The reality is EU & US/UK are in a very fragile state (the only outposts of Western civilization that stand today with strong foundations are Australia, Canada, Germany and maybe France). THe question is how long can the West tolerate high oil prices? - say $300/barrel or more. Not very long I suspect. Iran can shutdown the Persian gulf for a couple of months and that would ruin the precarious Western economies. Iran also has great support in Iraq. Thats a lot of oil under Ayatollahs thumb. Their proxies Hizbullah can raise hell in Israel. All in all the Ayatollahs have enuff cards to continue their rule unfettered.
If were a betting man I would wager the West falls before Iran.
If were a betting man I would wager the West falls before Iran.
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