War with Iran // Current TV

GLOBAL POLITICAL AWAKENING: Lindsey Graham Makes The Case For Strike On Iran, "Neuter the Regime"

Graham told the audience that newly elected conservatives would back "bold"... more

GLOBALPOLITICAL
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GLOBAL POLITICAL AWAKENING: David Broder: War With Iran Will Save Economy, Obama Presidency

So, David Broder has concerns! The economic situation in America is presenting a... more

GLOBALPOLITICAL
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Nationwide protests to oppose war with Iran

Street demonstrations, teach-ins, vigils, and "freezes" are among the events... more

goldenways
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3 years ago
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Secret war against Iran is underway

According to an article in the New Yorker, Seymour Hersh says Democratic Party leaders... more

Future_America
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3 years ago
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3 comments

Report: U.S. 'preparing the battlefield' in Iran

The Bush administration has launched a "significant escalation" of covert... more

merasyad
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3 years ago
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3 comments

Bahrain speaks out against war on Iran

Bahrain's security would be threatened if international tensions over Iran flared... more

merasyad
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COLUMN-Iran and nuclear consequences: Bernd Debusmann

(Bernd Debusmann is a Reuters columnist. The opinions expressed are his own)

By Bernd Debusmann

WASHINGTON, June 25 (Reuters) - When an Israeli cabinet minister said he thought an attack on Iran's nuclear sites was unavoidable, the price of a barrel of oil rose 9 percent to a new record in June. Nice, fat bonus for oil-producing countries, including Iran.

If rhetoric has that effect, imagine the consequences of an actual strike. The numbers have not been crunched, at least not in public, but a four-month computer simulation and gaming exercise carried out last year by the Heritage Foundation, a conservative Washington think tank, gives an idea.

It was based on an Iranian closure of the Strait of Hormuz, the passageway for 90 percent of oil exported from Gulf producers, in response to a U.S. attack on nuclear sites, air fields and air defense targets. The simulation showed the price of oil more than doubling, U.S. gross domestic product depressed for 2-1/2 years, private non-farm employment declining by more than one million jobs, and disposable personal income dropping by more than $260 billion.

In terms of oil and gasoline prices, last year were the good old days. At the time of the exercise, a barrel of oil traded at $65 and a gallon of gasoline in the U.S. averaged $2.80. It's now around $136 and $4.08 respectively and could well reach twice that after an attack. Tighten your belts!

The exercise did not measure the impact of the closure on Japan, more than 75 percent of whose crude goes through the Straits, South Korea (70 pct), India (65pct), or China (34pct). The assumption was that Iran would only succeed in closing the Strait for one full week, after which shipping would slowly resume.

Reaction to an attack on Iran would go beyond severe economic pain to the U.S. and other oil importers. One of the unintended consequences of the U.S. invasion of Iraq has been to greatly strengthen Iran which has the ability to wage guerrilla war by proxy on Israel (through Hezbollah in Lebanon and Hamas in Gaza) and has shown it can dial up (or down) Shi'ite violence in Iraq.

The military consequences of an American or Israeli attack on Iran are incalculable.
(Bernd Debusmann is a Reuters columnist. The opinions expressed are his own) By... more

Conniepae
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3 years ago
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Interactive guide to Iran's nuclear programme

... Not as dangerous as I just made it sound.

mischabarrett
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3 years ago
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Israeli official: 'Attack on Iran unavoidable'

Bad news. "An Israeli attack on Iranian nuclear sites looks... more

current89
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3 years ago
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Pushing Bush to attack Iran

Let's hope this doesn't come to pass ...

jjette
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3 years ago
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3 comments

War With Iran Might Be Closer Than You Think

There is considerable speculation and buzz in Washington today suggesting that the... more

Conniepae
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3 years ago
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3 comments

US-hired cargo ship fires at unknown boats in Gulf

A cargo ship hired by the US military fired warning shots at approaching boats in the... more

thedismembermentplan
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3 years ago
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Joint Chiefs chair: US prepping military options against Iran

** War with Iran is NOT OFF THE TABLE. Nothing is off the table! ** Should we be... more

Conniepae
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3 years ago
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Is an attack on Iran imminent?

Read the facts, listen to the spin. You be the judge. The facts are in plain sight. Listen to the 'talking heads'. Are they telling you the facts, or spinning war propaganda again?

by Dan Hamburg
George W. Bush is poised to order a massive aerial bombardment — possibly including tactical nuclear weapons - of up to 10,000 targets in Iran. The attack would be justified on grounds that Iran is interfering with U.S. efforts in Iraq and that Iran is developing a nuclear weapon, a charge that was debunked last fall in the National Intelligence Estimate (NIE).

According to international experts, the U.S. declared economic war against Iran on March 20. On that day, the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) called on the world’s financial institutions to stop doing business with Iran, making it much more difficult for Iran to engage in global commerce.

Now the Bush administration is preparing to drop the other shoe. Below are some of the indications that a U.S. military attack on Iran is imminent:

The March 11 resignation of CENTCOM Commander Admiral William Fallon who, according to a well-publicized Esquire magazine article, “openly opposed Bush’s Iran policy and was a lone voice against taking military action to stop the Iranian nuclear program.”

The recent removal of Vice Admiral John Stufflebeem, Commander of the 6th Fleet (Mediterranean Sea), also known to be a critic of the administration’s war plans.

Two U.S. warships took up positions off Lebanon last month. According to US News & World Report, “The United States would want its warships in the eastern Mediterranean in the event of a military action against Iran.”

The Israeli air strike against Syria last September was advertised as an attack on a nuclear facility. Current speculation is that the real purpose of the raid was to “force Syria to switch on the targeting electronics for newly received Russian anti-aircraft defenses.” Knowing the electronic signatures of these systems would reduce the risks for U.S. and Israeli warplanes heading to Iranian targets.

Israel conducted its largest military exercises ever beginning the week of April 6. This exercise simulated missile strikes from Iran, Lebanon, and Syria. (Note: Both 9/11 and the London subway bombing of 7/7/07 occurred simultaneous by with military and/or civil defense exercises.)

One day after a March visit from Vice President Cheney, the Saudi government announced “national plans to deal with any sudden nuclear and radioactive hazards that may affect the kingdom.” This announcement came following warnings of possible attacks on Iran’s nearby Bushehr nuclear reactors.

According to former U.N. chief weapons inspector Scott Ritter, the Pentagon has contracted for additional bunker-buster bombs and planes that carry them. Delivery is due this month.

Read the facts, listen to the spin. You be the judge. The facts are in plain sight.... more

Conniepae
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3 years ago
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World’s Must Urgent Issue Is Kurds' and Kurdistan's Issue.

World’s Must Urgent Issue Is Kurds and Kurdistan Issue. This is such an... more

KURDISTANI
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3 years ago
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1 comment

Press TV - Israel laying foundation for Iran war

Israel laying foundation for Iran war Wed, 02 Apr 2008 01:29:32 I’M... more

Conniepae
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3 years ago
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3 comments

Paul Craig Roberts: A Third American War in the Making?

TOO IMPORTANT TO IGNORE! Iran in the Crosshairs A Third American War in the... more

Conniepae
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3 years ago
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Saudi newspaper: prepare for radioactive fallout from US nuclear attack on Iran

The Saudi government is now preparing plans to deal with "any sudden nuclear and... more

Conniepae
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3 years ago
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59 comments

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