K.S. Rajan (7 Jan 2012)
"report by JOEL ROSENBERG"

* Oil Price Would Skyrocket if Iran Closed the Strait of Hormuz
* Iran warns U.S. aircraft carrier not to return to Gulf
* Iran prepares bill to bar foreign warships from Persian Gulf
* Iran testing nuclear fuel that could yield bomb, says ex-official
* Israel, U.S. to hold major missile defense exercise - Drill, called 'Austere Challenge12,' follows 10-day Iranian naval exercise near the strategic Strait of Hormuz.
* Turkey: We won't allow Iran strike - In joint press conference with Iranian counterpart, Turkish foreign minister says Ankara won't allow its territory to be used for Iran strike
* Iran seeking to expand influence in Latin America
* This Report That Iran Is Building Rocket Bases In Venezuela Is Now A Bit More Interesting