Iran could just stop exporting oil is the position...based in what and on whose reality?
Does this writer actually believe that Iran isn't just as reliant on that income as the world market is on their oil? Does he also think that Iran's real trading partners for oil wouldn't be highly disappointed (China) and retaliate in kind.
AND, while our energy price would go up again, hasn't this issue been put to rest already? Our enery costs have nearly tripled in the last 24 months and it has not derailed the economy. (cue pending doom tympani)