Managing Iran's Actions to Avoid Collapse of Global Economy

Managing Iran’s Actions to Avoid Collapse of Global Economy

Posted: September 30th, 2019

By Norman T. Roule

Norman T. Roule is a geopolitical and energy consultant who served for 34 years in the Central Intelligence Agency, managing numerous programs relating to Iran and the Middle East. He served as the National Intelligence Manager for Iran (NIM-I) at the ODNI from 2008 until 2017. As NIM-I, he was the principal Intelligence Community (IC) official responsible for overseeing all aspects of national intelligence policy and activities related to Iran, to include IC engagement on Iran issues with senior policymakers in the National Security Council and the Department of State.

Saudi Arabia’s Crown Prince, Mohammed bin Salman is warning that military conflict with Iran would collapse the global economy. He made the statement during an interview with CBS’ 60 Minutes and said that he prefers a political solution over a military option.

“The region represents about 30 percent of the world’s energy supplies, about 20 percent of global trade passages, about four percent of the world GDP (gross domestic product),” said the crown prince. “Imagine all of these three things stop. This means a total collapse of the global economy, and not just Saudi Arabia or the Middle East countries.”

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