Oil pressure and economic strain drive Iran-US talks More than six weeks after Iran disrupted shipping through the Strait of Hormuz and the United States moved to enforce a naval blockade, the confrontation increasingly appears to be entering a new phase: negotiations driven by exhaustion. What began as a military and geopolitical standoff has evolved into a contest over economic endurance, one that neither Iran nor the global economy appears capable of sustaining indefinitely. After weeks of escalation, diplomacy has regained momentum. Talks involving Tehran, Washington and regional mediators have intensified, while US President Donald Trump has repeatedly suggested a…
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