Fw: Gas at the Pump Could Go To $20 If War Comes to the Straits of Hormuz

Gas at the Pump Could Go To $20 If War Comes to the Straits of Hormuz By YOUSSEF IBRAHIM, Special to the Sun | January 10, 2012 http://www.nysun.com/foreign/gas-at-the-pump-could-go-to-20-if-war-comes/87648/ Send Comment Share: Iran's threat to close the Strait of Hormuz is a promise of heart attack for the world's economy and a challenge for military planners.  Yesterday, Iran doubled its taunt by sentencing a former marine with dual Iranian-American citizenship to death, for spying. The moves set up America and its Western allies for a confrontation with Iran. A clash would be the third armed conflict after Iraq and Afghanistan. The former two began triumphantly until they transformed into quagmires. How is a new conflict likely to evolve? Iran has used American hostages in the past to extract money. Whether it crosses this line to execute the 28-year-old Amir Mizraei Hekmati, who served in Iraq, remains to be seen. Continue Reading   The New York Sun