Zero Hedge
by Tyler Durden
Tuesday, Apr 21, 2026 – 10:20 AM
By Michael Every of Rabobank
The world is again waiting to see what comes out of US-Iran peace talks in Pakistan as the two-week ceasefire deadline looms. Again, it’s a binary outcome: war, with threatened strikes on bridges and power plants in Iran, then perhaps regionally, and an extended closure of Hormuz; or peace, and energy and key goods flowing again.