Khamenei approved direct talks with America, on the other hand Biden administration scolded Israel, Iran blockade ends

Amidst the turbulent and tense environment of West Asia, a new and historic chapter is going to be added on the pages of global diplomacy. After years of extreme bitterness, stringent economic sanctions and war-like situations, the ice in relations between Iran and America finally seems to be melting. Iran’s Supreme Leader Ayatollah Ali Khamenei has given his official approval for direct talks with Washington. Immediately after this unexpected decision, the US administration has strongly reprimanded Israel for its aggressive stance on the Gaza and Lebanon front. This triangular development has almost ended the global and economic blockade around Iran, which is going to change the markets and equations of the entire world. Khamenei’s U-turn: Why did direct dialogue with America get the green signal? Amidst the deepening economic crisis within Iran and international pressure, this decision of Supreme Leader Khamenei is being considered very strategic. Iran, which till now has described America as the ‘big devil’, has been forced to come directly to the negotiating table to bring its crippled economy back on track and remove the stringent restrictions on oil exports. According to diplomatic sources in Tehran, the main agenda of this conversation is to restore the nuclear agreement (JCPOA) in a new form and to reduce the ongoing tension in the Middle East. With this decision, the new President of Iran has got free rein to deal with Western countries. America bluntly told Israel: Now arbitrariness will not work. The most interesting aspect of this entire incident is the changed attitude of America. Washington has issued a strong warning to Israeli Prime Minister Benjamin Netanyahu, asking him to immediately stop steps that threaten regional peace. This unexpected rebuke of America is being considered as the background script of the grand deal that is going to be made with Iran. America knows very well that if the diplomatic path is to be opened with Iran, then it is very important to curb Israel’s aggression. This is why America has even talked about reviewing some special military assistance given to Israel. Iran blockade ends: What will be the impact on global market and India? The biggest and direct impact of the end of the blockade of Iran and the restoration of diplomatic routes is going to be on the Global Crude Oil Market. If Iran’s crude oil starts coming into the international market in large quantities again without any interruption, then a big fall in crude oil prices may be seen. This news is no less than a big relief for a big oil importing country like India, because New Delhi may once again get a chance to buy oil from Iran at cheap prices. Along with this, Indian projects like Chabahar Port Project are also expected to gain tremendous momentum in this changed geopolitical environment.