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in this age of globalization and energy as a global commodity, putting Hormuz under military force and imposing oil embargo cant be afforded by any country dependent upon Persian Gulf oil. Being one the largest oil supplier, Saudi Arabia has developed oil depth with international community. Iran and Iraq may go ahead with their madly design but the consequences will deadly fatal to them.
So there is no worry even if both countries misuse their geo-political advantages. world will come forward and save the global economy in this era of economic meltdown.