Media outlets and blogs in Israel, England, and the U.S. have responded with considerable incredulity to claims by the Islamic Revolutionary Guard Corps (IRGC) of sanguine reactions if Iran tests an atom bomb.
The IRGC's scenario underscores an unfortunate reality, however. After years of hollow threats, politicians and generals in the U.S., E.U., and Israel likely will adapt to the mullahs obtaining a nuclear weapon. World stock markets would follow their lead and recover from initial tumbles. Crude oil and natural gas prices may surge for a while but will fall back down. Arab countries relying on petroleum revenues to stay afloat and Western ones needing a steady flow of energy to power their societies are likely to back away from challenging Iran.
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