Quote:
Originally Posted by DieselAddict
It most likely wouldn't be permanent, but even a few minutes would be enough for oil to skyrocket. Are you saying it wouldn't cause any havoc? Iran is the most powerful country in the ME (probably after Israel) and there's not a damn thing SA or any other Arab country could do. I'm sure the US navy could resume control of the strait eventually, but not until after oil prices had gone through the roof and caused widespread panic.
Again we do have our own supply, don't we?
Even if our own oil supply isn't interrupted, oil prices will certainly skyrocket for everyone if war break out there.
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It would cause some havoc but if Iran can be crippled or taken out, it would be worth it. SA alone, maybe not. However, can Iran win a multi pronged war against Israel and still keep the gulf shut down without other neighbors taking offense and shooting at them? I think not.
More doesn't hurt.
2 issues. Oil at your figure of $200 a barrel or oil at $200 a barrel and you still can't easily get it.