Published July 16th, 2006 by Future Atlas
Iran: scenario — US attack leads to global disaster
John Robb at Global Guerrillas argues that a US attack on Iran could have far-reaching consequences, in three waves:
- Instability intensifies in Iraq and the Persian Gulf, and oil prices spike.
- American targets are hit by terrorist attacks around the world. US forces in Iraq are forced to withdraw. The US falls into political crisis. “Radical reductions” in global economic activity occur.
- “A gulf monarchy falls. Successful terrorist attacks on oil production systems have deepened the global energy crisis …. The global economy goes into a severe and prolonged contraction. The worst finally happens: China’s export oriented economy collapses,” and the country fragments.
Analysis
- This is virtually certain as an outcome of US attack
- The scope and effect of terrorist attacks are uncertain. Withdrawal from Iraq would probably be accelerated, with negative consequences, including a strengthening of Iranian influence in Iraq (at least temporarily). The effects on oil supplies could be severe, as Iran has at least the power to disrupt the Persian Gulf. On the other hand, both the US and Iran would face mounting pressure to get the oil flowing again, and might work out a modus vivendi that enabled this. However, if the conflict escalates and the US appears bent on destroying the Iranian regime, Iran would have no reason for restraint.
- Severe economic consequences depend on the scope and duration of the disruption. The causal ties to the fall of a Gulf monarchy and the fragmentation of China are not at all certain.