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strikeAug 24, 2026

Has Trump Turned The Tables On Iran - Or Is Another Round Of War Coming?

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Has Trump Turned The Tables On Iran - Or Is Another Round Of War Coming? Authored by Trita Parsi via Antiwar.com, reprinted with permission from Trita Parsi's Substack. The Trump administration believes it has turned the tables on Iran. Washington assesses that the rerouting of maritime traffic through the Omani corridor, combined with a global shift away from Persian Gulf oil, has reduced the effectiveness of Tehran's closure of the Strait of Hormuz. At the same time, the U.S. blockade has sharply constrained Iran's ability to sell its oil. The result, in Washington's view, is a status quo that imposes greater costs on Iran than on the United States. That calculation changes the strategic equation. Rather than being forced to accommodate Iranian demands, President Donald Trump now believes he can afford to wait Tehran out. For the first time since the war began, the White House has concluded, time is working in America's favor. Assuming that assessment is correct, the more important question is what Trump intends to do with this newfound leverage. If Washington interprets Iran's vulnerability as an opportunity to extract capitulation rather than to negotiate a durable settlement, the result is more likely to be another round of war than an end to the conflict. Tehran has already demonstrated that when confronted with a choice between surrender and escalation, it will choose the latter. Giving Iran the same choice again is therefore unlikely to produce a different outcome. The only way to turn this unexpected shift in the balance of leverage into a political victory is through diplomacy. If Washington's assessment is correct, it now has an opportunity to use its leverage to secure a compromise that addresses its core interests while giving Tehran sufficient reason to accept an agreement. If, instead, the administration pursues maximalist demands, it risks converting a moment of leverage into another cycle of war. Historically, however, Washington has tended to make precisely this mistake. Whenever U.S. policymakers have concluded that time and leverage are on their side, they have often treated Iranian weakness not as an opening for compromise, but as an opportunity to seek capitulation. The danger is that Trump will repeat that pattern. He will mistake leverage for victory and turn a potentially favorable negotiating position into the continuation of the tragedy that is US-Iran relations. Trump failed militarily, but thinks he can win economically America has run out of military options. The clearest indication is that the Trump administration has stopped striking Iranian targets even as Tehran continues to attack ships transiting the Strait. On Monday, an Iranian attack killed a sailor aboard a vessel using the southern corridor. Yet Washington did not respond militarily - even though the second round of the war began precisely because the administration had declared that it could not accept Iran firing on ships. According to Reuters, U.S. forces have used virtually all of their global stockpile of ATACMS and Precision Strike Missiles (PrSM) during the five-month Iran conflict. Moreover, roughly 65% of Patriot interceptors, 38% of THAAD interceptors, and almost half of the Navy's Tomahawk cruise missiles have been expended. The depletion of these stocks appears to have forced Trump to abandon its pursuit of a military knockout and instead shift the burden of economic pressure onto Tehran. That strategy, in turn, appears to be producing results faster - and to a greater degree - than the administration anticipated. In the American description of events, this success is mainly due to three factors: New, much larger ships are being used that carry primarily crude oil. These VLCCs (Very Large Crude Carrier) can carry up to 2 million barrels of oil. In comparison, other oil tankers can transport between 350,000 and 1 million barrels. Before the outbreak of the war, approximately 21 million barrels of petroleum and crude oil passed through the Strait of Hormuz on a daily basis. These were carried by 65 to 80 tankers. Roughly the same amount of oil transition through the strait can now be achieved by only ten VLCCs a day. And given that the vast majority of ships transitioning through the Strait in the Southern Corridor have their transponders off, this traffic has not been noted by outlets tracking the traffic. Secondly, demand for Persian Gulf oil has significantly dropped as numerous economies have started to transition to other sources of supply. Brazil, for instance, has increased its exports and started to serve markets that previously relied on Persian Gulf oil. Most importantly, Beijing appears to have deliberately reduced its oil consumption to prevent prices from remaining above $100 a barrel and thereby aggravating the risk of a global recession. Third, the war has created economic incentives strong enough to attract ships and crews willing to assume substantially greater risks. The growing volume of traffic through the Southern Corridor, despite the obvious dangers, is evidence that these incentives are surprisingly powerful. Unlike its earlier illusions about the blockade as a guaranteed knockout blow against the Iranian theocracy, Washington no longer expects economic pressure to produce a quick surrender. Instead, the administration appears to be betting on a slower process of economic strangulation that will eventually force Tehran to capitulate. Faith in a knockout blow has given way to the more fragile hope of prolonged strangulation. Tehran isn't worried - for now Iran's calculation is effectively the opposite of Washington's. Tehran doubts the United States can sustain the flow of VLCC traffic through the Strait and believes Trump will have little choice but to return to the Islamabad MOU within the next two to three weeks. Trump may have made progress on oil exports, but LNG and many petrochemical products, including fertilizers, remain unable to leave the Persian Gulf. Tehran also appears to believe that it retains the ability to halt the VLCC traffic, but is deliberately refraining from doing so for now. The calculation is to avoid escalation while waiting to see whether the United States' depleted military options ultimately compel Trump to return to the MOU. In short, Tehran does not appear overly concerned - for now. But that could change. If Trump refuses to return to the MOU, or succeeds in turning the balance of economic pain against Iran, Tehran will face a far harsher reality. Just as Washington underestimated Iran's resilience, Tehran may have underestimated the both resilience of the global economy and Trump - the former's ability to shift away from oil and the latter's craftiness in finding non-military ways to effectively reopen parts of the Strait. Between surrender or escalation, Iran will almost certainly choose escalation. Even if Trump has gained the economic upper hand, Tehran still believes it holds a military advantage. Its options range from more aggressive attacks on VLCCs to strikes on Emirati pipelines that bypass the Strait, and potentially to renewed escalation in the Red Sea. Indeed, it was precisely Trump's erroneous assumption that Iran would choose surrender over war that helped drive the United States toward escalation in the first place. Washington's recurring search for Iran's breaking point has repeatedly produced escalation rather than capitulation. There is little reason to expect the pattern to be different this time. The US-Iran tragedy Herein lies the tragedy of the lethal dance between Washington and Tehran. America's winner-take-all approach makes agreement unacceptable when Iran has the momentum. When the momentum shifts to Washington, the United States comes to believe that nothing short of Tehran's full capitulation is palpable. Because Iran fears surrender more than war, the cycle oscillates between economic pressure and military escalation, interrupted only by brief and often fragile periods of diplomacy. Put simply, the structure of the situation favors war. This is particularly visible today as neither side is investing in any real diplomacy with the other. Tehran's "diplomacy" is to simply wait for Trump to return to the MOU, while Trump has barred U.S. officials from engaging with Iran and committed himself instead to economic warfare. When you don't negotiate when you're weak, because you are weak, and you don't negotiate when you are strong, because you are strong, then war becomes the baseline. Trita Parsi is the Executive VP of the Quincy Institute for Responsible Statecraft and an award-winning author. Washingtonian Magazine has named him one of the 25 most influential voices on foreign policy. Noam Chomsky calls him "one of the most distinguished scholars on Iran" Tyler Durden Sun, 08/23/2026 - 22:10

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  • Tyler DurdenBy Tyler Durden

    Has Trump Turned The Tables On Iran - Or Is Another Round Of War Coming? Authored by Trita Parsi via Antiwar.com, reprinted with permission from Trita Parsi's Substack. The Trump administration believes it has turned the tables on Iran. Washington assesses that the

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IE 11 is not supported. For an optimal experience visit our site on another browser. California AG Cancels Paramount Talks Over Alleged Leak 00:36 Jared Kushner, Hakeem Jeffries Meet to Discuss Common Ground 02:15 Now Playing US to Unveil Trump's 'Economic D-Day' Sanctions Against Iran 04:54 UP NEXT Massive Hawk Fire Near Reno Prompts Thousands of Evacuations 02:57 Bishop Rainey Cheeks, Black Belt-Turned Minister, Dies at 74 02:03 What is Behind Prince Harry's Surprise Move Back to the UK?

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Iran’s rial hit rock bottom on Monday, falling to a record low as Washington prepared what it called an “economic D-Day”. The fresh sanctions are set to pile more pressure on an economy already battered by existing restrictions and a US naval blockade.

The rial fell to 2.02 million against the US dollar when informal currency markets opened. While Iran’s official Central Bank rate was around 1.5 million rial to the dollar, the informal market rate is the one most Iranians pay. The currency was already in trouble before the US and Israel attacked Iran on February 28, with the economy facing double-digit inflation and negative growth.

Nearly six months of war have since pushed the rial to fresh record lows. But the currency’s slide has not translated into the concessions US President Donald Trump has been seeking from Tehran. Iran continues to maintain a firm grip over shipping through the Strait of Hormuz, a crucial waterway through which a fifth of the world’s traded oil moved freely before the war.

Iranian attacks and threats during the conflict have severely hampered traffic through the strait. Iran, Oman work on Hormuz plan As tensions over the waterway continue, Iran and Oman are reportedly close to agreeing on a plan for jointly managing the Strait of Hormuz.

Regional officials said the proposed arrangement would allow ships to enter the Persian Gulf through an Iranian-controlled route and leave through a route controlled by Oman, which lies on the opposite side of the strait. The development comes amid increasingly sharp criticism of Oman from Trump.

The US president has threatened to bomb the American ally if it “gets in the way.” Oman’s foreign minister was scheduled to travel to Iran on Tuesday for another round of talks. US works on tougher sanctions Washington, meanwhile, is looking to raise the economic pressure further.

US Treasury Secretary Scott Bessent said on Monday that the administration would announce sanctions stronger than those already imposed, including secondary sanctions against countries that continue to do business with Iran. “President Trump decimated Iran’s economy to a point where the rial has never been weaker and inflation has rarely been higher,” Bessent wrote in an opinion piece in the Financial Times on Sunday.

“The regime’s final refuge now lies in the self-deception of fearful nations that still believe accommodating aggression can secure a durable peace.” The pressure has already begun to affect Iran’s trading relationships. The United Arab Emirates announced last week that it was suspending all trade with Iran, a day after Trump spoke to UAE leader Sheikh Mohammed bin Zayed Al Nahyan.

The UAE has long been one of Iran’s biggest trading partners and its largest source of imports. It has also been an important re-export and financial hub for Iranian businesses. Iran has warned countries against backing the new US measures. Mohsen Rezaei, the hard-line leader of Iran’s Supreme National Security Council, said in a post on X that support by any country for the new American economic measures would be regarded as an “act of war.

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Six months into a war that began on 28 February 2026, with strikes that killed Iran’s supreme leader, Washington has stopped choosing between diplomacy, economic siege, and military force. It runs all three at once. The Trump administration frames this as a sequential strategy.

It is not. Diplomacy has collapsed twice. The naval blockade has hardened into policy. American warplanes have struck Iranian territory as recently as May. Tehran still refuses to move a single tanker through the Strait of Hormuz on Washington’s terms.

This is not a menu of options. It is a stalemate with a body count. To understand why Tehran will not bend, look past this month’s headlines. Look to August 1953. The Ghost of Operation Ajax Iran’s distrust of American promises did not begin with the Islamic Republic.

It began with a coup. In 1953, CIA operative Kermit Roosevelt Jr.—grandson of Theodore Roosevelt—orchestrated the overthrow of Prime Minister Mohammad Mossadegh after Mossadegh nationalized the Anglo-Iranian Oil Company. Roosevelt’s team spent CIA cash to buy street mobs, bribe newspaper editors, and manufacture the appearance of popular revolt.

Mossadegh fled his residence in his pajamas. He surrendered a day later. President Eisenhower was delighted by the outcome and asked for a personal briefing on the operation. He praised Roosevelt’s diligence in his private diary, though he never admitted American involvement in public.

The restored Shah understood exactly what had happened. He reportedly credited Roosevelt directly: “We were all heroes.” Iranians understood it too, and they did not forget. When the monarchy finally collapsed in 1979, memory of 1953 fed directly into the revolution’s anti-American character.

This is not ancient history to Tehran’s current leadership. It is the founding trauma that shapes how the Islamic Republic reads every American ultimatum today: as Operation Ajax with better technology. Khomeini’s Doctrine Still Runs the Playbook The second inheritance is ideological.

Ayatollah Ruhollah Khomeini did not see Iran’s 1979 revolution as a national event. He saw it as a template. He argued Iran must actively export its revolution rather than hope other nations copy it, because Islam recognizes no border between Muslim countries and casts itself as the champion of all oppressed people.

That doctrine produced the regional network Washington now fights indirectly: militias in Lebanon, Iraq, Yemen, and Gaza, all describing themselves in the language of resistance against Western and Israeli power. It also produced a domestic political culture built around endurance rather than compromise—what Iranian officials have long called the “resistance economy.

” Current IRGC messaging echoes this almost word for word. Commanders have long argued that sanctions place Washington in a strategic dead end, because the enemy loses whether or not the pressure continues. The current showdown is the ideological terrain Washington’s three tracks now move across.

READ: Iran warns ships in Strait of Hormuz of fines, detention and confiscation Track One: Diplomacy, Twice Collapsed The interim Memorandum of Understanding, signed in June, gave both sides sixty days to reach a final deal on Iran’s nuclear program and sanctions relief.

It was already the second attempt at a ceasefire; the first, reached in April after Trump warned that “a whole civilization will die tonight,” had unraveled within weeks over disputes about Hormuz shipping routes. The June MOU fared no better. Iran began targeting vessels it said bypassed its approved corridor.

Washington answered with intensified strikes. That deadline expired on 17 August with no deal, no extension, and Trump publicly rejecting further negotiation. Backchannel efforts continue through Oman and Qatar. None have produced a public breakthrough.

Diplomacy is not paused. It is dead until one side changes its core demand. Track Two: The Siege Tightens Economic pressure is no longer a threat. It is the active center of American strategy. Trump has promised what he calls “the most crushing economic operation ever taken against any country,” warning that any nation helping Iran evade sanctions will face severe financial penalties of its own.

Treasury Secretary Scott Bessent has pledged measures “never been seen” applied against Iran before. The blockade is already biting: Strait of Hormuz traffic sits at roughly twenty percent of its prewar average, according to UK maritime tracking data cited by CNN.

American drivers are paying nearly a dollar more per gallon than a year ago. Iran is not absorbing this quietly. A close ally of Iran’s supreme leader responded to the new sanctions push by insisting Tehran “will not submit.” Track Three: The War Washington Won’t Call a War Here is the framing error worth correcting before this piece runs: military conflict is not a future option Washington might choose after the November elections.

It has already happened repeatedly. Israeli and American strikes killed Iran’s supreme leader and senior commanders on the war’s opening day. The US struck Iranian military sites again in May, after Iranian forces targeted American warships during the blockade.

Iran has fired missiles and drones at neighboring states hosting US bases. Trump has floated redrawing the map itself, telling a New York rally he would soon declare the Strait of Hormuz “land belonging to the United States.” None of this reads like restraint ahead of an election.

It reads like a war that periodically pauses for negotiation rather than a negotiation periodically interrupted by war. Conclusion: A Siege With No Exit Ramp Trump’s original bet—that economic pain would force Tehran back to the table on American terms—assumed Iran could be starved into surrender without further fighting.

Six months of evidence suggests otherwise. Every round of pressure has produced a retaliatory strike, a closed shipping lane, or a defiant statement from Tehran, not capitulation. The three tracks are not alternatives to war. They are war, conducted through different instruments simultaneously.

Until one side abandons its core demand—Washington on sanctions relief, Tehran on control of Hormuz—the siege will not end the fighting. It will keep feeding it. OPINION: Iraq is negotiating away its militias’ guns. It is not negotiating away their impunity.

The views expressed in this article belong to the author and do not necessarily reflect the editorial policy of Middle East Monitor.

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