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).
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Responding to Iran's nuclear ambitions »Responding to Iran's nuclear ambitions
How should the international community respond? »How should the international community respond?
Military strike on Iranian nuclear facilities »Military strike on Iranian nuclear facilities
Consequences will be severe »Consequences will be severe
Oil prices would spike upwards
Attempt to close the Strait of Hormuz to oil traffic »Attempt to close the Strait of Hormuz to oil traffic
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