kcor_77 wrote:Iran knows it is in trouble because of the sanctions that will be imposed upon them. I think that they would block the strait to get back at us. If they block the strait even for a short time would drive gas prices up and further hurt the global economy and recovery. This is just my opinion of course.
Anyone else have thoughts on this?
I think that if they attempt to block the Straights, everyone and their brother that would like like see woe, despair, and agony rain down upon Iran will commence to rain woe, despair, and agony down upon Iran. Iran's air defenses are better than Iraq's were - they might even see something on radar before they are destroyed. Recall a couple years ago when Israel hit a Syrian site way inland on the Iraqi border, that was guarded by just installed state of the art Russian anti aircraft batteries, and the first the Syrians knew of the attack was when they heard the bombs going off? Iran has 10x as much of the same ineffective radar.
I think Iran understands this. They are seeking a buy off like NK has gotten many times. If what they do drives up the price of oil, well gosh, that's more money in Iran's pocket anyway.
My $0.26, the inflation adjusted rate.