Blockade

The Hootie attacks on ships in the Red Sea is causing shipping insurance rates to rise as was predicted. The rates have increased from $200 per one million insured value to $7,000 per million. This will raise the cost of all goods which will lead to inflation. This has caused many shippers to avoid the Suez and go around the Horn of Africa which again increases the cost. The US has sent war ships to the area to protect shipping and they are shooting down rockets and drones fired from Yemen. The US is playing a defensive position since they are not attacking the rockets in Yemen. It is predicted that sooner or later one of these rockets will hit an American ship and then the US will attack in Yemen and then we will be in another war. Would it be wise to take the preemptive step of blockading all Iranian oil from leaving the Persian Gulf until such time as the Iranians stop providing Yemen with rockets. Once this is done this will limit the supplies that Iran can afford to send to Hamas and slow down the number of rockets being fired into Israel. Almost daily someone reports that Iran is the number one supporter of terrorism. Perhaps a blockade will get their attention.