"How could "Iraq" side destroy US ships ? What kind of missile they were permitted to use and how it could be guided ?! Or all this is just another BS to get more mooneys "
Exocet missiles.
Ask the British how pissed they were when a couple of cheap argentinian fighters plinked a few into some of their frigates and sent a few ships to the bottom during the Falkland war.
Besides, if Iraq ever gets to shooting at ships, its most likely to just send an chemical warhead in the general direction, take an entire carrier group outta action if it cant launch its fighter planes 'cause the air is fulla poison.
(but then again, Baghdad will be glowing a few minutes after heehee)