The Middle-East is always a fool's step away from a general war. However, we seem to be edging closer. From The Atlantic:
Western powers had thought that a preemptive strike on oil-rich Iran could have devastating implications for the region and the world. It could undermine the global economy (especially at a time of high oil prices) and peace in the Middle East. It could rain rocket fire on Israeli towns and possibly shift global power balances. But now, some American and Israeli experts--both inside and outside their governments--argue that Iran is less likely to retaliate in a serious way. An attack, in other words, may have fewer drawbacks than the skeptics first thought.
Partly, this has to do with Iran's internal problems. Its government is mired in chaos and infighting, its military is weak and disorganized, and its economy is crippled. Iran's main proxies, Hezbollah and Hamas, are not eager to attack Israel, and the United States is less vulnerable in Iraq now that its military has withdrawn. Tehran's lone ally in the region, Syria's Bashar al-Assad, is fighting a civil war. Iran "basically only has three asymmetric options for retaliation," says Matthew Kroenig, who recently published a controversial essay in Foreign Affairs urging a U.S. attack on Iran as "the least bad option."
First, it could support terrorists and proxy groups. But Kroenig points out that Hezbollah and Hamas, which both possess missiles and rockets along Israel's border, do not want to relive the devastating Israeli counterattacks of the 2000s. "Neither wants to provoke another Israeli invasion," Kroenig says. "They might engage in some kind of token retaliation just to satisfy Iran," but it wouldn't fundamentally change life for Israelis.
Second, Iran could fire ballistic missiles "at population centers in the region and at U.S. bases and ships," says Kroenig, who until last July was a special adviser to then-Defense Secretary Robert Gates. "But their missiles aren't all that accurate."
Third, its irregular navy, run by the Iranian Revolutionary Guard Corps, could wreak havoc in the Persian Gulf or even possibly close strategic oil-shipping lanes in the Strait of Hormuz, as Tehran warned recently. "They do have a bunch of guys on speedboats," Kroenig says. "But if we bombed half a dozen nuclear facilities, I don't think their response is going to be to close the straits, especially if we issue a clear deterrent threat.... We could completely destroy their navy in a matter of weeks." Anyway, Iran desperately needs oil sales to keep its sanctions-damaged economy going, so it is unlikely to halt the petroleum trade. That fact could assuage White House fears about a spike in gas prices bad enough to shake the global economy during an election year.