Iran will completely shut the strategic Strait of Hormuz if Trump executes threats to target Iranian energy facilities, the country’s Revolutionary Guards said in a statement on Sunday.
Trump on Saturday threatened to “obliterate” Iran’s power plants if Tehran did not fully reopen the Strait of Hormuz within 48-hours, suggesting a significant escalation barely a day after he talked about “winding down” the war, now in its fourth week.
In their Sunday statement Iran’s Revolutionary Guards also said companies with U.S. shares will be ‘completely destroyed’, if Iranian energy facilities were targeted by Washington and energy facilities in countries that host U.S. bases will be ‘lawful’ targets.
It will accelerate energy transition.
Even Fertilizers can be produced from renewable power (the hydrogen needed to make Amonia can be produced by electrolosys) and need not be made from gas.
A short sharp pain might be in the best mid and long term interest for most of us, the environment and even parts of the Middle East itself (American interference there makes no sense if their Oil is just another unimportant mineral product) and it might even lead to the end of the USD Reserve Currency status.