What is even the point of all the flip flopping if there’s ongoing talks? I feel like the doesn’t put any real pressure on Iran, but I may be uninformed.
Trump is cornered. There is no “winning” this for him. Expect Iran to get some major concessions that Trump will talk up as win.
There are no talks or anything. Iran has no incentive to negotiate with a party as unreliable as the US is under Trump. I would literally negotiate with a dead opossum before I would continue to negotiate with Witkoff and Kushner.
I mean, as much as I don’t like the Iranian government, put yourselves in their position. You have the US and Israel literally leveling the equivalent of Balfour or the White House and taking out other government officials in a decapitation strike that failed, but killed off all of the moderates. The government is then replaced by hardliners who see this attack as existential. You have little to lose at this point, so you go for broke.
Since the US seems unwilling to put boots on the ground, cannot form a coherent reason for any of this and is lead by a man who is unable to accept that he can commit errors, it degrades into a war of attrition and, in the case of Trump, influence peddling since it is clear that Israel and the Saudis would like to see Iran wiped off the map and all Trump cares about is how he can internalize it as yet another reason why he is a victim and entitled to the Nobel Peace Prize.
IMHO, I think there is tremendous pressure to, at the very least restore the Strait of Hormuz as an international waterway not subject to Iranian control or tolling, but that’s an after-the-fact thing. I think Trump simply thought it would be an easy win and play well on TV. I suspect what will happen is the US pays a massive indemnity/bribe to Iran, Iran agrees to not contest control of the Strait of Hormuz and the US looks like morons which Trump will internalize as a win that nobody will believe except himself.
I am guessing that the Oman's share Homruz fees will also shared with Trump businesses (via loss making investments, or another plane etc)
All he does is flip flop. Was the same with tariffs against everyone last year - he kept backing off at the last moment.
There are no talks.
Market manipulation.
Although, it seems like the markets have started to get a sense of this as well and are not so swaying.