US-Iran Talks Collapse: Global Economy in Turmoil as Oil Crisis Looms

After the failure of the talks between Iran and the United States in Islamabad, the economies of the world are once again in turmoil. Given the aggressive stance of the United States, it can be said that there is an oil crisis all over the world. The United States has decided to blockade Iran's ports. Meanwhile, Dr. Abdul Majid Hakim Elahi, the representative of the Iranian Supreme Leader in Delhi, said that this matter is serious not only for the United States but for the whole world. About Hormuz, he said, "We are ready to open it, but the conditions are not right now. Some ships are being allowed to pass through. We have tried to talk to all the countries or leaders of the world who want peace. We have said that they should all raise their voices together and stop this war. They have said that what are the American ships doing in the Persian Gulf? They should leave the table now. They have also said that we will never be able to talk to their sovereign values.