by Michael Snyder, The Economic Collapse Blog:
This is a moment in history that we will remember for a long time to come. Even though we were told over and over again that a deal with Iran was almost “finalized”, the truth is that there never was going to be a deal with Iran. It was all smoke and mirrors. The U.S. couldn’t give Iran what it was demanding, and Iran simply refused to give the U.S. what it was demanding. Now negotiations have totally collapsed, and it appears that the war is back on. Needless to say, this is going to be absolutely devastating for the global economy.
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The Iranians are absolutely furious that Israeli troops have been advancing deep into Lebanese territory during the ceasefire period, and they are identifying that as the primary reason why they have decided to pull out of talks with the United States…
Iran negotiators will stop exchanging messages with the U.S. through intermediaries, and Tehran will move to fully close the Strait of Hormuz, in retaliation for ongoing ceasefire violations, Iran’s state-affiliated news outlet Tasnim said Monday.
The report, in a translated post on the social media site Telegram, homed in on Israel’s military operations in Lebanon against the Iran-backed militia Hezbollah.
“No dialogue will take place” until Israel fully withdraws from occupied areas in Lebanon and stops all attacks in both Lebanon and Gaza, per Tasnim.
Israel will stop shooting as long as Hezbollah agrees to stop sending attack drones into northern Israel.
But there is no way that we are going to see the IDF completely pull out of Lebanon.
If the Iranians are waiting for that to happen, they will be waiting for a really, really long time.
The Iranians are alleging that the U.S. naval blockade of the Iranian coastline is also a violation of the ceasefire, and they want that to end too.
President Trump has vowed to keep that blockade going until a deal is finally reached, and so the Iranians are not going to get that either.
So it appears that any hope for a deal is completely dead, and the Iranians apparently intend to “completely block the Strait of Hormuz and activate other fronts including the Bab al-Mandeb Strait”…
“Also, the resistance front and Iran have resolved to completely block the Strait of Hormuz and activate other fronts including the Bab al-Mandeb Strait, in order to punish the Zionists and their supporters,” the report said.
The Bab el-Mandeb Strait is a trade chokepoint that connects the Red Sea to the Gulf of Aden.
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