by Michael Snyder,End Of The American Dream:
It appears that diplomacy with Iran has failed. That means that it is just a matter of time before missiles start flying back and forth again, and once that happens it is inevitable that we will see some pretty dramatic escalations. The U.S. and Israel have already agreed on a target bank for when the war resumes, and the Iranians are promising “to reveal new cards on the battlefield”. But the more serious threat is what a prolonged closure of the Strait of Hormuz would mean for the global economy. Hardly any commercial vessels are getting through the Strait, and we are being warned that we could be facing a“summer of shortages”and widespread famines in impoverished nations all over the planet.
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Millions upon millions of poor people are not going to have enough food to eat if the Strait of Hormuz does not get reopened.
But that is not going to happen any time soon.
On Tuesday, the Iraniansannouncedthat they would not attend peace talks that had been scheduled in Pakistan…
Iran’s negotiating team has informed the United States through a Pakistani intermediary that it will not attend talks in Islamabad on Wednesday and that there is currently no prospect of participation, IRGC-affiliated Tasnim News reported late Tuesday.
Tasnim, citing sources, said the reason was what it described as a US breach of commitments.
Vice-President JD Vance was all ready to fly out to Islamabad, but his trip was called off at the last minute.
Of course we shouldn’t exactly be surprised by what has just occurred.
Source: SGT Report
