Why Iran's Seyyeds would never block the Straits of Hormuz

'We would never look to use oil as a weapon', Ahmadinejad said in response to a Thomson Financial News question.

OPEC SUMMIT ROUNDUP Ahmadinejad attacks US dollar, says won't use oil as weapon - Forbes.com

You know, if he did use it as a weapon, that would certainly end things for all the peak oil and Seyyed supporters.  Think of this scenario.   The US and its allies have enough power in the Persian Gulf to stop and monitor any traffic through the Straits of Hormuz.  It would not take that long for the world to realize that the oil is better used if it is all piped across to the Mediterranean, Arabian Sea or Red Sea.  The price would jump, but it would fall even more, as the contingency plans would kick in, and the whole world would be in the Persian Gulf.  Heck they would seal off Iran.  Moreover there would be a huge embargo on everything Iran did, Seyyed or otherwise.  Yes the monkey knows this.  Anyway with this comment of his, he is sure to drop the insurance rates, and so the price of oil will collapse.  And he wanted the price to go up.  What a nutter.  What a laugh.