Two US demands put further Iran talks in doubt

This is the emerging US-Iran arrangement

Diplomatic sources familiar with the negotiations say the breakthrough came after Iran’s economic distress intensified under the American blockade. In exchange for reopening the strait, the US will unfreeze $20 billion in funds belonging to the Iranian regime. On the nuclear issue, Iran will be allowed to keep civilian facilities under full supervision and above ground.

Two US demands put further Iran talks in doubt

Two US demands put further Iran talks in doubt

Efforts to resume the talks are continuing with mediation by regional states. In Iran, an internal struggle is underway over the delegation’s authority and its ability to reach agreements. In the US, officials are signaling that they will not move forward without a change in Iranian conduct.

Trump declares naval blockade of the Strait of Hormuz

US naval blockade of Iran takes effect

Analysis puts the potential daily damage at $435 million – nearly $13 billion a month. The blockade could strangle Iran's economy without a ground war, but risks upending the ceasefire and triggering a crisis with Beijing just weeks before Trump meets Xi.