Trump Presses Economic Leverage as Iran Delays Talks

Trump pressed economic leverage over Iran as talks stall, with Iran ruling out direct negotiations and saying it will wait until Trump’s term ends in 2029. Tehran tied any reopening of the Strait of Hormuz to Washington accepting its conditions, while Iran demanded compensation from the United States for casualties and damages linked to the conflict. Trump signaled a shift toward low-key negotiations, relying on inflation and sanctions rather than large-scale military action, and emphasized economic pressure. The situation contributed to higher oil prices as tensions center on Hormuz, with diplomacy appearing indirect and uncertain.