Venezuelan President Hugo Chavez (L) sha

Venezuelan President Hugo Chavez (L) shakes hands with his Iranian counterpart Mahmoud Ahmadinejad during the inauguration ceremony of a joint petrochemical plant in the Asaluyeh industrial zone in Venezuela’s Gulf coast 02 July 2007. Ahmadinejad and Chavez sealed their anti-American alliance today by laying the foundation stone of the plant. The two leaders pledged to “stand against all enemies,” a reference to the United States, as they inaugurated construction of a 700-million-dollar methanol plant in the Asaluyeh industrial zone. AFP PHOTO/PRESIDENCIA (Photo credit should read HO/AFP/Getty Images)

Is Iran’s presence in Latin America a threat? The White House says yes.