Revisiting Iran at $45 Oil

Remember when the conventional wisdom was that no one should bomb Iran because it would drive up oil prices? It was said that Iran would block the Straits of Hormuz and cripple the global economy. Well, by the same token then, with the world economy already crippled and oil prices so incredibly low, it would seem that now is the perfect time to bomb Iran. This, of course, is all on the presumption that every diplomatic avenue has been pursued and been proven to be a dead end. Perhaps so, perhaps not. At the very least it seems like a good time to make Iran think it is going to get bombed.