all of this coming at a very tense time as the iranian navy carried out 10 days of naval exercises that included warships and drones over this vital waterway. the exercises are being carried out on the eastern side of the straits and down into the gulf of aden and could put them on a collision course with u.s. navy vessels. the straight is 30 miles wide and about 20% of the world s oil passes through there. if the u.s. sanctions again the iran central bank are implemented. julie: what happens if the u.s.? reporter: in fact we ve seen a rise in oil prices with a threat to close the strait. oil has gone up above $100 a barrel. and essentially if iran s central bank is sank shunned, iran won t be able to sell its 4 million barrels of oil a day on the world market that will lead to a shortage and a rise in prices. saudi arabia has about two million barrels of excess oil reserves. at the last opec meeting on december 24th said it would bring that production on-line to bring stab
navy carried out 10 days of naval exercises that included warships and drones over this vital waterway. the exercises are being carried out on the eastern side of the straits and down into the gulf of aden and could put them on a collision course with u.s. navy vessels. the straight is 30 miles wide and about 20% of the world s oil passes through there. if the u.s. sanctions again the iran central bank are implemented. julie: what happens if the u.s.? reporter: in fact we ve seen a rise in oil prices with a threat to close the strait. oil has gone up above $100 a barrel. and essentially if iran s central bank is sank shunned, iran won t be able to sell its 4 million barrels of oil a day on the world market that will lead to a shortage and a rise in prices. saudi arabia has about two million barrels of excess oil reserves. at the last opec meeting on december 24th said it would bring that production on-line to bring stability but none of this is taking into account iran s th
galoshes, whatever it s going to take to keep you dry today. we re at 42 degrees. yes, it is dry right now through the area. temperatures throughout the area, leesburg continues to be our cool spot at 37. then we ve got 39 in clarksburg and gaithersburg just north. virginia, manassas, you re at 39 degrees. capitol heights currently at 40 degrees. not a bad start. the showers are starting to make their way from frederick, maryland, down through fredericksburg. that s the leading edge of the light showers. it is pretty broken back into west virginia and just getting well moving into areas of southwestern virginia, some moderately heavy rain. that s a couple of hours away. i think the moderately heavy rain starts now from noon to 1:00, maybe even earlier. the high today 49 degrees, thanks to a wind out of the south. moderate and heavy rain will reduce the visibility today. keep that in mind if you ve got plans to be out on area roads between noontime and 6:00 today. by 7:00 our