Guest Post by Matt Bracken
If you are a neocon warmonger, and you REALLY want to set off WW3, this would be a great way to do it. Send an old CVN [about to be scrapped anyway] and 5,000 Navy sailors to the bottom of the sea.

In the coming days or weeks, Iran, with its own oil industry very likely to be wrecked and its oil exports shut down by that point, may close the Strait of Hormuz. 20% of global oil shipping will stop when the strait is closed. The global economy will crash as the price of crude oil soars. Industry in China, Japan and South Korea will grind to a halt.