IS IT A WAR? A STALEMATE? A QUAQMIRE? The Wall Street Journal reports that President Donald Trump has “instructed aides to prepare for an extended blockade of Iran.” The president took that action, the Wall Street Journal said, after assessing that “other options—resume bombing or walk away from the conflict—carried more risk than maintaining the blockade.”
Trump made the determination in the weeks of fruitless negotiations since the ceasefire began. In that time, Trump has occasionally threatened a massive renewed U.S. attack if Iran did not give up its nuclear program. In return, Iran has given Trump the runaround, offering some immediate concessions but nothing on the nuclear issue. That has been true even after Trump settled upon the blockade strategy designed to put “maximum pressure” on Iran’s economy.
Meanwhile, with the Strait of Hormuz paralyzed, the price of gas has continued to go up. According to AAA, one year ago, the average price of
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