Oil prices would spike upwards
A military attack is likely to make oil prices rise steeply; particulary if Iran follows through on its threatened response to close the Strait of Hormuz (the world's principal passageway for oil exports).
CONTEXT(Help)
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Responding to Iran's nuclear ambitions »Responding to Iran's nuclear ambitions
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How should the international community respond? »How should the international community respond?
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Military strike on Iranian nuclear facilities »Military strike on Iranian nuclear facilities
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Consequences will be severe »Consequences will be severe
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Oil prices would spike upwards
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Attempt to close the Strait of Hormuz to oil traffic »Attempt to close the Strait of Hormuz to oil traffic
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