The Iranian Gov't has already mined most of the SoH. If they activate those mines....
Eh?! I have not seen anything even suggesting that they have mined the SOH, at least the navigable ship channels. If they had it would be a blatant violation of international law that we would have called them on a long time ago. It's not like they would be able to just sit there for a long time anyways, they do have a shelf life.
Iran CAN shut down the SoH, anyone who thinks they can not has not done any analysis of the situation. They won't be able to close it down forever, but the economic impact to the world market of a closure of a week or more could be devestating.
I think that shutting down the SOH is much harder than many expect, especially for a longer period of time. Not to mention the economic impact would be devastating on Iran itself and would cause significant domestic as well as international political problems.
You mentioned this, but wouldn't Iran be cutting off oil supplies to its allies, too? I don't think Iran's government is crazy enough to think that they can take on the entire world, and the long-term economic, political, and military troubles they'd incur from taking the act would far outweigh the benefits of cutting off the SoH.
Not only would it be devastating to Iran itself but it would severely damage relations with countries int eh region it has cordial relations with, notably Qatar and Oman, that rely heavily on the SOH and the economic benefits it brings.
It is a 'nuclear option', irony intended, where no one would win. Iran included. Which is why Brett.....
One must also temper one's view of such things in terms of what is likely to happen. Many things are possible, and while we must prepare for those potential trigger events, we can find solace in the notion that most of them will never, ever come to pass.
Brett
...is right. The closure of the SOH is a bogeyman that is often brought up when talking about Iran. However, the devastation that it would inflict on Iran, both economically and politically, make it a very unlikely scenario to happen any time soon, no matter how nutty the guys in charge seem to be.