Some potential implications of this:
- Global prices for oil, natural gas, fertilizer, and other resources will remain high and volatile. Everyone will get poorer as a result. People who are already poor will experience critical shortages.
- The Gulf states will face serious and potentially existential stability crises.
- Iran is in a position to extract concessions from its adversaries and will almost certainly attempt to acquire a nuclear weapon.
- Countries in Asia, and potentially elsewhere, that depend on Middle Eastern oil imports will face destabilizing unrest.