Iran extends talks to influence US elections
Iran is avoiding reaching a final agreement with the United States before the upcoming U.S. Congress elections, aiming to weaken President Trump's political position. Iran is seeking to reopen the Strait of Hormuz under its supervision within seven days in exchange for lifting the maritime blockade and facilitating oil exports, while Washington and Israel insist on linking the Iranian nuclear issue to demands that Tehran views as an attempt to drain its field gains. The escalation in the waterway has led to a decline in global shipping activity and economic damage to Iran, with inflation reaching 73.6%, the national currency depreciating, and most maritime oil exports coming to a halt—conditions that reflect the difficulty of reaching a lasting de-escalation amid ongoing military and political tensions.
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