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Trump's reimposing a naval blockade and levy charges on commercial ships crossing the Strait of Hormuz unravels the last threads of the preliminary peace deal with Iran.

After several days of strikes, the president notified Congress that fighting had begun again and announced shipping fees that his administration previously deemed illegal.

Strikes and bluster on both sides, with Israel urging on Washington, are endangering the progress made The cycle’s familiarity should not obscure the gravity of the consequences as the US and Iran return to threats, strikes and a futile search for an exit from war via escalation. On Sunday, Tehran said that it had closed the strait of Hormuz again. The World Food Programme is already feeding 1.5 million fewer people this year owing to the illegal war launched by the US and Israel. Vulnerable countries are suffering most as existing crises are compounded: an extra 2.5 million people in Somalia and 2.3 million in Afghanistan are struggling to meet basic food needs. Even de-escalation would not fix this humanitarian crisis. The full impact on food production has yet to be felt. The strait was key to global fertiliser exports; as prices soared, many farmers cut back on use. The drying up of remittances from migrant workers in the Gulf hurts Asian as well as African nations. Do you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for publication in our letters section, please click here. Continue reading...

Disruption due to the Iran war has pushed LNG prices higher, helping US exporter Venture Global post a sharp rise in liquefaction fees Read Full Article at RT.com

Details of the framework peace agreement were finally shared with the public, revealing a raft of compromises with Tehran long opposed by Republicans.

The Administration has already lowered expectations as dealmaking proves challenging.