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"A thought. Without Iran selling gas/oil to other countries it would no longer have any meaningful income. It's economical system and banking systems would collapse."

They would attack shipping in the strait before that happened...and, the war would be on.

In fact, I expect they'll attack the day the security council applies sanctions.

"In fact, I expect they'll attack the day the security council applies sanctions."
I would not place a bet against your suggestion. Then again, unless their all totally fired up on opium, they must realize few things will get damaged. A couple sunk freighters/tankers will be cleaned up, and Iran will then loose two arms and two legs, or more. As you well understand if they where to actually try to knock out any of the facilities in the UAE, for instance, things would move quickly, to allow the US to take them out. The Europeans depend to much on the oil/gas coming out of the Persian gulf. Don't screw around with their economies or they will wake up. Thereby giving GWB the green light in interest of all, and the Russkies and Chicoms will have to sit on the side lines and see yet another future ME countries slip from their finger tips.