To borrow the words of Pepe Escobar, the realignment taking place in the Middle East right now is "immensely important"!
Forget what you hear on the news, There are basically no negotiations between the US and Iran contrary to the media show taking place in Switzerland. The "real" negotiations are between Iran and Saudi Arabia by the intermediary of Pakistan and concern a new security arrangement for the whole Middle East.
The issue is not the simplistic concept of who won and lost the war. What really happened is that Iran single-handedly resisted the onslaught of the US war machine and by this feat alone redistributed the cards in the Gulf.
Long term, this means the exit of the US from the area and a more "local based" structure to maintain both peace and the flow of oil guaranteed by Pakistan (with China behind?).
This said, there are elements missing from the analysis of Pepe Escobar. The Israels of course are fulminating and have said publicly that they would NOT respect any specific clause from such agreement. More silently, the Emirates cannot welcome with open arms something which favor so obviously Saudi Arabia. Finally, India, the main buyer of Iranian oil looks strangely absent from an agreement centered on its archenemy, Pakistan.
What is certain is that the whole post-1973 petro-dollar arrangement of the last 50 years is now at stake. This concerns absolutely everybody and that indeed is "immensely important". Uncovering and understanding such seismic shifts is what this blog is about, not commenting the news which nowadays is mostly hogwash of propaganda and misdirection. With this context in mind, let's prepare for a turbulent Summer. Here's the details on YouTube:
BREAKING-PEPE: SAUDI ARABIA JUST DUMPED AMERICA-Will Pakistan's Nuclear Umbrella Now Cover Saudi ?
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