The Iranian authorities insist that they will keep preventing vessels from the US and its allies from going through the Strait of Hormuz, which accounts for some 25% of global crude trade, for as long as the country is being harnessed.
Importantly, it is best to remember that methods of warfare have changed radically since the Iraq War. On this occasion, Israel and Washington DC, armed only with a knife, have blundered into a gunfight.
The Department of War later acknowledged that 110 troops suffered traumatic brain injuries, with an inspector general report suggesting the number may have been even higher.
IMF officials, including chief economist Pierre-Olivier Gourinchas, say the Fund said heavily indebted governments like the UK would have little room to cushion the blow. This frailty would leave households and businesses more exposed.
Global policymakers are warning that the immense scale of destruction in the Gulf could have lingering effects for a long time to come, regardless of what happens in Islamabad, Karthik Sankaran noted in an analysis for Responsible Statecraft.
Americans should ‘enjoy’ the current prices at the pump, Iranian Parliament Speaker Mohammad Bagher Ghalibaf warned, adding that ’soon you’ll be nostalgic for $4-$5 gas.’
The US president said Iran’s 10-point proposal offers a ’workable basis on which to negotiate,’ with most points of past contention already agreed upon.
Typical Trump bluster and empty threats, or is the world facing Armageddon? Iran will irrevocably perish as a civilization tonight, US President Donald Trump warned.
‘Open the Fu*kin’ Strait, crazy bastards’ Trump screams as he threatens indomitable Iran with strikes on power plants, bridges.
Lloyd’s List magazine said earlier that one vessel has already paid $2 million for transit. Tasnim news agency estimated that Tehran could make around $100 billion annually. This would be under the scheme once traffic in the strait is fully restored.
Michael Walsh Stories and Books 
Recent Comments