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strikeAug 11, 2026

Trump’s Iran Negotiations: Less Art of the Deal, More Art of Concealing Defeat | Council on Foreign Relations

Summary

Trump’s Iran Negotiations Trade the Art of the Deal for the Art of Concealing Defeat Trump’s desire to end the confrontation with Iran quickly, so oil flows and prices drop, has left him with no real bargaining position.

Source: CurrentsAPI — Read the full report

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  • CurrentsAPI

    Trump’s Iran Negotiations Trade the Art of the Deal for the Art of Concealing Defeat Trump’s desire to end the confrontation with Iran quickly, so oil flows and prices drop, has left him with no real bargaining position. That has emboldened Iran to demand a deal that would let it…

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Iranian media and the Revolutionary Guards Navy reported explosions in several parts of southern Iran, including Qeshm Island, on Saturday evening. These outlets stated that two oil tankers caught fire in the Strait of Hormuz after reportedly hitting mines.

The incidents occurred amid a US blockade of the waterway, which intensified tensions and fears of renewed American strikes.

Location: Strait of Hormuz