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strikeJul 23, 2026
Trump faces a Catch-22 on Iran because of midterms, says his former commerce secretary: Face inflation furor, or withdraw and look weak | Fortune
Summary
The U.S.-Iran war is not going fantastically well for either side. President Trump has been unable to conduct the negotiations he had hoped for and reach a final deal over the Strait of Hormuz. And Iran’s military infrastructure—and a great deal of its economic infrastructure—have been reduced to rubble.
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- Eleanor PringleBy Eleanor Pringle
The U.S.-Iran war is not going fantastically well for either side. President Trump has been unable to conduct the negotiations he had hoped for and reach a final deal over the Strait of Hormuz. And Iran’s military infrastructure—and a great deal of its economic infrastructure—hav…
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