To: Magnum44
Magnum44: "I have never believed the hype of those who say Iran can have 'catastrophic' impact. There will always be someone else who can step up to fill the oil needs."
You're missing the point of the post you are quoting from. If the Straits of Hormuz are blocked, it doesn't just stop Iranian oil, it stops all the oil from all six Persian Gulf oil producers. That's stops the flow of more than half of the world's oil from making it to the international market place.
89 posted on
01/24/2006 9:31:28 AM PST by
Boot Hill
("...and Joshua went unto him and said: art thou for us, or for our adversaries?")
To: Boot Hill
And my point was that blocking the straights would be an act of war, and would be very short lived.
99 posted on
01/24/2006 10:50:59 AM PST by
Magnum44
(Terrorism is a disease, precise application of superior force is the ONLY cure)
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