Monday, January 23, 2012

Strait of Hormuz and All Out War

Here is some more "all out war" headlines to consider.

Iran is saying it definitely will close the Strait of Hormuz.  Of course they understand what this would do to oil prices and what affect it would have on an already problematic global economy.

But let's also remember that about 80% of the income collected by the Iranian government is the result of their oil sales flowing through that strait.

Tensions in the Gulf could reach a breaking point as a senior Iranian official said Iran would “definitely” close the Strait of Hormuz if an EU oil embargo disrupted the export of crude oil, the semi-official Fars news agency reports.

The announcement came in response to a decision by the European Union on Monday to impose an oil embargo on Iran over the country’s alleged nuclear weapons program.
“The pressure of sanctions is designed to try and make sure that Iran takes seriously our request to come to the table,” EU foreign policy chief Catherine Ashton said.
However, with Washington’s decision to deploy a second carrier strike group in the Gulf, the EU’s attempt to pressure Iran economically could greatly increase the likelihood of all-out war in the region.

The Strait of Hormuz is the vital link between the Persian Gulf and the Gulf of Oman.

It is also one of the most strategic chokepoints in the world when it comes to oil transit.

With world oil output estimated at some 88 million barrels per day in 2011, the US Energy Information Administration estimated that some 17 million of those barrels passed through the Strait.

Here;  http://rt.com/news/iran-close-strait-hormuz-embargo-455/

Some people have told me, "Iran would never close that strait because it would kill their economy."

Now ask yourselves....isn't it Muslims that have perfected the suicide bomber over the past decade?  Don't you think it possible that they would be willing to die if they believed that their death may also cause the collapse of The West?

Also please remember that this Iranian regime believes that the 12th Imam is soon going to reveal himself on earth.....and a time of extreme chaos is needed for the 12th Imam to come out of hiding.....so just maybe they believe a collapse of the world is exactly what is needed to usher him in.

Think about it.

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