Iran Has Obama over a Barrel (of Oil)
There doesn’t seem to be much to President Obama’s plan for Iran other than empty threats delivered by his chief international elbow twister, Hillary Clinton. Since engaging Russia over Iranian sanctions, the U.S. has been the only one to make concessions. Instead of cooperating, Russia has all but slammed the door on its assistance for U.S. sanctions on Iran. It may be time to call in the SEIU, Obama’s personal mafia.
Through missile launches, Iran has proven that it’s capable of making good on threats to attack Israel. It remains defiant regarding U.S. threats of sanctions. The only concern now is if they’re capable of attaching nuclear warheads.
Iran’s recent foray into Iraqi territory to seize an oil well sends a message to the U.S. that they’re feeling belligerent -- and not intimidated by sanctions. The same day, the U.S. responded to Iran seizing the oil well by making it clear we're not going to attack Iran’s nuclear facilities any time soon. Maybe Iran’s next provocation would be more successful if they held town hall and tea party rallies.
The clock is ticking on a December deadline for assessing the Iranian threat to America and Israel. (Iran’s intentions have been clear. Maybe we just need a little more time on the translation?) The time is approaching when the provocations of a serious, crazed Iranian regime will escalate to a point that military engagement will be necessary. The delays by the Obama administration may be indicative of their avoidance of political fallout from Iran’s true “nuclear option.”
Iran’s nuclear facilities are not the only thing the world has to fear. Iran's plan for strategic naval mining of the Strait of Hormuz could have devastating effects on global economies.
The Strait of Hormuz is a choke point between Iran, the United Arab Emirates, and Oman. It facilitates the shipping of 90 percent of the Persian Gulf’s oil exports and all of its liquefied natural gas exports. This equals 40 percent of the world’s seaborne oil trade. Blocking this strait, even temporarily, could throw global economies into chaos by starving the world of adequate oil supply.
Iran’s naval force is built on a strategy for conflict deterrence by possibly mining the strait if an aggressor threatens Iran. The Islamic Revolutionary Guard Corps has prepared small and disguised fleets for this strategy. Their plan is to sow the waterways with a combination of primitive as well as advanced detonation naval mines. Although these mines would probably not destroy tankers and supertankers, their effects lie in psychological warfare.
The goal of mining the strait isn’t necessarily to close it, but to instill fear of naval mines to a point of affecting oil supply. It would also take several days to clear the area of mines, thereby delaying the return of confidence in shipping. This is ample time to throw oil markets into chaos and drive up prices significantly (for nearly all goods).