The US blockade on Iranian shipments through the Strait of Hormuz is an attempt to pressure Tehran economically and induce Iran into making concessions while avoiding a broader military escalatory cycle. Iran’s muted response to the blockade is also a positive indicator that the country’s leadership remains open to a negotiated settlement rather than drawing the US further into a damaging military confrontation.

The direct talks between the US and Iran in Islamabad on 11 April were widely labeled a failure after ending without a deal. But it was not realistic to expect a single day of negotiations to deliver a comprehensive agreement after 47 years of hostility and six weeks of direct conflict. If the Islamabad talks prove to be the start of a process, that alone would represent a success. (CONTINUED - 1164 WORDS)

Read this article for free

Gain access to over 60-years of energy analysis and news

  • Delve into the details backed by data
  • Exclusive information from high-level officials
  • Assess future risks and opportunities


Source link

Rigs & Barge World