Trump 'low-keying' talks with Iran, opts for economic pressure

U.S. President Donald Trump signaled on Sunday that he is prepared to let economic pressure on Iran build rather than order a renewed military offensive.“We are low-keying it,” Trump said during a brief phone call with Axios reporter Barak Ravid, adding that Washington was “only semi-negotiating” while watching the Islamic Republic’s soaring inflation.The regime “is in very bad shape” economically and cannot pay its troops due to the U.S. naval blockade on Iranian ports, the president said.Axios noted that Trump made no new military threats and voiced no frustration over Iran’s delay of an announcement on reopening the Strait of Hormuz. He likened the standoff to a game of chess, saying, “It always works out.”U.S. officials told Axios that Trump had been leaning toward resuming major combat operations a week ago but was persuaded to de-escalate.When the regime is not at war, an official added, it is forced to confront…
U.S. President Donald Trump indicated on Sunday that the U.S. is prioritizing economic pressure on Iran over military action, stating, "We are low-keying it" and "only semi-negotiating." He noted Iran's severe economic state, attributing it to the U.S. naval blockade on Iranian ports, which has redirected 55 commercial vessels since July 14. Meanwhile, Iran's President Masoud Pezeshkian appointed Mohsen Rezaei as secretary of the Supreme National Security Council, and Supreme Leader Ayatollah Mojtaba Khamenei also named Rezaei as his representative.
- Tehran issued conditions for reopening the Strait of Hormuz, demanding U.S. compensation for war damages, an end to hostilities, the lifting of the naval blockade and sanctions, and the release of frozen assets.
- Iranian Foreign Minister Abbas Araghchi stated that while messages are being exchanged through intermediaries, direct talks between Tehran and the U.S. are not currently taking place.
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