"Delaying the 48-hour ultimatum [Washington] gave Iran to reopen the Strait of Hormuz is a strategic defeat," global energy expert Dr. Mamdouh G. Salameh tells Sputnik, casting doubt on Washington's narrative regarding the alleged negotiations.
The expert outlines three possible explanations:
It's an attempt to find a way to disengage from the war and declare victory
Alternatively, it could be a ploy to dupe Iran until the US Marines are in place to try to reopen the Strait of Hormuz by force, but it is doomed, the pundit warns
Third version: the US apparently wants to save Israel’s Dimona nuclear center from destruction
The US claimed on March 21 it would “obliterate” Iran’s power plants unless the Strait of Hormuz was reopened within 48 hours — a threat Iran says would be met with retaliation against critical infrastructure in Israel and the Gulf.
Shifting Oil Prices
Brent crude plunged nearly 14% to $96 a barrel shortly after the announcement of the US-Iran talks
It surged again above $100 following the Iranian Foreign Ministry's denial of holding talks with the US
The US is either trying to trick Iran, or influence rising oil prices, or both, Salameh believes.
"The global oil market knows when a lie is being told and Iran won’t fall for it," he says. The US risks becoming "the biggest loser of rising oil prices by the fact that it still imports an estimated 8 million barrels a day."