iran and the strait of hormuz

In the event of an attack on Iran (which may occur)
it would be probability that Iran will respond by closing the Strait of Hormuz, the waterway where about 40% of all traded oil passes through.

Given the fear that Israel as of Iran completing its nuclear program and creating an atomic bomb, in my humble opinion there is a high probability that they will take some sort of action against Iran in the near future. (time frame 1 - 2 years)

All hell will break lose from Russia and China in support of Iran and WWIII would ensue.

All of this will make safe locations of energy resources very valuable.

Cant be much safer place on the face of the earth than Central Australia, irrespective which company owns it.

CB


"Iran has warned that it will respond to any attacks by hitting Israel and US interests in the Gulf. Analysts say Tehran could retaliate by closing the Strait of Hormuz, the waterway where about 40% of all traded oil passes through."

http://www.guardian.co.uk/world/2011/nov/11/leon-panetta-warns-iran-strike