Breaking news on Iran. UN can't declare program peaceful

Newswires reporting that UN IAEA says Iran is defying UN by pursuing uranium enrichment; Iran suspends cooperation with IAEA; IAEA's knowledge about Iranian efforts is deteriorating; UN can't declare program exclusively peaceful--all this coming as a large US naval presence is active in the Persian Gulf

Well, I personally don't think anyone in this world is stupid enough to start an actual war over this. The leader of Iran seems to just be after some approval from certain parties in his country, I don't perceive him as a very large threat.

If a war started, the United States would have to have a draft. It would also be an urban bloodbath at least 20x that of Iraq. Wont happen, thank goodness.

Markets don't need a war to jump. They jump on rumors and gossips and stuff like. Good thing, didn't hit the market so far.

Iran leader is after a nagotiation table, like India and North Korea got first hour after their nuke went off. Too bad (for Iran) he lost the "surprise" factor.