The World's Most Important Oil Pipeline??

Read about it here. I have talked about some of the potential pitfalls that attend the option of stopping Iranian nuclear weapons development militarily. First, there was fear that bombing Iran would stoke nationalism. I think that is now out the window, Iranians hate their regime and I'd say it's a toss up whether Iranians would welcome or recoil if its nuclear installations were bombed. Finally, one of the big risks to a bombing campaign is the potential shenanigans that the Iranian can pull off in the Strait of Hormuz that would disrupt global oil markets. First, it is a hell of a lot better to do have oil at $70 than $140 when the bombs drop - $45 would have been nicer - but that window is clsoed. Well, if the ADCOP is completed in 2011, Iranian shenanigans could have significantly less disruptive impact on global oil markets. Question is, will it be too late? Perhaps not, the Israelis are good at buying time, as their pre-Osirak covert ops proved. Conditions have never been better to hold a military option over the head of the Iranians and do some world-class arm twisting, alas, that doesn't even seem to register in this administration's thinking. Even so, the risks are declining for a military strike against Iranian nuclear development facilities, which means the odds are going up.

UPDATE: Speed it up boys.