The peace talks in Pakistan have failed. Are we surprised?
I think this leaves President Trump with a problem: neither side (I think) has a real appetite to carry on fighting, yet Iran has arguably come out on top in this asymmetric conflict with a stranglehold on the Strait of Hormuz.
President Trump has to decide to escalate further or negotiate. He does not like to be beaten, especially when he has already announced victory!
In my view President Trump seriously misjudged the situation. Many regard Iran as an evil state, but was this approach right? The world now suffers.
It will be interesting to see what the next steps are.
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