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Democratic Rep. Cherfilus-McCormick Resigns Ahead of Ethics Committee Sanctions Hearing

Democratic Rep. Cherfilus-McCormick Resigns Ahead of Ethics Committee Sanctions Hearing

Authored by Chase Smith via The Epoch Times,

Rep. Sheila Cherfilus-McCormick (D-Fla.) resigned from Congress on Tuesday, stepping down hours before the House Ethics Committee was set to recommend a punishment for the 25 violations of campaign finance law and House rules it found her guilty of last month.

The third-term Florida Democrat announced her resignation in a written statement, calling the ethics process a “witch hunt” and saying the committee had denied her new attorney’s request for time to prepare a defense while a federal criminal case against her remains pending.

“I will not stand by and pretend that this has been anything other than a witch hunt,” Cherfilus-McCormick said.

“I simply cannot stand by and allow my due process rights to be trampled on, and my good name to be tarnished.”

“I hereby resign from the 119th Congress, effective immediately,” she said.

In a brief hearing Tuesday afternoon, Ethics Committee Chairman Rep. Michael Guest (R-Miss.) confirmed the panel had lost jurisdiction following the resignation and would not recommend a sanction.

He read the resignation letter to the committee into the record, in which Cherfilus-McCormick called it “the honor of my lifetime to serve the people of my district.”

“After careful reflection and prayer, I have concluded that it is in my best interest and the interest of my constituents and the institution that I set aside at this time,” she wrote, making her resignation effective at 1:30 p.m. Tuesday.

Guest defended the 2 1/2-year investigation against what he called claims it had been “a rush to judgment.”

“This was a very deliberate process to gather information into allegations that were extremely serious and extremely complicated,” he said, noting the committee interviewed multiple witnesses over two years and reviewed tens of thousands of subpoenaed documents.

He said Cherfilus-McCormick had been given “multiple ample opportunities to present exculpatory evidence” and to comply with the committee’s subpoena.

Ranking Member Rep. Mark DeSaulnier (D-Calif.) echoed the chairman’s remarks.

“Nobody’s happy. I don’t think any of us are happy at what we’ve gone through,” he said.

“But I am extremely proud of being associated with all of you, and I’m grateful for the hard work and the diligence of the staff.”

Ethics Investigation

Cherfilus-McCormick’s resignation ends a two-year ethics investigation before the committee could formally recommend a sanction. The panel had been scheduled to meet at 2 p.m. Tuesday to decide whether to recommend expulsion, censure, reprimand, a fine, or other penalties.

Rep. Greg Steube (R-Fla.) had said he would file a motion on the House floor to expel Cherfilus-McCormick once the committee issued its recommendation. House Speaker Mike Johnson (R-La.) told reporters last week that “the facts are indisputable at this point” and predicted the full chamber would have moved to expel her.

Expelling a member requires a two-thirds vote of members present, meaning Republicans would have needed roughly 70 Democrats to join them, assuming full attendance. Only six House members have been expelled in U.S. history: three for disloyalty during the Civil War, two after criminal convictions, and former Rep. George Santos (R-N.Y.) in 2023.

The third-term Florida Democrat was accused of routing more than $3.6 million from Trinity Health Care Services, her family’s company, into her 2022 special election campaign through family members, allied political action committees, and shell entities. Investigators have said much of that money stemmed from a roughly $5 million overpayment Florida mistakenly sent Trinity for COVID-19 vaccination work in 2021.

The committee’s adjudicatory subcommittee announced on March 27 that it had found 25 of 27 counts against her proven by clear and convincing evidence. The counts include accepting improper campaign contributions, filing false reports with the Federal Election Commission, failing to file required House financial disclosure reports on time, and providing special favors in connection with Community Project Funding requests.

In a memorandum filed ahead of Tuesday’s hearing, committee counsel wrote that the 25 violations were “very serious standing on their own,” citing the scope and continuous nature of her conduct and her refusal to accept responsibility as aggravating factors.

Counsel compared her case to Santos, who was expelled following a committee report detailing hundreds of thousands of dollars in campaign finance violations. Cherfilus-McCormick’s case, counsel wrote, stands apart because the funds involved total in the millions.

During a hearing last month, Cherfilus-McCormick declined to testify, citing her Fifth Amendment right against self-incrimination. Her federal trial is currently scheduled for February 2027.

Her attorney, William Barzee, has argued the committee should have held a full evidentiary trial at which he could have called witnesses and presented evidence.

Ahead of Tuesday’s hearing, Cherfilus-McCormick submitted letters of support from faith leaders, union officials, and community organizations in Florida’s 20th Congressional District.

The Palm Beach County Democratic Black Caucus and the nonprofit Women of Veteran Affairs both urged the committee to reject expulsion, arguing it would leave hundreds of thousands of Floridians without representation during an upcoming redistricting fight in the state.

“Our district is currently navigating a high-stakes redistricting period, during which continued representation is essential,” the Palm Beach group wrote.

“The loss of a sitting Member would weaken the district’s ability to advocate for itself and protect its interests when those interests are most vulnerable.”

Republican Gov. Ron DeSantis had called a special session in Florida for late April to redraw maps in the Republican-dominated legislature.

Before Tuesday, a small number of Democrats had publicly called on her to resign, including Reps. Jim Himes of Connecticut, Marie Gluesenkamp Perez of Washington, and Becca Balint of Vermont.

Tyler Durden
Tue, 04/21/2026 – 18:25

A Reckoning Is Underway At The FDA

A Reckoning Is Underway At The FDA

Authored by Maryanne Demasi via The Brownstone Institute,

For months, a quiet battle has been unfolding inside the US Food and Drug Administration (FDA).

It began with an analysis of child deaths after Covid vaccination, followed by strategic leaks to major media outlets, and has now erupted into the open with a memo from the regulator’s own vaccine chief.

In September, it was reported that FDA officials had privately investigated 25 paediatric deaths following Covid vaccination — the first systematic review of such cases since the rollout began.

The findings were meant to be presented to the CDC’s Advisory Committee on Immunization Practices (ACIP). But the presentation never came. The meeting passed without a word. Something had happened behind closed doors.

Now we know what.

On 13 November 2025, STAT published an extraordinary insider account describing a tense internal meeting in which FDA scientist Dr Tracy Beth Høeg presented evidence of young people who had died after Covid vaccination.

According to STAT, her findings triggered pushback from career FDA regulators who feared the implications of acknowledging fatal cases.

Now, comes the explosive memo from FDA vaccine chief Dr Vinay Prasad, confirming — for the first time — that US regulators have formally attributed at least 10 of these children’s deaths to Covid vaccination.

Prasad called it “a profound revelation” with far-reaching implications for American vaccine policy, adding that the true number is “certainly an underestimate.”

Here, I’ll take you through the memo, the leaks, the internal rebellion at FDA, and what this means — not just for Covid vaccines, but for all vaccine approvals going forward.

This story marks a turning point in US vaccine regulation.

The Story That Divided the Regulator

In early September, insiders at the FDA and CDC quietly told the New York Times and the Washington Post that the agency had begun investigating child deaths reported to VAERS.

My reporting confirmed that Dr Tracy Beth Høeg, a senior adviser within the FDA’s vaccine division, had led the review — contacting families, gathering medical records, and obtaining autopsy findings.

click image for story

It was the first case-by-case evaluation of paediatric deaths conducted since the vaccines were authorised.

The review identified twenty-five children whose deaths occurred following vaccination. Those findings were expected to be presented to ACIP on 18–19 September. Instead, without explanation, the discussion disappeared from the agenda.

Even FDA Commissioner Dr Marty Makary had hinted at the findings on CNN, saying, “We’ve been looking into the VAERS database self-reports, [and] there have been children that have died from the Covid vaccine.”

He described an “intense” investigation involving doctors, autopsies, and family interviews. Yet ACIP heard nothing.

Had the FDA reversed course — or had internal forces blocked disclosure?

STAT’s reporting offered the first real clues.

Inside the FDA: The Meeting That Changed Everything

STAT described a confidential gathering of FDA vaccine scientists in which Høeg presented slides listing roughly two dozen deaths of young people following vaccination.

One slide reportedly read: “Timing fits. Diagnosis fits. No better explanation found. Sufficient information provided.”

According to STAT, some career regulators reacted with “quiet horror” — not at the deaths themselves, but at the policy implications of acknowledging them.

The article portrayed Høeg as pushing to bring the findings to ACIP and to amend vaccine labels for younger males, while longtime staff resisted, describing the evidence as “thin” and worrying about restricting vaccine access.

STAT reported that “no career regulator would stand by the decision,” and Høeg backed away from presenting the cases to ACIP.

It was a rare glimpse of a regulator divided against itself: career staff trying to contain the findings, and FDA leadership apparently trying to surface them.

Nothing more was said publicly — until Prasad’s memo detonated inside the agency.

Prasad’s Explosive Memo

The memo from Dr Vinay Prasad, Director of the FDA’s Centre for Biologics Evaluation and Research (CBER), is unlike anything ever issued by a senior US vaccine regulator.

Addressed to all CBER staff, it confirmed what STAT only implied: FDA scientists had determined that “at least 10 children have died after and because of receiving Covid-19 vaccination.”

Prasad wrote that the true number is “certainly an underestimate” and that “the real number is higher.”

He wrote that “deaths were reported between 2021 and 2024, and ignored for years,” calling it a systemic failure that “requires humility and introspection.”

“It is horrifying to consider that the US vaccine regulation, including our actions, may have harmed more children than we saved,” he wrote.

Prasad defended Høeg’s analysis, saying “Dr Hoeg was correct in her assessment,” and that disagreements reflected subjective coding — not differing facts.

He also noted that healthy children at extremely low risk from Covid had been “coerced” into vaccination under Biden-era mandates, some of which he said “were harmful.”

He added that it was “difficult to read cases where kids aged 7 to 16 may be dead as a result of covid vaccines.”

Prasad also challenged one of the most repeated claims in pandemic messaging — that Covid infection causes more myocarditis than vaccination.

He argued that these comparisons rely on faulty denominators, because they count only people sick enough to seek hospital care while ignoring the far larger number of infections that never present to clinics.

He underscored that vaccination does not prevent eventual infection, so the comparison cannot be framed as “virus versus vaccine.”

A vaccinated child still encounters the virus over their lifetime — but now carries the additional myocarditis risk from the vaccine itself.

The Leaks

Prasad’s memo contained another revelation — confirmation of internal sabotage inside the FDA.

He wrote that “slides she presented, emails she sent, and distorted firsthand reports” from Høeg’s meeting had been leaked to media outlets by staff who believed they were acting appropriately.

He condemned the behaviour as “unethical, illegal, and…factually incorrect,” a blunt repudiation of how the STAT narrative had framed events.

In Prasad’s telling, Høeg had not exaggerated the evidence at all. She had uncovered what the FDA had failed to recognise for nearly three years — that Covid vaccines had killed children.

Far from being the rogue figure depicted in selective leaks, she was doing precisely what the public assumes a regulator does: investigating deaths, contacting families, gathering records, and treating each case as a potential signal that demands scrutiny.

For Prasad, the leaks weren’t merely improper — they betrayed the core obligation of a scientific agency.

He said internal debates must remain inside the FDA until ready for public release, and that he would not “endorse selective reporting of our meetings and documents.” Anyone unwilling to follow that principle, he said, should resign.

It was an extraordinary directive — and a clear sign that the internal battle over whether to acknowledge children’s deaths had reached a breaking point.

A Reaction from Inside ACIP

When the memo surfaced, ACIP vice-chair Dr Robert Malone issued his own statement.

He wrote that he had been aware of the review through ACIP’s internal working group, and that the child deaths “have been known since this summer but not released to the public due to the need to validate the initial findings independently.”

Bound by confidentiality, he could only say, “I have seen the data and findings, and they are even more stunning than this strongly worded letter indicates.”

He said he was “stunned, gobsmacked,” adding: “The significance and importance of this letter in the context of US and global vaccine policy cannot be overestimated. This is a revolution, the likes of which I never expected to see in my lifetime.”

Malone then took aim at the Covid-19 mRNA products: “These products do not work. They do not prevent disease and death. And as Secretary Kennedy testified in the Senate, objective analysis cannot even demonstrate that, on balance, they saved lives.”

MIT professor Retsef Levi — who leads ACIP’s Covid-19 Vaccines Workgroup — issued a similarly forceful response.

He wrote, “the acknowledgement that at least 10 children died from COVID vaccination must be followed with disclosure to the parents,” and said regulators and media “have gaslighted the vaccine injured, including the parents who lost their precious child.”

He described disclosure as “a moral imperative” and essential for any hope of trustworthy vaccine programs.

Inside ACIP, the memo is being understood not only as a scientific shift — but an ethical reckoning.

Critics Rise Up

Predictably, the memo triggered pushback from establishment figures who have spent years defending the Covid vaccines from scrutiny.

Dr Paul Offit — a long-time industry-aligned vaccine promoter and a familiar voice deployed whenever safety concerns arise — dismissed the memo as “science by press-release.”

He argued that the memo lacked context and should not be treated as evidence, calling the memo “irresponsible” and “dangerous.”

But Prasad’s communication was never presented as a scientific publication. It was an internal memo to staff. Offit’s attempt to judge it by academic-paper standards is a tactic to avoid addressing what the memo actually says — that children died and regulators overlooked it.

Former CBER director Dr Peter Marks — whose tenure is explicitly criticised in the memo for failing to identify child deaths for years — said he was “taken aback by the clearly political tone of the communication.”

But Prasad’s memo details precisely why Marks’s era is under scrutiny, including his 2021 decision to push out senior FDA officials Marion Gruber and Philip Krause after they objected to the Biden administration’s rush toward booster approval.

If anything was political, it was that episode.

For years, figures like Offit and Marks insisted that VAERS was a robust early-warning system — and that anyone citing it without follow-up investigation “didn’t understand pharmacovigilance.”

Now that FDA investigators have actually done the follow-up — contacting families, obtaining medical records, and reviewing autopsies — these same voices suddenly claim VAERS can’t establish causality at all.

This is the core hypocrisy. You cannot praise VAERS as the backbone of vaccine safety, then declare its signals meaningless once they are properly investigated.

Critics also warned that stricter evidence requirements — such as randomised trials and rejection of surrogate endpoints — would “slow innovation” or “harm vaccine confidence.”

But vaccine confidence is already shattered. Fewer than 10% of American healthcare workers took last season’s Covid booster.

Trust collapsed not because regulators asked too many questions — but because they asked too few, dismissed safety concerns that later proved real, and insisted on messaging long after the data had shifted.

The problem for these critics is not that children have died after vaccination. The problem is that the regulators have finally acknowledged it.

The Future of Vaccine Regulation in the United States

Prasad’s memo goes far beyond confirming child deaths. It announces a structural overhaul of vaccine oversight.

He wrote that future vaccine approvals would require randomised trials for most new products; that immunogenicity studies would no longer be accepted as proof of effectiveness in new populations; and that vaccines for pregnant women would not be authorised on unproven surrogate markers.

He committed to rewriting the US influenza vaccine framework and overhauling assessments of concomitant vaccination.

Most strikingly, he declared that vaccines would be treated as “no better or worse” than any other medical product — ending decades of special regulatory leniency.

“Never again,” he wrote, “will the US FDA commissioner have to himself find deaths in children for staff to identify it.”

A Global Shift Begins

The ACIP meeting on 4–5 December will be the first held under these new realities — with the knowledge that the FDA has attributed paediatric deaths to Covid vaccination, that senior leadership has repudiated the previous regulatory approach, and that a revolution in evidentiary standards is underway.

Because many international regulators track the FDA, the acknowledgment that children died from the Covid-19 vaccine — and that the agency failed to detect it — marks a seismic moment in global vaccine policy.

For bereaved families, the acknowledgment is devastating but necessary. For the public, it signals that the institutional silence of the pandemic era is beginning to fracture.

The reckoning has begun.

Republished from the author’s Substack

Tyler Durden
Tue, 04/21/2026 – 17:40

Whistleblower Says CIA Hid 2020 Election Threats To Help Biden

Whistleblower Says CIA Hid 2020 Election Threats To Help Biden

For years, Democrats and the mainstream media treated 2020 as settled history: the system worked, the election was secure, and accusations of fraud were conspiracy theories.

However, a newly declassified intelligence memo, paired with fresh whistleblower allegations, points in a less convenient direction. 

Behind the scenes, U.S. intelligence warned well before the 2020 election that core election systems were more exposed than the public was told, especially the vast digital repositories that hold voter registration data. Making matters worse, according to former senior cyber official Christopher Porter, intelligence leaders then kept those warnings from public view because airing them could have benefited President Donald Trump and complicated the push to portray Joe Biden’s eventual victory as unquestionable.

On January 15, 2020, the National Intelligence Council (NIC) produced an assessment warning that foreign adversaries could compromise U.S. election infrastructure in the coming presidential election, which has just been declassified. The memo specifically called out Russia, China, Iran, North Korea, and other non-state actors. Analysts did not claim they had evidence of a specific plot to alter votes nationwide, but they did say the threat was real, technically plausible, and serious enough that senior intelligence officials personally briefed President Trump at the White House in February 2020. 

What worried analysts most was not some Hollywood-style rewrite of every ballot cast in America. “We assess that centralized election-related data repositories, such as voter registration databases, pollbooks, and official election websites, are most vulnerable to exploitation, and adversaries could use access to these systems to disrupt election processes,” the NIC assessment warned. 

Intelligence analysts believed vote tabulators and reporting systems had weaknesses, especially machines without paper backups. Despite this, they judged it would be hard for foreign adversaries to change the certified national outcome through direct machine compromise alone. That was never the same as saying the systems were secure in any ordinary sense. It meant large-scale outcome manipulation looked difficult, while localized disruption and perception management looked much easier. 

Despite the warnings of threats, after the election, senior officials pushed the opposite narrative, assuring Americans that 2020 had been a model of resilience.

In mid-November 2020, the Election Infrastructure Government Coordinating Council’s executive committee issued the now-famous statement declaring that “the November 3rd election was the most secure in American history.” Chris Krebs, then running the Cybersecurity and Infrastructure Security Agency (CISA), later testified that he approved the statement and regarded it as the consensus view of the election-security community. That tidy line proved politically useful. It also sat awkwardly beside an internal intelligence record showing that multiple foreign actors had the capacity to exploit the very systems officials were publicly celebrating.

Porter, who prepared the January 2020 memo in his role overseeing cyber intelligence, says the contradiction was not an accident. “What is shocking is how uncontroversial some of these findings are to professionals—it is no secret that China and Iran compromise election equipment for a variety of intelligence purposes, nor was it controversial at the time that these systems had technical vulnerabilities,” he said. He goes further, alleging that bureaucratic and political considerations shaped what the public was allowed to know. “Every agency concurred on these findings, but because it was seen as potentially aiding the President’s reelection campaign, there was an active effort to damage him politically by refusing to share the declassified report with the public.”

Another way to put it was that the truth would have undermined faith in Joe Biden’s eventual victory. That is the heart of the whistleblower claim. 

According to Porter, Trump personally ordered the information declassified because he believed election integrity demanded it. But Porter said that CIA leadership refused to release it.

“The President of the United States personally ordered this information declassified and shared with the public because he thought election integrity was so important to our country. Despite this, CIA leaders at the time refused to release the declassified report,” he said. He also alleges the resistance did not end there. “Years later, when he was reelected, CIA went so far as to claim that the report had never been declassified. Even the record of its declassification had been removed from the system,” he said. Porter describes that as an extraordinary breach of normal intelligence practice, adding, “It is important for people to recognize that this is not normal behavior by the Intelligence Community—most officers would never do something like this.”

 Intelligence reports later concluded that China gained access to voter registration databases in multiple states before the election. A confidential FBI counterintelligence source also reported in summer 2020 that Beijing was attempting to interfere to aid Biden, including through a scheme involving fake U.S. driver’s licenses shipped into the country. Those reports did not become part of the public understanding in real time. Iranian hackers were not indicted until November 2021. Chinese penetration of voter data emerged publicly only after documents surfaced in March 2026. By then, the “most secure in history” line had already hardened into civic catechism.

The intelligence community’s inspector general, Christopher Fox, has opened a full investigation into whether Porter’s warnings were buried and whether he faced retaliation for pressing agencies to follow Trump’s declassification order. That review arrives alongside earlier findings from the intelligence community’s analytic ombudsman, who concluded in January 2021 that some analysts downplayed China’s role because of their disdain for Trump and reluctance to bolster his China policy.

None of this proves that foreign actors changed the 2020 outcome through hacked machines. But it tells us that senior officials knew election systems had meaningful vulnerabilities, but went out of their way to sell to the public a more politically convenient story.

Tyler Durden
Tue, 04/21/2026 – 17:20

Domestic Flights To Resume In Iran Tuesday, Even As Ceasefire’s End Looms Large

Domestic Flights To Resume In Iran Tuesday, Even As Ceasefire’s End Looms Large

The two-week Iran ceasefire ends Wednesday, and President Trump is saying he doesn’t plan to extend it if a second round of talks in Pakistan fail. These Islamabad talks, it should be noted, have not so much as even gotten off the ground.

President Trump has further said “lots of bombs” will fall if there is no deal, and if Iran doesn’t hand over its nuclear material. And yet the Iranians are remaining defiant and proving their resiliency by showing a sense of ‘normalcy’ has returned to Tehran and across much of the country. For example, the below is a fresh scene of bustling city life in the capital via AFP:

Similar scenes have been portrayed going back to the second week of April. It was in the April 7-8 range that the ceasefire first took effect. 

Iran has also made clear its military and civic workers are rapidly rebuilding the country’s damaged and destroyed infrastructure, starting with rail lines, bridges, and energy sites.

But an even bigger gamble is the resumption of air travel. NBC freshly reports Tuesday, citing state sources, that “Domestic flights will resume in Iran starting tomorrow, Iran Air announced earlier today.”

“The semi-official news agency Fars reported that the airline announced flights would resume after a 50-day suspension caused by the war,” NBC continues. “The agency said a flight from Tehran to the eastern city of Mashhad is scheduled to depart tomorrow morning and a return flight will operate the same day.”

For well over a month airspace over Iran and the whole region was completely closed to commercial aviation, given the exchange of missiles made it highly dangerous. Again, the ceasefire could expire tomorrow, and it could be bombs away again.

As a reminder, the US and Israel actually directly attacked Iranian commercial aviation hubs amid the major Operation Epic Fury bombing campaign.

But the Iranian ‘regime’ is keen to demonstrate on the domestic front, but also on an international level, that it is indeed governing and remains firmly in control. The US and Israel have sought to overthrow the government, but that did not happen, and so leaders in Tehran want to demonstrate resolve even after President Trump claimed to have obliterated the country’s navy, air force, missile sites, and much of its armed forces.

Tyler Durden
Tue, 04/21/2026 – 15:20

Vance Calls Off Pakistan Trip, Iran Delegation Confirms No-Show, With Hours Till Ceasefire Collapse

Vance Calls Off Pakistan Trip, Iran Delegation Confirms No-Show, With Hours Till Ceasefire Collapse

Summary

  • Vance’s trip to Islamabad ‘on hold’ as talks appear off for now after Iran demanded US lift blockade of ports.

  • Neither side wants to appear ‘weak’ by flying to Pakistan first without the other side having already clearly committed. Trump warns: ‘Expect…bombs’ & urges Tehran “release women” said to be on death row.

  • Overnight, US forces conducted a right-of-visit, maritime interdiction and boarding of the stateless sanctioned M/T Tifani in Indo-Pac region: CENTCOM

  • As just 12 ships have gone through Hormuz Strait in last 24 hours, Iran claims one of its own made it past the US naval blockade. CENTOM says 28 turned around.

  • Trump on Truth Social early Tuesday: Iran has Violated the Cease Fire numerous times!

Strait of Hormuz traffic returns to normal by end of April?
Yes 30% · No 71%
View full market & trade on Polymarket

*  *  * 

US Delegation Trip for Talks ‘On Hold’

As VP Vance has been seen at the White House, clearly not en route to Pakistan for Iran talks, a hugely significant headline has sent oil up and stocks dumping more:

  • VP Vance’s Pakistan trip has been put on hold as Iran’s leadership remained divided over whether to participate in a new round of peace talks, via Axios
  • VANCE TRIP ON HOLD AS IRAN DIDN’T RESPOND TO US POSITIONS: NYT
  • VANCE TRIP TO PAKISTAN HAS NOT BEEN CANCLED: NYT

Newsquawk market reaction: Stocks see weakness, while oil and Dollar gain amid NYT reports that VP Vance’s diplomatic trip to Islamabad has been put on hold after Tehran failed to respond to American negotiating positions.

Latest from Iran Foreign Minister:

Iran Last-Minute Major Demand

Talks are in peril as it’s unclear whether Vice President JD Vance intends to depart today for Pakistan, though Axios says he will. And now the Iranian side is imposing a new key demand to even get to the negotiating table – the lifting of the US Navy’s blockade of Iranian ports:

Iran has cast doubt over a second round of peace talks with the U.S. in Islamabad after refusing to publicly commit to attend the talks this week, as the expiration of a ceasefire looms.

Tehran had initially told mediators that it would send a delegation to Pakistan Tuesday for talks but later informed them that the U.S. would have to lift its blockade on Iran ports, according to officials.

Pakistan is urging the U.S. and Iran to extend the two-week cease-fire and continue to work toward a diplomatic solution. Vice President J.D. Vance is expected the lead the U.S. delegation.

President Trump has said he doesn’t intend to sign on to any ceasefire extension, and it expires by Wednesday. He has also warned the Iranians should “expect” bombs if no breakthrough can be found.

Trump to Iran: Release These Women

President Trump has suddenly pivoted to making the ‘humanitarian’ or ‘protect the protesters’ argument once again. He has just written on Truth Social the following words, while sharing the below image of eight Iranian women allegedly on death row:

To the Iranian leaders, who will soon be in negotiations with my representatives: I would greatly appreciate the release of these women. I am sure that they will respect the fact that you did so. Please do them no harm! Would be a great start to our negotiations!!! Thank you for your attention to this matter.

Whether these women are actually about to be hanged is another, lingering question (there’s no legitimate sourcing confirming that a group of eight women are about to be hanged) – but clearly Trump is trying to inject some more leverage on the US side before the second-round Pakistan talks even get started.

He had quickly followed the above with the below message talking about having ‘obliterated’ Iran’s ‘nuclear dust’ to the point that the Iranians can’t get to it:

Trump: Iran Has No Choice, ‘Expect’ Bombs

President Trump on Tuesday said he expects a strong outcome from negotiations with Iran, telling CNBC that “they will end up with a great deal.” He added that “Iran has no choice, it is regime change no matter what you want to call it,” and emphasized that the US is in “a strong negotiating position.”

He said the naval blockade “has been successful” and that US forces are “in control of the Strait.” Trump also stated he does not want to extend the ceasefire, saying “there is not that much time” – but added that “Iran can get itself onto good footing with a deal.”

He also acknowledged that Iran has likely continued to do missile restocking in the ceasefire interim period, and also moving its remaining missile arsenal around. But Trump also claimed the US is “much more powerful than it was a few weeks again” and that CENTCOM used the ceasefire to restock as well. Importantly he also said the US is “ready to go militarily” and that the world should “expect” bombing – in the instance there’s no Pakistan deal reached. And an interesting China reference:

  • Caught an Iranian ship with gifts from China, thought he had an understanding with China’s Xi, says “that’s alright”.

Pakistan Talks: Timeline Still Up in the Air

Who will fly to Islamabad first? Al Jazeera comments on the emerging diplomatic standoff before actual diplomacy even gets started, amid the continued tit-for-tat threats of potential escalation on the battlefield:

Pakistan is ready to host the talks. They are planning for them to take place on Wednesday at the highest level. But the White House has been very tight-lipped about when JD Vance will be leaving Washington.

What appears to be going on is the US trying to protect itself from embarrassment.

If it is to send its team, which ends up sitting here in Islamabad without Iran showing up, that would be a huge embarrassment. As a result, there now appears to be a game between the US and Iran over who is going to get on their plane and fly here first.

Per Bloomberg at about 4am US time: “Iran’s state-run TV denies unspecified media reports that an Iranian delegation has departed for or arrived in Pakistan for negotiations with the US.” Latest:

Al Jazeera reports: Mediators received confirmation of US VP Vance and Iran’s Ghalifab’s arrival in Islamabad at dawn Wednesday to lead talks.

At the same time, per WSJ, Iran has informed regional mediators that it will send a delegation to Islamabad after for days of repeatedly refusing to commit to a new round of negotiations. However, there’s not been official confirmation, only signaling, with Pakistani officials insisting the Iranians will be there. And yet, it was only on Monday that Iran’s Foreign Ministry spokesman said that there was no plan for a second round of negotiations.

But if all goes well, Vice President Vance is expected to depart for Pakistan today, leading the delegation which includes Kushner and Witkoff. As a reminder, on Monday President Trump said “lots of bombs” will be unleased on Iran if there is no deal, and also given the White House doesn’t plan to extend the ceasefire. The key issues of Iran’s nuclear program and the Hormuz Strait loom large. Iranian parliament speaker Mohammad Bagher Ghalibaf has at the same time warned: “we do not accept negotiations under the shadow of threats, and over the past two weeks we have prepared to reveal new cards on the battlefield”.

Another Vessel Interdiction by US Navy

US forces boarded a sanctioned tanker without resistance in the Indo-Pacific as part of operations targeting vessels linked to Iran, the Pentagon said on X. Initial statements did not indicate a precise location, and clearly it did not occur in the Hormuz Strait. Washington recently announced it is ready to seize ‘illicit’ Iran-linked vessels anywhere on the high seas. The move follows Sunday’s major boarding of an Iranian-flagged vessel, when a US warship opened fire as it attempted to transit the strait, striking and damaging the engine room.

CENTCOM: Overnight, U.S. forces conducted a right-of-visit, maritime interdiction and boarding of the stateless sanctioned M/T Tifani without incident in the INDOPACOM area of responsibility.



“As we have made clear, we will pursue global maritime enforcement efforts to disrupt illicit networks and interdict sanctioned vessels providing material support to Iran—anywhere they operate,” a CENTCOM post said. “International waters are not a refuge for sanctioned vessels. The Department of War will continue to deny illicit actors and their vessels freedom of maneuver in the maritime domain.”

Iran has been referring to this incident as a second fresh US violation of the ceasefire, amid the tit-for-tat accusations:

Meanwhile…

Iran Claims Successfully Defied US Blockade

An Iranian oil tanker entered the territorial waters of Iran overnight after transiting the Arabian Sea with support from the country’s navy, according to the army, and as reported in NBC. Semi-official Fars News Agency reported that the vessel continued its route despite what it described as repeated warnings and threats from US forces enforcing a Trump-ordered blockade on Iranian ports.

The tanker is now anchored at a southern Iranian port and has remained there for several hours, the report indicated. Tanker traffic remains at a tiny trickle, with 12 presumably US-approved vessels having made it through in the past 24 hours.

A sense of normalcy returns to Iran as countdown to Wednesday expiration of 2-week ceasefire weighs heavy…

There are even reports that Iran is ready to open up domestic air travel once again, but that could soon prove short-lived as President Trump’s threats keep coming, and given the unlikelihood that Pakistan talks will in the end succeed.

Tyler Durden
Tue, 04/21/2026 – 15:05

Gold Vs An Erupting Financial Volcano

Gold Vs An Erupting Financial Volcano

Authored by Matthew Piepenburg via VonGreyerz.gold,

Below, we look soberly at the historical case of gold in the backdrop of current headlines and a global financial system nearing an eruption moment. 

Although the catalysts of oil, war, bond dysfunction, and bloated stocks may seem modern and unique, the current case for gold is as timeless and constant as nature itself.

Volcanic Parallels…

In May of 1980, David Alexander Johnston, a volcanologist for the United States Geological Survey, was manning an observation post 10 kilometers from the percolating volcano of Mount St. Helens in the state of Washington. 

On May 18th, he would be the first to report the volcano’s sudden eruption. 

Within in minutes, however, Johnston would be killed by the volcano’s “lateral blasts.” his body was never recovered, and 56 others would also perish—along with 7,000 big game animals, 12 million fish, 200 homes, 300 kilometers of highway and 15 kilometers of railway.

Although monitoring volcanos may seem entirely removed from monitoring economic shocks, there are volcanic rumblings beneath our global oil, credit, equity and currency markets which are about to erupt. 

Like Johnston, few realize just how quickly observation can suddenly turn to extreme danger.

In fact, the current “calm before the financial eruption” feels almost surreal when one compares the hard facts of the global oil, bond and Main Street indicators against a topping stock market and a completely indecipherable “conflict narrative” coming out of DC.

To make this “eruption announcement” economically clear and soberly real as opposed to just sensational, all we need is a moment of silence to consider simple math, the rhyming cadence of history and a modicum of realism (and common sense).

Let’s start with oil.

Oil’s Warning Meters

History reminds us that the last great “oil shocks” of 1973 and 1990 had massive ripple effects on U.S. markets and Main Street economies.

What is coming, however, will be far worse.

During the oil embargo period of 1973, for example, the world experienced a 7% deficit of oil supply. This resulted in a 300% oil price surge, a 52% fall in U.S. stocks (over 2 years) and a peak inflation level of over 12%.

Seventeen years later, during the Gulf War, the world saw a similar global oil deficit (7%), a 75% spike in oil prices and a 21% fall in U.S. stocks.

Fast forward to today, however, and we see an almost surreal moment of total disregard for such warnings as well as blindness to the financial volcano growling on the horizon.

Since the last oil tanker squeezed past the Strait of Hormuz in late February, global oil usage of 100 million barrels per day has fallen by 13%, as 13 million barrels per day have been delayed by the fog of war.

This marks a global oil deficit in 2026 of nearly twice the levels seen in 1973 and 1990, yet the U.S. stock market (always the last to get the memo) is trading at nearly all-time highs as of this writing.

This Is Crazy…

Globally, oil reserves are running out, including within the U.S., whose Strategic Petroleum Reserves are at half their 400M barrel level. 

The situation is far worse in Asia, India and Africa, whose last oil deliveries from the Hormuz Strait ended days ago. 

This explains why hotels are closed in Mumbai, and fishing trawlers are out of gas off the coast of Thailand.

As for Australia, the EU and the UK, their last deliveries out of Hormuz came on April 10th. 

Now their leaders are nervously trying to limit demand while hoping for a true and lasting cease-fire for an Iranian conflict driven by a Truth-Social account rather than professional diplomacy or even a rudimentary understanding of global finance.

Even if this conflict ended right now, the delayed economic effects from these record-breaking energy deficits are and will be extraordinary. 

This is not a fable but a fact.

Oil, which fuels the world, also transports the goods which feed and move the world. 

When oil prices rise, the cost of everything rises, including the food transported on ships running on oil, and which food is grown from fertilizers made from oil. 

Within the next few weeks, we could be looking at a humanitarian food crisis in the developing economies.

Meanwhile, in the U.S., the University of Michigan’s Consumer Confidence Index is near the bottom as the S&P nears its peak—marking a total (and tragi-comical) disconnect from Main Street indicators and Wall Street mania, the likes of which we’ve never seen before.

Also never seen before in history is the surreal disconnect between the paper (Brent futures) price for oil and the actual sales (“dated Brent”) price for the commodity in real time – a gap of over $35 dollars.

This delta between real oil pricing and paper oil pricing represents a pathetic attempt by policy makers to psychologically suppress panic via the help of well – pure dishonesty.

But then again, dishonesty as a matter of policy is nothing new to broken financial regimes, a fact proven by inflation misreporting, recession denial or the latest frauds legalized on the COMEX.

(By the way, those governmental proxies front-running the fake futures oil price gambit are looking down the barrel of one heck of a short-squeeze unless this war – and spiking oil price – is not immediately resolved…)

In sum, what we are experiencing as of now is the worst oil supply deficit in history, about to humiliate a U.S. stock bubble at all-time highs, which is totally disconnected from Main Street at the same time a fertilizer/food crisis is about to erupt in the world’s most vulnerable economies.

And Then There’s the Bond Market…

But even such appalling conditions pale in comparison to what our global bond markets are telling us.

As I’ve repeated for years: “The bond market is the thing.” 

Boring? Perhaps. But bonds are absolutely critical. As sovereign bond demand tanks and hence bond yields rise, the cost of debt/borrowing rises. 

This is fatal to economies that now operate almost entirely on debt.

And there is no better measure of debt costs than the yield on 10-Year sovereign bonds, almost all of which are rising like shark fins around drowning (and debt-soaked) nations like the UK, Germany, the U.S. and Japan.

But what is even more remarkable in the global bond market is what we are seeing out of China, whose yields are falling, not rising. 

This means Chinese bonds have more demand than U.S. Treasuries, British Gilts, Japanese JGB’s and German Bunds, which also means the days of Western bond hegemony in general, and U.S. Treasury hegemony in particular, are witnessing an historical turning point, one which we have been forewarning for years

In the case of the U.S., the yield on the U.S. 10Y is creeping dangerously close toward its “Uh-Oh” recession-inducing red line of 4.6% to 4.8%.

At $40T in U.S. public debt, Uncle Sam simply cannot survive such rising yields. 

Regardless of who sits at the Federal Reserve Bank (which is neither “federal,” nor a “reserve” nor even a “bank”), trillions will need to be printed to buy America’s otherwise unloved, unwanted and weaponized IOUs.

Bessent may try a “soft default” of UST’s by illegally (yet in the name of “national security”) fixing yields lower and extending bond durations further out. 

But even such desperate measures will not stop the inevitable “mouse-clicking” of trillions in M0 Fed Balance Sheet dollars and M2 money supply expansion to save our bond markets at the expense of our currency.

In short, Uncle Sam will have no choice but to create bad money out of thin air to pay his own criminally negligent bar tab.

Even if peace were somehow declared today in the Middle East, the debt and currency damage was already fatally ill long before the conflict in Iran acted to accelerate the dying process.

Which brings us, of course, to real money vs. fake money

All Roads Lead to Gold

The now undeniable destruction of the dollar’s absolute purchasing power and the desperate yet failed measures to somehow reclaim dollar hegemony are beyond debate. 

The USA and its dollar will not end, but their hegemony is already (and will continue) declining. Regardless of whatever happens next in Iran or elsewhere, the die for U.S. debt, and hence the USD, was cast long ago.

Yes, there is so much change everywhere and every day, especially now. We all see this. 

But such blunt-speak is not anti-American. It is financial realism and simple pattern recognition, for despite all speculations, squawking pundits, changing headlines, tweets, and armchair military guessing, nothing has really changed at all…

History reminds us again and again that broken nations over their skis in failed and extended wars, extreme deficit spending and political mismanagement have always debased their currencies to temporarily save their political optics and near-term legacies.

This has always meant “temporary prosperity followed by permanent ruin” created by a handful of “political and economic opportunists,” who, as Hemingway warned, take their nations toward currency destruction and war – the very scenario in which we now openly find ourselves.

As the world reserve currency slowly loses its trust, faith, credibility and purchasing power in such a classic yet historically familiar backdrop, gold, as it has done for thousands of years, will continue to honestly rise in a setting of now almost comical dishonesty.

Like David Johnston, many of us have been watching the financial debt volcano rumble in the distance. 

As of 2026, that volcano is now erupting. It is now up to each of us to avoid being swept away by its “lateral blasts” of paper currency destruction.

In other words, it’s up to each of us to own honest and real money to protect ourselves from the financial lava flowing our way.

Tyler Durden
Tue, 04/21/2026 – 15:00

No Protection From Gulf Shock: World’s Biggest Condom Maker Warns Of Price Hikes

No Protection From Gulf Shock: World’s Biggest Condom Maker Warns Of Price Hikes

The first-order effect of the U.S.-Iran conflict and the resulting shutdown of the Hormuz chokepoint was the disruption of global energy flows, from LNG to crude to refined products. The second-order effect was a spike in petrochemical prices and a widening shortage of key industrial inputs. Now the third-order effects are beginning to hit everyday goods, with Malaysia-based Karex, the world’s largest condom maker, warning that prices are about to explode.

Karex CEO Goh Miah Kiat spoke with Reuters in an exclusive interview about his plan to hike condom prices by 20% to 30%, and possibly more, as the war in Iran continues to disrupt supply chains and drive up critical input and shipping costs.

The situation is definitely very fragile, prices are expensive… We have no choice but to transfer the costs right now to the customers,” Goh said.

He said costs have increased for everything from synthetic rubber and nitrile used in manufacturing condoms to packaging materials and lubricants such as aluminum foil and silicone oil.

Earlier this month, Goldman analyst Georgina Fraser warned clients about petrochemical shock worsening across Asia, with textile and packaging plants emerging as the first major downstream casualties. 

The supply shock is transmitting faster and at a greater magnitude than we had anticipated,” Fraser warned in the note. 

Reuters noted, “The condom maker joins a growing list of companies, including medical glove makers, bracing for supply chain bottlenecks as the Iran war strains energy ​and petrochemical flows from the Middle East, disrupting procurement of raw materials.” 

At the same time, Kiat said condom demand has surged 30% so far this year, with shipping disruptions further exacerbating shortages. He noted that shipping times to the U.S. and Europe are now two months, up from one month previously.

“We’re seeing a lot more condoms actually sitting on vessels that have not arrived at their destination but are highly required,” Goh added. He noted that many developing countries do not have large condom supplies.

Tyler Durden
Tue, 04/21/2026 – 14:40

The Latest AI Developments In 60 Seconds

The Latest AI Developments In 60 Seconds

As the tempo of AI newsflow approached the frenzied rollercoaster pace of geopolitical headlines during the biggest oil shock in decades, it’s becoming easy to get lost in all the latest developments and drama surrounding OpenAI, Anthropic, Nvidia, government blacklists, the AI circle jerk, sentinent killer robots, and so on…

To help readers keep on top of things, we are launching a brief AI news roundup, which should help you get up to speed in under 60 seconds. 

Here are the four main things you need to know: 

  • And just like that, Anthropic goes from Pentagon supply chain risk to $13B anchor tenant of AWSAmazon’s fresh $5B investment brings its total Anthropic commitment to $13B – with Anthropic pledging $100B+ in AWS cloud spend over 10 years in return, securing 5GW of compute capacity across Tranium2 through Tranium4. On the government track, NSA is reportedly deploying Anthropic’s Mythos model despite the DoD designation – a contradiction that speaks to how deeply embedded Claude has become in mission critical workflows. And perhaps the clearest signal of where employees think this is going: Anthropic’s recent tender offer fell short of the $5-6B investors had lined up – not because demand was weak, but employees choosing to hold, perhaps betting the public listing will price meaningfully higher.
     
  • OpenAI, meanwhile, is cutting… not expanding. Kevin Weil and Bill Peebles both departed as OpenAI pivots away from compute heavy side quests towards enterprise monetization and a forthcoming superapp. The Codex revamp signals the same thesis: agentic workflow ownership over model novelty. Both companies are refining narrative and product surface, and capital structure simultaneously – the ARR accounting dispute where OpenAI internally accused Anthropic of overstating revenue metrics signals the positioning war is intensifying.
     
  • But the most consequential bet of the week may not be in software at all. Jeff Bezos is close to finalizing a $10B funding round for Project Prometheus – his physical AI lab valued at $28B, with JPM and Blackrock among investors per the Financial Times. While Anthropic and OpenAI race to own the enterprise workflow layer, Bezos is making a different wager: that the next frontier of AI Value Creation is in the physical world – manufacturing, aerospace, robotics, logistics – where the training data isn’t scraped from the internet but locked inside the factory floor. Not to mention, this is the first time Bezos has held an operational role since leaving Amazon in 2021.
     
  • And zooming out, the Private Capital machine isn’t slowing. Sequoia raised $7B under new co-stewards Alfred Lin and Pat Grady, nearly double its prior $3.4B comparable fund – for late stage AI expansion. Accel followed with $5B, deploying $4B into a Leaders Fund targeting at least 20 checks averaging $200M each, explicitly naming robotics and defense alongside AI software. Taken together: $12B+ of late stage conviction in a single week, with physical AI now sitting at the center of both mandates. With Capital is concentrating, Manger Selection now matters more than vintage year timing.

Source: UBS

Tyler Durden
Tue, 04/21/2026 – 14:00

California School Excludes White Kids From Segregated ‘Social Justice’ Field Trip

California School Excludes White Kids From Segregated ‘Social Justice’ Field Trip

Authored by Steve Watson via Modernity.news,

In a stunning display of racial exclusion dressed up as “equity,” a California school district barred white students from a taxpayer-funded field trip centered on “social justice.”

Albany Unified School District (AUSD) organized the overnight trip to Virginia exclusively for “young men and women of color” from Albany High School. White kids stayed home while their non-white classmates toured Historically Black Colleges and Universities (HBCUs), visited civil rights sites, and held discussions on social justice, leadership, and self-awareness.

The trip was officially approved by the board of education and cost the district $42,845. Documents obtained by the parental rights group Defending Education and shared with the Daily Caller News Foundation lay bare the full scope of this race-based program.

“This unique mentoring program encourages Albany High School young men and women of color to develop social, personal, and academic success skills,” the board document states. “Students gather in a safe, supportive, and empowering environment to voice their needs and challenges. The students engage in enriching discussions on social justice, education, leadership, mental well-being, and self-awareness. This mentoring program is transforming the lives of young men and women of color to make a significant global impact in society.”

Along with HBCU tours, participants visited the Virginia Museum of History and Culture, the Virginia Civil Rights Memorial, and the Black Heritage Trail.

This is not an isolated incident. AUSD maintains a host of other race-specific initiatives. Its 2025-2026 Local Control and Accountability Plan includes “Young Men of Color and Young Women of Color Programs” aimed at providing “social emotional supports to most underserved students” as part of a $1,257,234 budget line for mental health efforts. The district also pushes “professional development” for staff on “culturally responsive/anti-racist pedagogy” to support “student groups who are persistently and historically underserved.”

Hiring practices follow the same pattern. A 2026 superintendent report outlines goals to “Recruit and Retain a Diverse, High Quality Staff” through “equitable recruitment pipelines,” “affinity-based supports,” and a “Black Teacher Project.” The district even tracks staff demographics as a measure of success.

AUSD’s website further details a protocol for any potential ICE activity on campus, instructing staff “NOT to provide any information” and declaring the district a “safe haven” for immigrant families. It also openly states its aim of “Recruiting and retaining excellent, diverse teachers.”

The district did not respond to the Daily Caller News Foundation’s request for comment.

Paul Runko, senior director of strategic initiatives at Defending Education, condemned the approach.

“Students and teachers are best served when opportunities are based on merit and individual need, not immutable characteristics like race and ethnicity,” Runko noted.

He added, “Schools should focus their limited time and resources on challenging high-achieving students, supporting those who are struggling, and ensuring all students receive a high-quality education, rather than organizing programs and initiatives around racial categories. Great, hard-working teachers should be supported, mentored, and retained for their effectiveness in the classroom, not based on race or any other characteristic.”

The story ignited immediate backlash on X. Defending Education president Nicki Neily posted details of the affinity groups and district-funded trip, highlighting how AUSD maintains these race-based programs.

Other users quickly labeled it revived segregation. One commenter noted the broader pattern, pointing out that districts like LAUSD run identical race-exclusive trips for Black students to visit HBCUs.

Posts sharing the development described it as “no whites allowed” programming and accused the left of teaching minority children to view race through a lens of division rather than unity.

This episode exposes the core contradiction in today’s woke education machine. The same activists who lecture endlessly about dismantling “systemic racism” have no problem erecting racial barriers when it suits their narrative. In California, where open-border policies and sanctuary rules already strain public resources, school districts like Albany Unified double down on identity politics instead of delivering color-blind excellence.

Taxpayers are left footing the bill for programs that sort children by skin color, train staff in ‘anti-racist’ (racist) ideology, and prioritize demographic quotas over classroom results. Meanwhile, every student—regardless of background—loses out when schools abandon merit for grievance.

The push for “social justice” has produced the very segregation civil rights leaders once fought to end. Districts chasing racial affinity groups and exclusive trips are not healing divides; they are widening them at public expense.

Public schools exist to educate children, not to engineer racial outcomes or indulge activist fantasies. Until districts like Albany Unified face real accountability, this taxpayer-funded racial sorting will only accelerate.

Your support is crucial in helping us defeat mass censorship. Please consider donating via Locals or check out our unique merch. Follow us on X @ModernityNews.

Tyler Durden
Tue, 04/21/2026 – 13:00

Pakistan Talks In Peril As Iran Now Demands Lifting Blockade Of Its Ports, After US Navy Boarded Another Vessel

Pakistan Talks In Peril As Iran Now Demands Lifting Blockade Of Its Ports, After US Navy Boarded Another Vessel

Summary

  • Still no sign or confirmation that Iranian delegation is en route. Vance seen still attending White House meetings Tuesday. Iran newly demands lifting of US blockade as Wed ceasefire expiration looms.

  • Neither side wants to appear ‘weak’ by flying to Pakistan first without the other side having already clearly committed. Trump warns: ‘Expect…bombs’ & urges Tehran “release women” said to be on death row.

  • Overnight, US forces conducted a right-of-visit, maritime interdiction and boarding of the stateless sanctioned M/T Tifani in Indo-Pac region: CENTCOM

  • As just 12 ships have gone through Hormuz Strait in last 24 hours, Iran claims one of its own made it past the US naval blockade. CENTOM says 28 turned around.

  • Trump on Truth Social early Tuesday: Iran has Violated the Cease Fire numerous times!

Strait of Hormuz traffic returns to normal by end of April?
Yes 30% · No 71%
View full market & trade on Polymarket

*  *  * 

Iran Last-Minute Major Demand

Talks are in peril as it’s unclear whether Vice President JD Vance intends to depart today for Pakistan, though Axios says he will. And now the Iranian side is imposing a new key demand to even get to the negotiating table – the lifting of the US Navy’s blockade of Iranian ports:

Iran has cast doubt over a second round of peace talks with the U.S. in Islamabad after refusing to publicly commit to attend the talks this week, as the expiration of a ceasefire looms.

Tehran had initially told mediators that it would send a delegation to Pakistan Tuesday for talks but later informed them that the U.S. would have to lift its blockade on Iran ports, according to officials.

Pakistan is urging the U.S. and Iran to extend the two-week cease-fire and continue to work toward a diplomatic solution. Vice President J.D. Vance is expected the lead the U.S. delegation.

President Trump has said he doesn’t intend to sign on to any ceasefire extension, and it expires by Wednesday. He has also warned the Iranians should “expect” bombs if no breakthrough can be found.

Trump to Iran: Release These Women

President Trump has suddenly pivoted to making the ‘humanitarian’ or ‘protect the protesters’ argument once again. He has just written on Truth Social the following words, while sharing the below image of eight Iranian women allegedly on death row:

To the Iranian leaders, who will soon be in negotiations with my representatives: I would greatly appreciate the release of these women. I am sure that they will respect the fact that you did so. Please do them no harm! Would be a great start to our negotiations!!! Thank you for your attention to this matter.

Whether these women are actually about to be hanged is another, lingering question (there’s no legitimate sourcing confirming that a group of eight women are about to be hanged) – but clearly Trump is trying to inject some more leverage on the US side before the second-round Pakistan talks even get started.

He had quickly followed the above with the below message talking about having ‘obliterated’ Iran’s ‘nuclear dust’ to the point that the Iranians can’t get to it:

Trump: Iran Has No Choice, ‘Expect’ Bombs

President Trump on Tuesday said he expects a strong outcome from negotiations with Iran, telling CNBC that “they will end up with a great deal.” He added that “Iran has no choice, it is regime change no matter what you want to call it,” and emphasized that the US is in “a strong negotiating position.”

He said the naval blockade “has been successful” and that US forces are “in control of the Strait.” Trump also stated he does not want to extend the ceasefire, saying “there is not that much time” – but added that “Iran can get itself onto good footing with a deal.”

He also acknowledged that Iran has likely continued to do missile restocking in the ceasefire interim period, and also moving its remaining missile arsenal around. But Trump also claimed the US is “much more powerful than it was a few weeks again” and that CENTCOM used the ceasefire to restock as well. Importantly he also said the US is “ready to go militarily” and that the world should “expect” bombing – in the instance there’s no Pakistan deal reached. And an interesting China reference:

  • Caught an Iranian ship with gifts from China, thought he had an understanding with China’s Xi, says “that’s alright”.

Pakistan Talks: Timeline Still Up in the Air

Who will fly to Islamabad first? Al Jazeera comments on the emerging diplomatic standoff before actual diplomacy even gets started, amid the continued tit-for-tat threats of potential escalation on the battlefield:

Pakistan is ready to host the talks. They are planning for them to take place on Wednesday at the highest level. But the White House has been very tight-lipped about when JD Vance will be leaving Washington.

What appears to be going on is the US trying to protect itself from embarrassment.

If it is to send its team, which ends up sitting here in Islamabad without Iran showing up, that would be a huge embarrassment. As a result, there now appears to be a game between the US and Iran over who is going to get on their plane and fly here first.

Per Bloomberg at about 4am US time: “Iran’s state-run TV denies unspecified media reports that an Iranian delegation has departed for or arrived in Pakistan for negotiations with the US.” Latest:

Al Jazeera reports: Mediators received confirmation of US VP Vance and Iran’s Ghalifab’s arrival in Islamabad at dawn Wednesday to lead talks.

At the same time, per WSJ, Iran has informed regional mediators that it will send a delegation to Islamabad after for days of repeatedly refusing to commit to a new round of negotiations. However, there’s not been official confirmation, only signaling, with Pakistani officials insisting the Iranians will be there. And yet, it was only on Monday that Iran’s Foreign Ministry spokesman said that there was no plan for a second round of negotiations.

But if all goes well, Vice President Vance is expected to depart for Pakistan today, leading the delegation which includes Kushner and Witkoff. As a reminder, on Monday President Trump said “lots of bombs” will be unleased on Iran if there is no deal, and also given the White House doesn’t plan to extend the ceasefire. The key issues of Iran’s nuclear program and the Hormuz Strait loom large. Iranian parliament speaker Mohammad Bagher Ghalibaf has at the same time warned: “we do not accept negotiations under the shadow of threats, and over the past two weeks we have prepared to reveal new cards on the battlefield”.

Another Vessel Interdiction by US Navy

US forces boarded a sanctioned tanker without resistance in the Indo-Pacific as part of operations targeting vessels linked to Iran, the Pentagon said on X. Initial statements did not indicate a precise location, and clearly it did not occur in the Hormuz Strait. Washington recently announced it is ready to seize ‘illicit’ Iran-linked vessels anywhere on the high seas. The move follows Sunday’s major boarding of an Iranian-flagged vessel, when a US warship opened fire as it attempted to transit the strait, striking and damaging the engine room.

CENTCOM: Overnight, U.S. forces conducted a right-of-visit, maritime interdiction and boarding of the stateless sanctioned M/T Tifani without incident in the INDOPACOM area of responsibility.



“As we have made clear, we will pursue global maritime enforcement efforts to disrupt illicit networks and interdict sanctioned vessels providing material support to Iran—anywhere they operate,” a CENTCOM post said. “International waters are not a refuge for sanctioned vessels. The Department of War will continue to deny illicit actors and their vessels freedom of maneuver in the maritime domain.”

Iran has been referring to this incident as a second fresh US violation of the ceasefire, amid the tit-for-tat accusations:

Meanwhile…

Iran Claims Successfully Defied US Blockade

An Iranian oil tanker entered the territorial waters of Iran overnight after transiting the Arabian Sea with support from the country’s navy, according to the army, and as reported in NBC. Semi-official Fars News Agency reported that the vessel continued its route despite what it described as repeated warnings and threats from US forces enforcing a Trump-ordered blockade on Iranian ports.

The tanker is now anchored at a southern Iranian port and has remained there for several hours, the report indicated. Tanker traffic remains at a tiny trickle, with 12 presumably US-approved vessels having made it through in the past 24 hours.

A sense of normalcy returns to Iran as countdown to Wednesday expiration of 2-week ceasefire weighs heavy…

There are even reports that Iran is ready to open up domestic air travel once again, but that could soon prove short-lived as President Trump’s threats keep coming, and given the unlikelihood that Pakistan talks will in the end succeed.

Tyler Durden
Tue, 04/21/2026 – 12:45