The pressure on Iran seems to be ratcheting up in recent weeks, even tighter sanctions. Bad cop Obama trying to be bested by even Badder cop Romney. Romney essentially giving Isreal the green light to go after Iranian nukes.
All this may induce Iran back to the bargaining table, but with all the military hardware now in the Persian Gulf, the chances of rapid escalation is higher now.
Still holding on to bunch of non-mideast oil, and oil services companies as a hedge.
If shit hits the fan, at least these may rise as rest of portfolio tanks as we head into oil shock induced recession.
