Friday, November 25, 2011

An Attack On Iran Could Temporarily Shut Down Flow Of Oil Out Of Gulf




Iran is contemplating violently shutting down shipping in the Persian Gulf as one of several counterattack options if Israel strikes its nuclear facilities, regional and intelligence analysts say.

Such attacks would present the Obama administration with the option of undertaking a limited war against Iran by striking its warships and shore-based anti-ship missiles to keep the Gulf open for business.

Former CIA analyst Larry C. Johnson said Iran has enough firepower to effectively close the Gulf and Strait of Hormuz, through which 40 percent of all the world’s oil moves.

“One of the things that Iran has exercised, has the capability to do, is shut down the Persian Gulf,” Mr. Johnson said. “The best-case scenario is they shut it down for a week. The worst case is they shut it down for three to four months.”

Read More Here
http://www.washingtontimes.com/news/2011/nov/14/attack-on-iran-could-risk-gulf-oil-supplies/

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