PAKISTANTV — broadcast
20260915 090000 UTC
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[00:00:20] with the news
[00:00:20] of the hour. Let's have look at the headlines
[00:00:22] first.
[00:00:37] of Deputy prime minister
[00:00:40] of and forem minister speaks with director general
[00:00:43] of the IAEa and candidate for UN
[00:00:46] secretary general Rafael Grossi saying the Islamabad
[00:00:50] Mou remained the best course of action to diffuse tensions in
[00:00:54] the
[00:00:56] of region.
[00:01:00] Saudi crown prince mhahammad bin Salman discusses regional
[00:01:04] in developments and bilateral relations with US
[00:01:07] of of central command chief admiral Brad Cooper a meeting in
[00:01:13] of Jadda.
[00:01:17] Saudi Arabia launched air strikes on Houti targets in
[00:01:21] Yemen, retaliation after Houti attacks on Saudi
[00:01:24] of cities injured 13
[00:01:26] of civilians.
[00:01:29] in
[00:01:41] Iran's supreme national security council Minsan Razy
[00:01:45] reject any talks
[00:01:46] of with the US until
[00:01:48] of Tehran's conditions are
[00:01:51] of met.
[00:01:56] Crude oil prices for both contracts trade. as
[00:02:00] tensions escalate in the middle east with brand crew at
[00:02:03] $105 a barrel and WTI at
[00:02:07] $1
[00:02:09] about.
[00:02:21] Interior minister Mersin Nakvi meets his lebanese counterpart
[00:02:25] Ahmed Alhajar in Islamabad to discuss the
[00:02:28] focused. on strengthening cooperation in security, counter
[00:02:32] terrorism, narcotics control, illegal immigration, money laundering
[00:02:36] a and cyber crime
[00:02:37] prevention.
[00:02:42] of
[00:02:45] first secretary at pakistan mission at Geneva Adil Mumtaz
[00:02:49] Koker said that India's claims of
[00:02:52] of of cross border terrorism ring hollow when its own serving naval officer
[00:02:56] Philbushan Jadev was apprehended on
[00:02:59] of Pakistani soil. for espinage and terrorism, while Indian
[00:03:03] agents have also been implicated in transnational crimes
[00:03:06] abroad.
[00:03:13] India faced embarrassment at the brick summit due to the conduct of
[00:03:17] senior officials and circulation of misleading aigenerated
[00:03:21] images which triggered widespread criticism and raised
[00:03:24] questions about New Delhi's diplomatic
[00:03:26] standards.
[00:03:50] the deputy prime minister of
[00:03:52] a Pakistan, the deputy prime minister and foreign minister spoke with
[00:03:55] of ambassador Rafael Grossi, director general
[00:03:57] of the IAEA
[00:03:59] of and date for UN secretary general late last
[00:04:03] night. According to the Ministry of foreign affairs, both
[00:04:06] of sides discussed the evolving regional situation and agreed that
[00:04:10] of implementation
[00:04:10] of the Islamabad Mou remained the best course of action to diffuse
[00:04:13] tensions. Ambassador Grossy offered technical support, should the
[00:04:17] need arise. The deputy prime minister reaffirmed Pakistan's enduring
[00:04:21] commitment to advancing the purposes and principles
[00:04:24] of the UN charter and to respecting international law and
[00:04:28] treaties. He also... highlighted the crucial importance
[00:04:31] of the UN system in realizing the global peace and development agenda. he
[00:04:35] wished ambassador grossey well in his campaign for the office
[00:04:39] of the
[00:04:39] UNSG.
[00:04:44] Saudi crown prince Muhammad bin Salman has discussed regional
[00:04:48] developments with US central command chief admiral Brad Cooper in
[00:04:51] Jadda. Saudi State media reported that during the meeting with
[00:04:55] Cooper and his delegation, the two sides reviewed bilateral relations
[00:04:59] between Saudi Arabia and the US and discuss the latest developments
[00:05:03] in the region. The meeting was attended by minister of state, cabinet
[00:05:07] member and National Security Advisor Dr. Musaid bin
[00:05:10] Mohammed Alban.
[00:05:16] Saudi Arabia hits hoti targets in Yemen retaliation after 13
[00:05:20] civilians were injured in Houti attacks in the Saudi cities
[00:05:23] of Hamis, Musheit, Abha and
[00:05:27] Taif. The hoothies had targeted civilian infrastructure and
[00:05:30] caused minor to moderate injuries to people. At least sev homes
[00:05:34] and two vehicles were also damaged. Saudi Arabia carried out
[00:05:38] 54 air strikes on Yemen over a 24-hour period as
[00:05:42] Houti forces made rapid gains along the red sea coast, huuti
[00:05:46] military spokesman claimed that Saudi war planes targeted areas
[00:05:50] in Thaiz, Laj, Aljof, Marib and
[00:05:54] Huder.
[00:05:59] Iran security chief has rejected any talks with the US until
[00:06:02] Tehran's conditions are met. In a post on ex secretary of Iran's
[00:06:06] Supreme National Security Council Mosan Rizay said that no one should be
[00:06:10] distracted by the US president signals from no
[00:06:13] negotiations to, we
[00:06:15] are ready to talk, he said that the stakes around oil and the
[00:06:19] straits have changed and damage control would not stop what's
[00:06:23] coming.
[00:06:27] crude oil prices for both contracts trade higher as tensions
[00:06:31] escalate in the middle east where the brand crew trading at $105
[00:06:35] a barrel and us benchmark west texas intermediate at
[00:06:38] $101 a barrel. the surge comes after Iran
[00:06:42] lined hoothi forces, target Saudi Arabia and capture Perim
[00:06:46] Island in the Babel Mandab straight. markets concerns
[00:06:50] also grow after Gulf states postpone talks with Tehran on
[00:06:53] establishing a temporary shipping lane through the straight of farmus. The straight
[00:06:57] carries around one fifth the global oil and gas supplies, raising
[00:07:01] fears of further energy
[00:07:02] disruptions.
[00:07:08] Moving on, interior minister Murson Naqvi has received his lebanese
[00:07:11] counterpart.
[00:07:13] al hajar at the interior ministry. both leaders held one-on-one
[00:07:16] meeting which was followed by delegation level talks. the
[00:07:20] discussions focused on strengthening cooperation in security, counter
[00:07:24] terrorism, narcotics control, illegal immigration, money laundering
[00:07:28] and cyber crime prevention. both sides also agreed to enhance
[00:07:32] collaboration between police, academies and training
[00:07:35] programs. the ministers decided to sign memorandum of
[00:07:39] understanding to promote cooperation between the two interior ministries, and
[00:07:42] appoint focal persons to improve bilateral coordination.
[00:07:46] They also agreed to enhance intelligence sharing to counter security thruats,
[00:07:50] terrorists and drug mafias while ensuring full implementation
[00:07:54] the existing mou on narcotics control. The regional
[00:07:58] situation and Pakistan's efforts to promote lasting peace were also
[00:08:01] discussed. The two sides considered visa free entry facilities for
[00:08:05] diplomatic and official passport holders. Naqvi
[00:08:09] said the wizard would open new avenues for cooperation. while
[00:08:13] al-Hajar described Pakistan as a brotherly country and expressed
[00:08:17] Lebanon's desire to expand cooperation in areas of neutral
[00:08:20] interest.
[00:08:25] First secretary at Pakistan mission at Geneva Adil Mumtas Kokhar
[00:08:29] said that India's claims of cross border terrorism ring hollow when
[00:08:33] its own serving naval officer Kulbushan Jadav was
[00:08:36] apprehended on Pakistani soil for espinage and terrorism while
[00:08:40] Indian agents have also been implicated. on transnational crimes
[00:08:44] abroad, exercising a right of reply at the
[00:08:47] UNHRC, coker said international law is not a
[00:08:51] menu of options to pick and choose from. the permanent court of
[00:08:55] arbitration has affirmed that the Indus waters treaty remains fully
[00:08:58] inforce and India must observe its obligations under
[00:09:02] it. he said, India may fancy itself the regional
[00:09:05] bully, but it cannot bully its way out the Indus Waters
[00:09:09] treaty.
[00:09:15] "the brick summit in New Delhi has come under criticism with viral
[00:09:18] videos showing senior Indian officials displaying unprofessional conduct
[00:09:22] during speeches by foreign leaders. during Russian President
[00:09:26] Vladimir Putin's address, Indian national security advisor Ajit
[00:09:30] Doval were seen appearing focused on food while foreign
[00:09:34] ministry spokesperson Randhir Jaswal was similarly shown
[00:09:38] eating during Iranian President Masud Paziskian's remarks, the
[00:09:41] videos trigger. criticism on social media with users questioning the diplomatic
[00:09:45] etiquet displayed by the Indian officials. Indian
[00:09:49] journalist Ashok Swan also criticized the foreign
[00:09:52] ministry saying that it was more focused on publicity and
[00:09:56] free food than improving India's international image.
[00:10:00] Meanwhile, BJP linked figures faced criticism after sharing
[00:10:03] AI generated and misleading images from the bricks summit, some
[00:10:07] images depicted former Iranian president Ibrahim
[00:10:11] Raisi who... in 2024 attending the
[00:10:15] event. Other images falsely appeared to show the Turkish
[00:10:18] President participating in the summit. The controversy has sparked
[00:10:22] a wider debate over India's diplomatic conduct. and the use of
[00:10:25] manipulated imagery to portray political and diplomatic
[00:10:29] achievements.
[00:10:35] well viewers, that is all from the news room for now. for more details and live streaming do log to
[00:10:38] website that is www.pakistantv.com and also follow us on our
[00:10:42] social media that is pakistantv global. keep
[00:10:45] watching.
[00:11:48] We'll begin with the top stories the day or as we call them, region
[00:11:51] lines. We start from the
[00:11:55] middle east where the Gulf Arab states have cancelled a plan meeting with Iran on Monday as
[00:11:59] fighting spread further across the Middle East with Yaman Zuthis launching a new attack
[00:12:03] on Saudi Arabia and raising fresh concerns over global
[00:12:07] oil supplies. Oil prices have also risen about $108
[00:12:10] per barrel after drone attacks force Saudi Arabia to close its East West Crude Oil
[00:12:14] pipeline.
[00:12:15] Moving
[00:12:20] on, US President Donald Trump says he has warned Ukrainian president Vlodimir Zelensky to
[00:12:24] stop taking russian oil refineries saying the attacks are
[00:12:27] causing fuel shortages and hurting other countries. meanwile, russia says its air
[00:12:31] defenses shot down 399 ukrainian drones overnight while ukrainian
[00:12:35] strikes near Russian president Vladimir Putin's black seat residence
[00:12:39] in Souchi reportedly also injured five
[00:12:41] people.
[00:12:47] lastly, six terrorists linked to fitnal Hindustan have been killed in successful joint
[00:12:51] operations by Alchistan police, the counter terrorism department and law
[00:12:55] enforcement agencies security forces have reaffirmed their commitment to eliminate
[00:12:59] terrorism from the country vowing to continue operations until the threat
[00:13:03] is completely
[00:13:04] eradicated.
[00:13:11] Let's begin with the Middle East and North Africa where of course the Middle East enters day
[00:13:15] 1999 the conflict with two the world's most
[00:13:19] important shipping routes under growing threat. Iran continues
[00:13:23] to challenge US control the state of her. where a daily vessel
[00:13:26] traffic has now fallen to single digits. now the hoothies
[00:13:30] have opened a second front by capturing territory, ports and
[00:13:34] strategic islands near Babel Mandab. Saudi Arabias escape route
[00:13:38] is also under pressure. now it's east-west oil
[00:13:42] pipeline capable of carrying seven million barrels a day, while
[00:13:45] bypassing hormos could remain largely out of service for several weeks following
[00:13:49] a drone attack. brend crew has climbed above $100 US dollars
[00:13:53] per barrel, tanker cost. are sowering and fears of another
[00:13:57] global inflation shock are growing. Meanwhile, fighting is
[00:14:01] intensifying around Mocha, Marib and Thais as the hoothies certain
[00:14:05] further attacks inside the kingdom of Saudi Arabia. A plan meeting between
[00:14:08] Iran and the Gulf ministers in Oman has now been postponed.
[00:14:12] With Washington unwilling to strike the huties directly, Gulf
[00:14:16] countries face difficult choice, continue
[00:14:19] confrontation or relectantly pursue an
[00:14:33] of course will start with the state of hormos and babal
[00:14:36] manda, the two gateways of global energy and
[00:14:40] commerce. the straight of hormus
[00:14:44] connects the persian gulf to the west with the gulf of oman and the
[00:14:48] Arabian sea to the east. location is between iran to
[00:14:52] the north and Oman to the United Arab Emirates. in the
[00:14:55] south. the significance includes vital global oil
[00:14:58] transit choke point as we very well know. let's go to the next
[00:15:02] slide. the balbel mandab straight
[00:15:05] connects the to the northeast with the gulf of
[00:15:09] Arden and the Indian Ocean to the southeast. its
[00:15:13] location is between Yemen on the Arabian peninsula and
[00:15:16] Jibuti and Eritrea on the Horn of
[00:15:19] Africa. its significance includes the southern gateway to the
[00:15:23] Sues Canal connect. Asia and
[00:15:26] Europe, now two major middle eastern
[00:15:30] shipping choke points are facing simultaneous disruption, we all know the state of
[00:15:34] hormos has been under severe pressure for months.
[00:15:37] new conflict front has now emerged around Babel Mander. Together, the
[00:15:41] two crises threaten major global shipping routes. The two
[00:15:45] waterways connect vital energy producing regions with global
[00:15:49] markets. Simultaneous disruption is also creating
[00:15:52] crisis that the shipping industry really faces and we are seeing
[00:15:56] the consequences. Why is hormos critical? Let's talk about the state of
[00:16:00] hormos. First,
[00:16:01] the state of hormos has been at the center of an open conflict for
[00:16:05] more than six months. The US is... Iran war that began in February
[00:16:09] of 2026 is still on the conflict has increasingly moved from the air to
[00:16:13] the sea. During this war, US and Iranian forces have
[00:16:17] exchanged multiple attacks involving commercial vessels.
[00:16:20] Tankers linked to either side have increasingly
[00:16:24] become targets. This has marked escalation
[00:16:28] beyond drone and mine attacks. Why is Babel mandab critical
[00:16:32] then? Babel mandab is second front that has now opened. The Babel Mandab
[00:16:35] straight had been relatively. quieter until recently,
[00:16:39] but the Houti attacks on commercial shipping have largely affected
[00:16:43] the oil flow and economy the world. fighting between the hoothis and the saudi
[00:16:47] backed yemini government have intensified. the hoothi attacks have
[00:16:51] now extended to saudi energy and civilian
[00:16:54] infrastructure as well. now facilities near Jazan have
[00:16:58] reportedly been targeted. more than 150 people
[00:17:02] have reportedly been wounded in these very attacks. the hutis have
[00:17:06] declared what they call a a time blocked against the kingdom of Saudi
[00:17:09] Arabia. shipping companies have been warned against
[00:17:13] calling at Saudi ports. let's go to the next
[00:17:17] slide. the question of whether
[00:17:20] any party can actually block the state of hormos and babal mandap
[00:17:24] simultaneously has become one the most consequential questions for the
[00:17:28] global economy. the answer is complicated. Iran does not have direct sovereign
[00:17:32] control over both waterways, but it has tried capturing both
[00:17:35] extremely dangerous expensive. and economically disruptive areas. This
[00:17:39] disruption has tightened supplies and increased shipping costs pushing
[00:17:43] brend crude above $108 bile with prices reaching around 107 to
[00:17:47] 109 in mid September of 2026. Coming to the next
[00:17:50] slide, shipping through the state of Hormus before and
[00:17:54] after the war. The ship traffic has now collapsed before the war, more than 130
[00:17:58] commodity vessels a day or transiting Hormus on
[00:18:02] 16th of August, capital data showed just five commodity vessels
[00:18:06] crossing on. 14th of September preliminary tracking showed that
[00:18:10] commodity vessel transits had fallen to single digits per day versus
[00:18:14] recent 10 day average of 14 per day. the source of course is
[00:18:18] reuters. coming to the next slide shipping through the balble
[00:18:21] mandab also before versus afterwards we wanted to show you that as well.
[00:18:25] conflict before before the conflict 71 messels per day were
[00:18:29] going through while average traffic from january 2022 to october 2023
[00:18:33] and normal commercial traffic before the red sea crisis after the hoothi
[00:18:37] attack. began 43 vessels per day were
[00:18:40] happening November 2023 and February 2024,
[00:18:44] 39% decline from pre crisis levels, major shipping
[00:18:47] lines began rerouting acround the cape of good
[00:18:51] hope in 2025. 33.5 vessels per
[00:18:55] day was the number of ships that were moving, more than 50% were
[00:18:59] below pre crisis traffic. Current latest September
[00:19:02] 20
[00:19:03] to 26 data shows around 26 to 27 vessels per day around
[00:19:06] six. 3% below the pre-conflict level, the source of course
[00:19:10] include the anadolu agency and of course world
[00:19:13] monitor checkpoint status as well. coming
[00:19:17] to the next slide, pakistan has strongly condemned the
[00:19:20] Islamabad the attacks of course
[00:19:24] on the abha, khamis,
[00:19:28] mushed, jazan and najran areas which saudi authorities said
[00:19:32] wounded at least 73 people including women and children. Saudi energy
[00:19:36] authorities have also reported fires and a temporary suspension of some
[00:19:40] operations at energy facilities following the strikes. the foreign office
[00:19:43] says that the attacks were flagrant violations of kingdom of Saudi
[00:19:47] Arabia sovereinity and territorial integrity and supported Riya's
[00:19:51] legitimate right under international law to take necessary measures to
[00:19:55] defense its territory, population and national assets. Prime
[00:19:58] Minister Shahbas Sharif has separately condemned what he
[00:20:02] describes as a cowardly attack targeting civilian and energy
[00:20:06] facilities, Pakistan's unwaving solidarity with
[00:20:10] Saudi Arabia and its
[00:20:28] Adam, with the Houties taking over Macha and
[00:20:31] Strategic Islands while advancing towards Thais and
[00:20:35] Marib as well has Yaman's balance of power
[00:20:39] decisively shifted in your point, I like to add another question to
[00:20:43] that, the hoothies are getting territory were also threatening
[00:20:47] not only Babal Mander but also the kingdom of Saudi Arabia. are they
[00:20:50] pursuing yemen's war or are they building leverage for
[00:20:54] Iran? Trump has rejected direct strikes on the hoothis but has
[00:20:58] offered the kingdom of Saudi Arabia intelligence support in this very
[00:21:02] issue. has Washington drawn a line under military
[00:21:05] commitment. I wanted to group these questions. your
[00:21:08] take. Yeah, thank you for having me. So it's worth
[00:21:11] noting that the Yemeni government is already weak. They've been unable to
[00:21:15] retake hoothi areas for years now despite heavy Saudi air
[00:21:19] support. in the past, they're dependent on the kingdom militarily and
[00:21:23] politically. we may be seeing a shift even more toward the
[00:21:26] hooties, more the balance of power shifting toward them in Yemen with the seiasure the
[00:21:30] Babel mendeb area, but there are some signs on the ground today that the
[00:21:33] government has repelled the most recent Huthi assault, so that remains to be
[00:21:37] seen. basically, we already know the limits of Yemeni government power, but the
[00:21:41] questions are now what the Yemen backed by the Saudi Led coalition can do.
[00:21:45] The Hothies could of course face challenges their own, especially as they look to re to
[00:21:49] take areas where they... have considerable popular support, and
[00:21:53] in terms of whether this is Yemen's war or Iran war, there are
[00:21:57] domestic and international factors at play here. Iran has said recently
[00:22:00] that the Houthis are acting independently, and the Huthies are framing their struggle as a
[00:22:04] nationalist one, which is not new for them, but surely the Hoothi advance in the
[00:22:08] Red Sea area helps Iran pressure the Gulf and the US by impacting
[00:22:12] energy markets. As you noted, Saudi Arabia has been rerouting oil
[00:22:15] exports because the disruptions in Hormus, rerouting them through the Red Sea.
[00:22:20] already seeing brent crude oil prices uh rise today, and the Yemen
[00:22:24] war has escalated during the Iran war, including after reports that the
[00:22:27] Islamic Revolutionary guard corre, IRGC was sending more help to the hoothies in
[00:22:31] July, so there are also domestic reasons for this war, it's been
[00:22:34] unresolved, peace talks with the Houtis and the Saudi Arabia have failed,
[00:22:38] and the Huthi recruitment is aided by escalation, and the anti-hoothi
[00:22:42] coalition in Yemen was also weakened earlier this year between this dispute
[00:22:46] between the Yemini Central government and the southern transition. council
[00:22:50] which wants independence for South Yemen and finally in terms of whether the
[00:22:54] Trump administration has drawn a line here, as of now yes they are signaling they
[00:22:58] want to pursue economic pressure against Iran and with other
[00:23:02] Iranian proxies like at Lebanon they're pursuing the diplomatic track, but the
[00:23:05] situation can change, especially with President Trump, he has attacked Iran
[00:23:09] in the past during negotiations, signaling they want to do diplomacy and then
[00:23:13] moving quickly to a military uh position, so this
[00:23:17] is basically developing, but as of now there's it seems to be... no US strikes on
[00:23:21] Yemen, but
[00:23:22] it could change, and
[00:23:22] the US has hit
[00:23:23] the hoothies across multiple administrations in the
[00:23:32] to you, another cyrus itim, the state of hormones is
[00:23:35] restricted, the baldhab is being threatened. is this
[00:23:39] two front war or restriction
[00:23:42] affecting the global gas and oil supplies in the short and long
[00:23:46] term, and if so to which extent? your take?
[00:23:50] "thank you ar um, mean naturally they are impacting
[00:23:53] markets uh, i think primarily the biggest markets being
[00:23:57] impacted is obviously oil, mean if you're looking at, i'm trying to quantify it, if
[00:24:01] you quantify it, i think we can talk about 20 previously 20 million barrels per
[00:24:05] day of oil going through the straight of moves uh today i think we're talking
[00:24:09] average we've been seeing numbers between five and seven million barrels per day
[00:24:13] that's a good
[00:24:14] day um east-west pipeline before what recently
[00:24:18] happened was take could take up to four million barrels per day sustainably,
[00:24:22] but more recently it's been taking lot less, probably possibly about two, less than two
[00:24:26] million barrels per day. you have the fijaro pipeline as well in the UAE, that's been
[00:24:29] taking about two million barrels per day. on the Babel Mandab
[00:24:33] side, not as significant and we're talking about seven
[00:24:36] eight million barrels per day, typically, look, there
[00:24:39] in through that straight there is still oil flowing, predominantly Russian
[00:24:43] oil, but still it is flowing, and the Hithis have made clear that at
[00:24:47] least in theory their their war is... with Saudi Arabia and no one
[00:24:51] else, now to what extent we are seeing obviously some vessels that are choosing not to
[00:24:55] use that route because the risk, but still so I think
[00:24:58] overall in terms the assessment I'd say, look, oil is still
[00:25:01] flowing, gas is still, gas not so much, but oil is still flowing
[00:25:05] through these two straights, but markedly less and the real
[00:25:09] big issue here, the worry really is that the buffers that we
[00:25:13] had kind of in February 28 and before, which are
[00:25:17] essentially were
[00:25:18] you know plentiful inventories globally. and the fact
[00:25:21] that over this period initial period the Chinese were not
[00:25:25] really taking oil as much, they stopped importing significant amount of
[00:25:28] oil, those are starting to turn a little bit, obviously the inventory
[00:25:32] situation is much worse than it was, inventories are significantly
[00:25:36] lower, and the Chinese have been flirting with the idea of actually increasing imports
[00:25:40] once again, so that that's going to definitely put strain on
[00:25:43] the on balances on the global or market, so it's
[00:25:47] serious now, and I think if it continues much long it could
[00:25:51] get very
[00:26:03] to understand as far as very important meeting that was going to be
[00:26:07] held between the Gulf countries
[00:26:09] and in iran in Oman, but that was
[00:26:13] postponed
[00:26:13] at the very last minute. There are different explanations that are coming from certain
[00:26:17] quarters as far as why it was postponed, what's your
[00:26:19] take? So the context of this
[00:26:23] is important. Iran has signaled many times
[00:26:27] that they've agreed to like terms with Oman on like new straight of
[00:26:30] Hormus deal, but..." "Oman has been more quieter on this and there
[00:26:34] hasn't really been any development toward new mechanism, at least on the ground
[00:26:38] or at least publicly between Iran and Oman, and it's worth noting that Iran
[00:26:42] as a mediating country consults with the US and they've been
[00:26:46] quieter, and the conflict is still active, like I said, the US wants to
[00:26:50] see how this economic pressure will play out, so it's possible that the conditions are not there
[00:26:54] for these talks to happen as of yet, it is speculation,
[00:26:57] you know why exactly it didn't happen, but we've basically seeing increased US pressure,
[00:27:01] that's something Oman is..." taking note of, and Oman is aware that, the
[00:27:05] US may pressure them any agreement they make with Iran, so that
[00:27:09] that's basically the context for how this meeting uh didn't take place, but the exact
[00:27:12] reasons for it not happening are not clear. It's worth noting that in
[00:27:16] recent days there have been a lot of diplomatic calls
[00:27:18] between um gulf diplomats, especially foreign ministers
[00:27:22] from UAE, Saudi Arabia and Oman as well, Qatar, so we might be
[00:27:26] seeing, diplomacy pickback up despite this meeting not taking
[00:27:29] place, so it might be happening a... in the next few days,
[00:27:33] maybe if the issues are resolved one way or the other, what's your
[00:27:36] take? it's possible,
[00:27:39] but I don't see you, deal being imminent right now, there aren't
[00:27:43] any signs
[00:27:44] of that, the Trump administration is expected to announce new sanctions on Iran
[00:27:48] today, they're continuing that economic pressure, so and Iran has not
[00:27:52] signaled that
[00:27:52] it is going to budge, of course there are signs the Iranian economy is struggling even more so than it was and
[00:27:56] that's what led to protests in the past, but as of now we're you know it's kind of like
[00:28:00] a game of chicken, we're seeing who will... blink first, so this this
[00:28:04] meeting might happen, but it doesn't like a deal is
[00:28:18] hormos traffic has fallen to single digits, as far
[00:28:22] as the recent capital data is concerned,
[00:28:26] despite the US naval escorts that are happening. do
[00:28:30] you feel Washington is generally trying to move? oil through the street first
[00:28:34] question, second question, Iran has certain penalties against
[00:28:38] more more or less 77 vessels as traffic through hormos has fallen, we've just
[00:28:42] discussed that, how now controls the traffic through
[00:28:45] the state of hormos, if we would be discussing that very
[00:28:49] straight, sure, so I mean let's look at
[00:28:53] the the control question first, I mean honestly I would say no one really
[00:28:57] controls this straight, I think this is lot of this is like this talk of whether
[00:29:01] the straight is open or the straight. is closed, we hear from Iran that it's closed, we hear
[00:29:05] from the US that it's open, the truth is it's not open, because if it were
[00:29:09] open it would be how things were prior to February 28th, and
[00:29:12] it's it's not closed because there's still oil going through,
[00:29:16] oil and other goods going through this this
[00:29:20] straight, so ultimately it's it's pores right, so I
[00:29:24] think we're in this limbo, the state of limbo at the moment you
[00:29:27] have essentially the Gulf region in particular
[00:29:31] and the wider. world basically held hostage to the
[00:29:35] situation now where you have
[00:29:39] the US essentially trying to suggest that things are okay, things are taking
[00:29:42] over,
[00:29:43] and we heard over night that there's
[00:29:44] a possibility that the trump administration is actually not
[00:29:47] necessarily thinking to focus on the state of hormos as
[00:29:51] the primary or at least the initial goal anymore and put the focus
[00:29:54] back on on on Iran's nuclear program, which someone
[00:29:58] sitting in the Gulf, I think that that would be nightmare
[00:30:01] for for any the Gulf countries. is here even consider, because ultimately this is not,
[00:30:05] this was never their war, and they've now been dragged into this, and now their lifeline, the
[00:30:09] straight of hormos is now essentially being held hostage, and it's
[00:30:13] unclear whether the situation is going to get any better anytime soon. i think this is
[00:30:17] really why or what's being behind rather, the gulf
[00:30:20] push uh towards trying to engage with Iran
[00:30:24] directly, because I think they realize that they cannot really depend on the
[00:30:27] US on that
[00:30:36] i was saying that the number of vessels are restricted to the state of our moves, how long
[00:30:40] is that going to be? in your point
[00:30:42] of view, will is there a solution? because of course when it comes to the babal
[00:30:46] mandir, we also know that the east-west pipeline in the kingdom of Saudi
[00:30:50] Arabia has been hit, which is going to be close for number of weeks and that is also going to have
[00:30:54] an effect as far as the saudi economy
[00:30:57] is concerned, so how is all of that?