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While last week the focus of US naval deployment in the Middle East emphasized securing the Suez Canal in the midst of the Egyptian revolution, this week the developing story is the passage of two Iranian warships through this very canal.
Not surprisingly, two US naval groups - an aircraft carrier and a big-deck amphibious warfare ship - are now situated at either end of the Red Sea, where the Iranian flotilla is supposedly located.
Will the US presence be enough to prevent escalation? Since we believe that Iran has few alternatives to pulling a "wag the dog" scenario with increasing domestic protests, and an increasingly more troubled ruling class, perhaps the increased US presence in the area is geared more toward dissuading a preemptive engagement by Israel.
http://www.zerohedge.com/article/egypt-decides-whether-allow-iran-w...
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