RE: What's the news?6 May 2026 12:50
The only way this stand off ends is if the USA makes several concessions to the Iranians, they will have to lift the stranglehold of harsh sanctions and release billions in withheld funds. My guess is the Nuclear question will be kicked down the road for 'later' negotiations, which will probably result back where we started with the Obama deal. Trump will obviously claim this a victory, in reality it's a total mess created by his own incompetence
In short the Iranians will come out far stronger and emboldened than they were in February
The Strait will take weeks to clear, then the damage will need to be assessed ref ME production. Oil will remain in short supply for the foreseeable
Let's see what Trump spouts next.