(May 23, 2019 at 8:52 am)AtlasS33 Wrote:(May 23, 2019 at 6:43 am)BrianSoddingBoru4 Wrote: Iran and Saudi Arabia together produce about 25% of the worlds oil. In 1973 oil was embargoed and in 1979 oil exports from Iran and Iraq virtually dried up. Both of these last much longer than 'a single week'. If these shortages (both real and perceived) didn't result in a global war, why would interruption of Saudi and Iranian oil do so?
Boru
25% of the world's reserve of oil is a huge portion, big enough to shake the economy of the globe.
A single organ might be a 5 or 10% of your body (probably less); but amputating it will hurt like hell and it will change your life permanently, might even kill you.
The least expected aftermath of such war is the change of the world's map. That means millions dead, and trillions of $ evaporating
But it's oil production, not reserves. Oil supplies have been disrupted before and the world recovered without resorting to global war. Additionally, I think you may be overstating the effects of a regional war involving Iran and the Saudis.
Boru
‘But it does me no injury for my neighbour to say there are twenty gods or no gods. It neither picks my pocket nor breaks my leg.’ - Thomas Jefferson