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Iran talks face deadlock

Iran talks face deadlock

The article explains that negotiations over the Strait of Hormuz are deadlocked as Iran demands $24 billion in frozen assets before reopening the crucial shipping lane. Iran's approach equates to holding the strait as a bargaining chip, similar to hostage negotiations, with the United States facing options to endure economic pressure, pay the demanded amount, or attempt military control. Despite US efforts to apply economic sanctions, Iran's leadership believes they can withstand the pressure and is prepared to escalate if necessary. The situation remains stuck, with Iran's current strategy rooted in possession and leverage over the US and global economy.

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