For the moment, we have avoided a global economic cataclysm. President Trump was threatening to completely destroy Iran’s power grid if the Iranians did not reopen the Strait of Hormuz, and in response the Iranians were threatening to destroy oil and gas infrastructure all over the Middle East. Once that infrastructure is gone it would have to be replaced, and that would take years. Meanwhile, the entire world would be forced to endure the worst energy crisis in human history and the economic fallout would be intolerable. The good news is that President Trump has announced that he will not be attacking Iran’s power grid for at least five days. I think that once Iran released the list of oil and gas facilities that would be targeted if their power grid got destroyed, Trump decided to reconsider his plans…
Iran’s IRGC-affiliated Mehr news wrote: “In case of the slightest attack on the electricity infrastructure of the Islamic Republic of Iran, the entire region will go dark.” Here’s the target list it shared:
Saudi Arabia
- The Village (near Al-Khobar): gas power plant (4,000+ MW)
- Ras Tanura (Sharqiya Province): major oil and gas facility / power infrastructure
United Arab Emirates
- Barakah (Al Dhafra, Abu Dhabi): nuclear power plant (~5,600 MW)
- Jebel Ali (South Dubai): gas power and desalination complex (multi-GW capacity)
- Mohammed bin Rashid Solar Park (Dubai): large-scale solar power project
Qatar
- Ras Laffan (north Qatar): gas power plant (one of the largest in Qatar)
- Umm Al Houl (south of Doha): gas power + desalination plant (multi-GW capacity)
Kuwait
- Al-Zour South: oil and gas power plant
- Al-Zour North: combined-cycle power plant (multi-GW capacity)
- Shaqaya Energy Park (west Kuwait): solar and wind renewable energy complex
Please note that the Ras Laffan natural gas complex in Qatar is on that list.
It normally produces approximately 20 percent of the world’s entire supply of liquified natural gas.
17 percent of that facility has already been destroyed, but if the rest of it gets wiped out that alone would be enough to plunge the globe into an economic death spiral that would last for years.
I am sure that Qatar and the other Gulf countries have been screaming at Trump to pull back before it is too late.
Another reason why Trump could not attack Iranian power plants right now is because pro-regime civilians have started to form “human chains” around some of them…
Civilians in Ahvaz and Mashhad formed human chains around major power plants on Monday, according to footage published by the state‑run Fars news agency on Telegram. The videos show residents standing shoulder‑to‑shoulder outside the Ramin power plant in Ahvaz, many holding Iranian flags, while similar crowds gathered near a facility in Mashhad.
Images of U.S. bombs blowing up women and children would have absolutely horrified people all over the planet.
So there was no way that Trump could make good on his threats.
On Monday morning, Trump told the world that any attacks on the Iranian power grid have been delayed for at least five days…
It would be wonderful if “productive conversations” were taking place.
Let us hope that is the truth.
But the Iranians are completely denying that any conversations are taking place, and they are celebrating that Trump has “backed down”…
Shortly after US President Donald Trump announced that he is deferring “any and all” strikes on Iranian power plants and energy infrastructure on productive resolution talks, Iranian media reports denied any ‘direct’ or ‘intermediary’ communication with him.
“Trump, fearing Iran’s response, backed down from his 48-hour ultimatum,” Islamic Republic of Iran Broadcasting said in a post on X.
Ebrahim Rezaei, Spokesperson of the National Security and Foreign Policy Commission reiterated the claims and said, “Trump and America have backed down again. The field is still charging forward. Another defeat for the devil,” in a post on X.
Each side is telling a completely different story.
So what is the truth?
It is being widely reported in the western media that the individual that the Trump administration is communicating with is Mohammad‑Bagher Ghalibaf, but he is strongly denying this…
Multiple news outlets reported in the past hour that U.S. envoys Steve Witkoff and Jared Kushner had been engaged in negotiations with Mohammad‑Bagher Ghalibaf, the speaker of Iran’s parliament. But an X account attributed to Ghalibaf swiftly rejected those claims, saying no discussions with the United States had taken place.
The post accused unnamed actors of spreading “fake news” to manipulate global oil markets and insisted that the Iranian public “demand complete and remorseful punishment of the aggressors.”
Personally, I don’t know how Mohammad-Bagher Ghalibaf could have been much clearer.
And Iran’s Foreign Ministry is also telling us that there have been no negotiations…
Iran’s Foreign Ministry denied on Monday any direct negotiations with U.S. officials, but said “friendly countries” had conveyed messages from Washington seeking negotiations.
“In recent days, messages were delivered through certain friendly countries indicating that the U.S. sought negotiations to end the war. These messages were appropriately addressed in line with our country’s principled positions,” Esmail Baqaei, spokesperson for the Iranian Foreign Ministry, told the country’s state news agency IRNA on Monday. “In our responses, we issued firm warnings about the severe consequences of any attack on Iran’s critical infrastructure, emphasizing that any action against Iran’s energy facilities would be met with a decisive, immediate, and effective response from our armed forces.”
Maybe the Iranians are simply choosing not to tell the truth.
Needless to say, they don’t exactly have a strong track record for veracity.
Despite Iran’s denials, Trump continues to insist that there have been “very, very strong talks”…
“Well they’re going to have to get themselves better public relations people,” Mr. Trump said. “We have had very, very strong talks. We’ll see where they lead. We have points, major points of agreement, I would say almost all points of agreement. Perhaps that hasn’t been conveyed. The communication, as you know, has been blown to pieces.”
The president would not say who his administration is speaking to in Iran, only saying it was a “top” person but not the supreme leader. Mr. Trump added that Iran contacted the U.S., saying, “So they called, I didn’t call. They called. They want to make a deal.”
Ultimately, I don’t think that any of this is going anywhere.
As I write this article, missiles continue to fly all over the Middle East.
The Iranians just launched more attacks, and the Israelis continue to pummel targets in Iranian territory.
And thousands of U.S. Marines continue to sail toward the Middle East…
There has been no change in plans to send thousands more Marines and sailors to the Middle East, military sources told CBS News.
A second Marine Expeditionary Unit of about 2,200 Marines and three warships departed California last week, two U.S. officials previously said. It could take at least three weeks to be in place, although maybe more than that.
The first Marine Expeditionary Unit, coming from the Pacific, is still making its way toward the region.
In addition to the Marine units that are on the way, it is also being reported that elements of the 82nd Airborne Division could soon be sent to the Middle East…
Senior military officials are weighing a possible deployment of a combat brigade from the Army’s 82nd Airborne Division and some elements of the division’s headquarters staff to support U.S. military operations in Iran, defense officials said.
I think that Trump is really hoping that Iran will give him the sort of deal that he is seeking.
But that isn’t going to happen.
And Trump can’t pull the U.S. out of the war as long as Iran is preventing commercial ships from traveling through the Strait of Hormuz and as long as Iran is hitting targets all over the Middle East with drones and missiles.
The Iranians feel like they have control over when this war will end, and so they are making all sorts of extremely outrageous demands that the U.S. and Israel can never possibly accept. They actually want all U.S. forces in the Middle East to be completely removed, they want to continue enriching uranium, and they want the U.S. and Israel to fully pay for all the damage that their bombing has caused.
Needless to say, the U.S. and Israel will never agree to any of that.
So I think that this war is going to continue for quite some time, and I also think that more escalations are inevitable.
And that is really bad news for the global economy, because this war has already had “a worse impact on oil than the two oil shocks of the 1970s combined”…
The head of the International Energy Agency said Monday that the global economy faces a “major, major threat” because of the Iran war.
“No country will be immune to the effects of this crisis if it continues to go in this direction,” Fatih Birol said at Australia’s National Press Club in Canberra on Monday.
The crisis in the Middle East, he said, has had a worse impact on oil than the two oil shocks of the 1970s combined, and a worse effect on gas than the Russia-Ukraine war.
We should all be thankful that a nightmare scenario has been avoided for the time being.
But it appears that this is just a very temporary reprieve.
The Iranians will never give Trump what he wants, and the U.S. and Israel will never give the Iranians what they are seeking.
The two sides are not even in the same universe as far as what a peace deal should look like, and that means that a lot more fighting is still ahead.
Michael’s new book entitled “10 Prophetic Events That Are Coming Next” is available in paperback and for the Kindle on Amazon.com, and you can subscribe to his Substack newsletter at michaeltsnyder.substack.com.
About the Author: Michael Snyder’s new book entitled “10 Prophetic Events That Are Coming Next” is available in paperback and for the Kindle on Amazon.com. He has also written nine other books that are available on Amazon.com including “Chaos”, “End Times”, “7 Year Apocalypse”, “Lost Prophecies Of The Future Of America”, “The Beginning Of The End”, and “Living A Life That Really Matters”. When you purchase any of Michael’s books you help to support the work that he is doing. You can also get his articles by email as soon as he publishes them by subscribing to his Substack newsletter. Michael has published thousands of articles on The Economic Collapse Blog, End Of The American Dream and The Most Important News, and he always freely and happily allows others to republish those articles on their own websites. These are such troubled times, and people need hope. John 3:16 tells us about the hope that God has given us through Jesus Christ: “For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life.” If you have not already done so, we strongly urge you to invite Jesus Christ to be your Lord and Savior today.