Middle East

Is the Iran ceasefire crumbling?

Is the fragile Iran war ceasefire over? It would appear so, with American and Iranian forces exchanging fire in the Strait of Hormuz. The renewed clashes follow President Trump’s launch of “Project Freedom,” which aims to use the US military to escort stranded ships out of the critical waterway. Trump said American forces had hit seven Iranian small boats, with the US military claiming to have intercepted cruise missiles and drones launched by Tehran. Trump earlier warned that Iranian forces would be “blown off the face of the Earth” if they targeted US ships in the strait or the Persian Gulf. Tehran says it fired “warning shots” at US warships, and

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The US is back in charge of the oil industry

The United States is getting sucked into a conflict in the Middle East, central banks are desperately trying to keep inflation under control and the world is facing an energy shock that may cripple the global economy. There are lots of ways the world looks very similar to the early 1970s. And yet, it is now clear that there is also one significant difference between now and then. Whereas half a century ago, the oil cartel OPEC was rising in power, with Tuesday’s shock decision by the United Arab Emirates to quit the group, it is clear that it is falling apart. In reality, the US is taking back control of the fossil fuel industry – and that is

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Who is really leading Iran?

In declaring an extension to the ceasefire in the Iran war, President Trump signaled clearly enough that he would prefer to strike a peace deal with Tehran. J.D. Vance, the Vice President, has been kicking his heels, waiting to return to the Pakistani capital Islamabad for another go at achieving a breakthrough. The Iranians keep blowing hot and cold on whether they are ready to play their part. Trump suggested in a social media post earlier this week that he believes this is because Iran’s government is “seriously fractured.” His ceasefire extension is aimed at allowing the regime time to deliver a new proposal. Trump may want to hammer everything

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Why Iran doesn’t want peace

Perhaps we should be used to be this by now. Yet again, there have been a flurry of promises to rapidly achieve peace in Iran. Yet again, the American administration has threatened to destroy the nation’s infrastructure. J.D. Vance is again flying to Pakistan for more talks. And yet the conflict shows no sign of ending. We don’t know whether the Iranians will actually turn up. A foreign ministry spokesman said yesterday that Iran will not be joining the talks. The speaker of the parliament Mohammad Bagher Ghalibaf has also made clear that the regime won’t negotiate under threat of civilizational destruction. Why would they resist peace talks? There is

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Iran is winning the meme war

The opening strikes on Iran forced the country’s military to operate without a centralized command structure. Despite this enormous setback, something like a unified approach has emerged, and nowhere is that more evident than on social media.  Iran’s embassies have become meme factories, centers of information warfare churning out images and videos designed to do just one thing: mock the US and Israel and, in particular, Donald Trump. Courtesy of Iran’s overseas missions, we’ve now seen Donald Trump as a minion from Despicable Me; a Lego man fleeing a Lego Jeffrey Epstein; and a Pirate of the Caribbean trying, and failing, to hijack the Strait of Hormuz. My personal favorite came when Trump

Who’s actually winning the wars in the Middle East?

If you read the New York Times or watch the foreign policy establishment’s “best and brightest,” you will be told, with imperious certainty, that America is losing the war in Iran and was stupid to begin it. The conspiratorial wing on both the right and left add that it is all the Jews’ fault, although they usually remember to mutter they mean “Israel” instead of all Jews, a gossamer cloak over what they really mean. If, on the other hand, you watch Fox News or read blogs by conservatives or military analysts, you will be told with equal certainty that America and its ally, Israel, are actually winning – and

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Israel won’t stop in Lebanon until Hezbollah is crushed

Direct US-brokered talks between Israeli and Lebanese representatives are set to take place in Washington this week. The Israeli delegation will be headed by Yehiel Leiter, Jerusalem’s ambassador to the US. Lebanon will be represented by Nada Hamadeh, the Lebanese ambassador to Washington. The State Department will host the negotiations. In his statement on Thursday announcing the talks, Israeli Prime Minister Benjamin Netanyahu framed their purpose as “disarming Hezbollah and establishing peaceful ‌relations between ⁠Israel and ⁠Lebanon.” Lebanese Prime Minister Nawaf Salam, for his part, expressed his hope that Beirut should become a “demilitarized city.” Even as the talks were announced, Lebanese Hezbollah’s attacks on Israeli population centers and Israel’s

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What will happen to Iran now?

What now after the collapse in peace talks between America and Iran in Pakistan? The gap between the two sides on the two critical issues – Iran’s nuclear program and the Strait of Hormuz – proved too big in the end. Is it back to war? What does the failure to reach a deal mean for the fragile, two-week ceasefire the two sides agreed? Whose fault is it that the discussions, which lasted for a marathon 21 hours, broke down? So far, there is little in the way of concrete facts about what exactly happened in Islamabad but the blame game is already under way. First out of the blocks

Of course these peace talks would fail

The US and Iran have failed to reach an agreement after 21 hours of peace talks in Pakistan. I can’t say I’m surprised. After all, we didn’t have to wait for the negotiations to finish to make an informed guess of the outcome. America and Iran agreed a ceasefire conditional on the Islamic Republic’s complete opening of the Strait of Hormuz. It has so far refused to honor that condition. Earlier this week, President Trump responded with fulminations: Iran “better stop now” if it’s charging tankers to pass through. But, in practice, all he has done is apply more pressure on NATO allies and send Vice President J.D. Vance to

We’re stuck at the worst possible oil price

A ceasefire has been agreed with Iran. The Straits of Hormuz will reopen. And the oil market will get back to normal very quickly. By Wednesday morning, it looked as if the energy crisis was over. Finance ministers will be breathing a sigh of relief as the crisis abates. But hold on. In reality, the truce is fragile, and huge amounts of supply have been taken out of the market. So long as that remains true, the price of oil, and with it the global economy, will remain stuck. The average price of $90 to $100 a barrel is not what anyone really thinks a barrel of oil is worth

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What will the Iran ceasefire cost Trump?

Might Donald Trump travel to Tehran this spring to open an American embassy and declare that he’s fallen in love with the new Iranian leadership? His volte-face on Tuesday night – announcing a two-week ceasefire with Iran – suggests that Trump is embarking upon a new course in the Middle East. After threatening to bomb Iran back to the Stone Age, Trump announced that it’s time to call the whole thing off: “We received a 10-point proposal from Iran, and believe it is a workable basis on which to negotiate.”  What that negotiation will look like is an open question. Early reports suggest that Trump, not Iran, caved on everything from Iran’s control over the Strait of Hormuz to acceptance of uranium enrichment, from the lifting of sanctions to

Why Iran thinks it’s winning

President Trump has what he so dearly craves; the attention of the global media and the world hanging on his every word. As time ticks down to Donald’s deadline, after which he is threatening to commit war crimes on an unprecedented scale against the Iranian people, the gap for negotiations narrows and the likelihood of a US ground invasion into Iran widens. We should be honest about the talks’ chances of success: very low. At present it is likely that negotiators are seeking only to find common ground, however thin, from which a pause in fighting can be agreed upon. We are talking here about the foothills of a framework

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The UAE and Oman could be the big winners from the Iran war

Sixty years ago, I first gazed out on the Strait of Hormuz from the Musandam peninsula of Oman. I was there as private secretary to my godfather, Selwyn Lloyd, who had been Britain’s foreign secretary during the Suez Crisis. The previous evening our host, Sultan Said bin Taimur, the ruler of Oman for nearly 40 years, commented gloomily: “When two fish are fighting in these waters, the British are behind it.” I estimate that I must have made at least 250 visits to the Gulf States in the intervening six decades. The key question which would surely now be asked by the ghosts of my former Middle East interlocutors –

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War and fishing in the Strait of Hormuz

On February 28, I jumped on a fishing charter with some friends and headed out into the Strait of Hormuz. There was barely any wind. The sea shimmered in the heat of the Gulf sunshine. On the very first drop of our lines, something hit my metal jig and went off like a rocket. After a couple more brief runs, a very stout, double-figure grouper rose through the water column, which I guided safely into the waiting net. It was a personal-best hamour (The Arab word for grouper), weighing between 10 and 12 pounds. I went on to catch a few interesting tropical fish, including a snapper, but I didn’t

Trump’s delusion of omnipotence

Donald Trump likes to use the phrase “go big or go home” to describe his political strategy. It looks as though the US President is about to stress test its efficacy as he weighs dispatching another 10,000 troops to the Middle East, a move that would further embroil him in the widely unpopular war in Iran. According to a recent Quinnipiac poll, 74 percent of Americans are opposed to a ground war against Iran. Small wonder. The prospect of an American Gallipoli is hardly going to inspire support for a war of choice in the Middle East, one that Trump embarked upon without inspiring any backing in the first place.

How Trump can ‘win’ in Iran

The United States is once again in a terrible predicament: a war where the definition of “victory” grows murkier by the day, against an adversary whose advantages lie in the tyranny of geography and its determination to fight. While the US and Israel enjoy overwhelming conventional superiority, a handful of cheap Iranian drones or weaponized IRGC dinghies have been able to take America’s Gulf oil allies offline and render the strategic Strait of Hormuz unnavigable. Donald Trump faces what we might call the “Corleone problem”: the don can end the war, but only if peace looks like a gift he’s granting, not a price he’s paying. America has been trapped

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Who is actually talking to the Iranians?

On Friday night, Donald Trump announced that America was “very close to meeting our objectives as we consider winding down our great military efforts in the Middle East.”  He even pinned the announcement to the top of his Truth Social account to make sure everyone realized he meant it. That did little to settle the markets over the weekend, however, so this morning he took to Truth Social again to go further in ALL CAPS:  The lingering fear is that the truth may be more TCCO (Trump Can’t Chicken Out) I AM PLEASED TO REPORT THAT THE UNITED STATES OF AMERICA, AND THE COUNTRY OF IRAN, HAVE HAD, OVER THE LAST TWO DAYS,

Has Trump averted an energy crisis?

Have markets and governments horribly underestimated the fallout from the Iran war, or is it the doomsters who have got it horribly wrong? President Trump’s announcement has rather caught the world off guard. This morning, he posted on Truth social saying that he is seeking a negotiated settlement with Iran and has postponed his planned attacks on energy infrastructure. Many expected a huge escalation in hostilities this week. Could this be yet another example of TACO (Trump Always Chickens Out), or was his threat to bomb energy infrastructure another crafted bluff – and that order to the global economy will be swiftly restored? At the end of this crisis, the

Israel can’t assassinate its way to victory over Iran

The killing of the Iranian senior security official Ali Larijani this week is the most significant “targeted assassination” undertaken since Israel’s killing (in cooperation with the US) of supreme leader Ali Khamenei on the opening day of the war. These two very high-level hits have been accompanied by a long list of killings of less well-known senior Iranian officials. These have included Islamic Revolutionary Guards (IRGC) commander Mohammad Pakpour, intelligence minister Esmail Khatib, armed forces chief of staff Abdolrahim Mousavi, defense minister Aziz Nasirzadeh, military intelligence chief Saleh Asadi and many others. Around 30 officials in all have met their deaths at the hands of this campaign. The borders between conventional

The Iran war won’t help Russia defeat Ukraine

For Vladimir Putin, Donald Trump is the gift that keeps on giving. Just as Moscow was tiring of the American president’s assurances that he could strong-arm Volodymyr Zelensky into accepting Russia’s terms for peace in Ukraine, the US-Israeli intervention in Iran caused a spike in the oil price. This has given Russia the chance to supply more oil to the global market and boost its flagging budget revenues. On balance, the war in the Middle East is set to bring significant benefits for Russia, but they will not be enough to bring about Putin’s most urgent desire: the defeat of Ukraine. Of course, the Russian president can bask in the

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