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Iran’s current naval blockade of the Hormuz Strait could be ended by the U.S. or a joint Western-led naval expedition force. The risk of suffering military casualties from conventional Iranian weapons certainly exists but the operation would ultimately be successful and the strait would be reopened. However, what would happen if Iran gained nuclear weapons and would be able to seize and maintain control of the Strait of Hormuz through nuclear threats in the future? The world economy would face immediate and catastrophic disruption. The narrow waterway carries roughly 20 million barrels of oil per day, or about 20% of global petroleum liquids consumption and 25-27% of seaborne oil trade. Anot


The post Iran’s current naval blockade of the Hormuz Strait could be ended by the U.S. or a joint Western-led naval expedition force. The risk of suffering military casualties from conventional Iranian weapons certainly exists but the operation would ultimately be successful and the strait would be reopened. However, what would happen if Iran gained nuclear weapons and would be able to seize and maintain control of the Strait of Hormuz through nuclear threats in the future? The world economy would face immediate and catastrophic disruption. The narrow waterway carries roughly 20 million barrels of oil per day, or about 20% of global petroleum liquids consumption and 25-27% of seaborne oil trade. Anot first appeared on October Surprise 2016 – octobersurprise2016.org.