I think Iran is smart enough to know that if they actually mess with the worlds oil, the world will stop playing games. To actually cut off the straight would be the equivalent of standing on a railroad track to stop an approaching train. i.e. Iran would be committing suicide.
I don’t expect anything to happen.
I’m tired of hearing about how OPEC will simply cut production to increase the price of oil if the US increases their oil out put.
Well, yes, OPEC would do that, but only in the short term. It wouldn’t work as a long term strategy. What OPEC would do is simply sell their supplies to China and India.