Iran will completely shut the strategic Strait of Hormuz if Trump executes threats to target Iranian energy facilities, the country's Revolutionary Guards said in a statement on Sunday.
Trump on Saturday threatened to "obliterate" Iran's power plants if Tehran did not fully reopen the Strait of Hormuz within 48-hours, suggesting a significant escalation barely a day after he talked about "winding down" the war, now in its fourth week.
In their Sunday statement Iran's Revolutionary Guards also said companies with U.S. shares will be 'completely destroyed', if Iranian energy facilities were targeted by Washington and energy facilities in countries that host U.S. bases will be 'lawful' targets.
If energy infrastructure is destroyed, then "paying a little bit extra at the pump" is just the beginning. You will need to reduce your overall consumption by 15-20%.
Remember the worst month of Covid? That's the last time consumption was reduced so heavily. Now imagine that Covid lifestyle for 5 years as energy infrastructure is rebuilt.
The joy of Trump's downfall will not be enough to mask the real economic pain, unfortunately.