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Israel and Iran are bitter rivals, but their conflict only had a wider impact on the United States four weeks ago, when American and Israeli airstrikes targeted Iran, reportedly killing important leaders. Iran’s reaction—disrupting almost 20 percent of global oil and gas supplies—has made the effects worldwide.

President Trump is making efforts to engage in discussions with an increasingly frustrated Iran. Should Tehran turn down Washington’s peace proposal and keep up the conflict, energy costs—already on the rise—might increase even more, worsening inflation and hindering economic growth. Historical records indicate that although ceasefires are frequently arranged, they seldom endure for more than six months. For example, during the Bosnian War, over 70 agreements were made within three years. Scholars refer to this trend as ‘victory disease’—a sense of excessive confidence in one’s capacity to achieve victory.

Iran seems to have been a major mistake for both Israel and the United States. It demonstrates minimal reluctance in causing economic harm to neighboring Gulf states and other countries. It is improbable that it will engage in talks unless it feels its goals can be more effectively achieved through conversation—something that necessitates substantial trust-building efforts, which are currently absent from the U.S. side.

Provided by SyndiGate Media Inc.Syndigate.info).