According to Akeyner, the problem begins with military logistics: in order to support an effective invasion of Kharg Island and to protect it, the United States Army will be forced to carry out a ground invasion into the mainland territory of Iran itself. Such a move, he explains, will increase the costs of the war dramatically and send world oil prices soaring above $140 per barrel.
But the Iranian response, warns the Turkish expert, is the one that really keeps the world leaders awake. Akinar points out that Iran won’t even have to waste its expensive missile arsenal. Instead, Tehran will use relatively cheap and simple equipment to exact a particularly painful price: direct and devastating damage to the oil production facilities of its neighbor, Saudi Arabia.
This horror scenario, in which the Saudi oil industry suffers a fatal blow, will lead to an unprecedented energy crisis. In such a situation, Akiner estimates, the price of a barrel of oil will easily cross the $200 mark. Such a jump would crush the global economy, accelerate inflation worldwide and cause a deep recession.
In the end, none of the global players, not the United States, not Europe and certainly not China, is interested in bearing the devastating economic consequences of such high oil prices. “I don’t expect the United States to push for such an attempt,” concludes Ekiner, “it’s just words.” It seems that as far as Kharg Island is concerned, the global economy is the Ayatollah’s regime’s best asset.
This horror scenario, in which the Saudi oil industry suffers a fatal blow, will lead to an unprecedented energy crisis. In such a situation, Akiner estimates, the price of a barrel of oil will easily cross the $200 mark. Such a jump would crush the global economy, accelerate inflation worldwide and cause a deep recession.
In the end, none of the global players, not the United States, not Europe and certainly not China, is interested in bearing the devastating economic consequences of such high oil prices. “I don’t expect the United States to push for such an attempt,” concludes Ekiner, “it’s just words.” It seems that as far as Kharg Island is concerned, the global economy is the Ayatollah’s regime’s best asset.
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