Iran war (part 2), The calm before the storm ?
In my last article I had speculated on three options the US had when a ceasefire was first declared. Of those, they exercised the second option - `The Blockades and negotiations continue’. I had stated: This will be an endurance test between the ability of Iran’s economy to survive without oil revenues and price rises in the rest of the world Iran war 2026 - Part 1 The US assumption behind their counter blockade, was based on two assumptions: 1. Iran will be deprived of oil revenue which will collapse their economy. 2. If Iran cannot store the oil they are extracting, they have to stop extraction, which will render their oil wells unusable for months (in some cases longer). These assumptions have been amplified by President Trump’s tweets saying for e.g. that `in three days, the Iranian oil industry will blow up’ referring presumably to the collapse of oil wells, if production is stopped. There have also been several statements about Iran `being broke’, specifi...