold War' with the West. First; by threatening to Block the Straits of Hormuz - which could threaten a world-wide oil crisis. The Straits represent 35% of the world's oil-shipments by sea - 20% of the global oil trade. Second; by testing long-range missiles - which, according to the Iranian Fars News Wire - is a new tactic "designed to prevent any movement in the strait of Hormuz if the Iranian navy so desires".
The French Foreign Ministry describes the missile tests as:
a very bad signal to the international community. We want to underline that the development by Iran of a missile programme is a source of great concern... That is why Iran is prohibited from pursuing any activity on ballistic missiles capable of delivering a nuclear warhead per a U.N. Security Council Resolution".
President Obama has described any closure of the Strait as 'unacceptable'.
P.S. You can read more HERE and HERE.