Imagine the barrel of oil going up to 350$ and there are no oil in the market....wouldn't this hurt. A war in the persian gulf means no oil transportation throughout the Hormus gate...this by itself will be devestating and if you belive that Iran would bow down to the west and be scared of hunger....then you're fooling yourself and the rest. Iranian's can fast for two month and eat DATES....and fight....remember my words.
Iraq calls Turkish assault on Kurdish militants a dangerous escalation (Reuters)
from the article: Israeli officials think Iran retaliation threat is a bluff, NYT reports