23 nations
- Gustavo A Cano, CFA, FRM

- 3 minutes ago
- 1 min read
After two weeks of conflict, and two weeks of closure in Hormuz, 23 nations have signed a joint statement condemning the closure and pledging readiness to ensure safe passage. But no commitment of war ships, no escorts, no military operation. The world is choking, and someone thought they could ask Iran to reopen the strait, when that’s perhaps the only effective negotiating card they have left. Furthermore, neither the U.S., nor China or Israel are signing the letter. Countries that are not actively participating in the conflict, are requesting (nicely) to lift the uncomfortable block is giving them a tough headache. The Iranian government has responded with 4000 km range missiles, something they’re not supposed to have, aiming at Diego Garcia an American military base in the region. They’re also threatening to hit desalinization plants in the gulf region to leave everyone without drinking water, and threatening to close the strait of Bab el-Mandeb on the read sea, through their allies, the Houties. The three parties involved are doubling down. The U.S. and Israel keep attacking, and so is Iran. A nice letter does not work against an existential threat. The choke continues. How long before Israel and the U.S. realize this war will only end with the nuclear option?
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