Iran gives Trump its price to reach a deal
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What new demands has Iran set for reopening the Strait of Hormuz?
Good morning. Iran tells President Trump its price for reopening the Strait of Hormuz. The Wall Street Journal explains where things stand.
At this point in time, both sides have kind of gone back to their corners of the boxing ring and are assessing each other like how injured are they? How much are they willing to fight here?
How consumer fears of catching the Cyclospora parasite are hitting America's farms. And what to know about this week's rainbow colored meteor shower. It's Monday, August 10th. I'm Gideon Resnick Infoshimita Besu. This is Apple News Today.
Iranian officials laid out demands for reopening the Strait of Hormuz over the weekend, calling for the US to promise never to threaten Iran again, deliver compensation for war damage, and unconditionally release its frozen assets. It said it wouldn't discuss reopening the strait until the US quote corrects its behavior. Iran's foreign minister Abbas Arachi said the country was close to a deal with Oman to carve out potential shipping lanes in the waterway.
I can say we are in the final stages, and the old existing routes will be replaced with new ones. Specialists are currently working on the maps. Of course, this does not mean the opening of the Strait of Hormuz. This agreement may take place, but the opening of the Strait of Hormuz is contingent upon the fulfillment of a set of other conditions.
President Trump seemed prepared to wait, telling Axios the US was only, quote, low keying and semi negotiating with Iran, thinking that economic pressures on the country would eventually take their toll.
How could Iran’s insistence on war reparations affect U.S.–Iran negotiations?
His tone stands in sharp contrast to Treasury Secretary Scott Bessent, who last week said a deal on the strait could be days away. And on Saturday, Vice President Vance suggested there was still a way to go before the conflict would come to an end.
This thing is not over. It's obviously not at the beginning. We're we're in the middle of the game and we're applying a whole host of tools, diplomatic, economic, military tools, to ensure that we get the best outcome for the American people. I feel quite confident we will get there, but we're still a bit in the middle of the game.
Alex Ward is the Wall Street Journal's national security reporter. He told us that Iran's push for war reparations was the only new demand from the ill-fated ceasefire deal that was agreed upon back in June.
So in some ways, we're back to kind of the MOU. The Iranians are basically saying, hey, America, why don't we go back to that agreement that we made before? But there's still a bunch of issues here, including sequencing, right? Who moves first? The way the Iranians are asking for it almost seems like they're asking for it up front. That's obviously a no-go.
Some analysts say Iran wants the guarantees before committing to anything because they fear that Trump could walk away from the conflict once the waterway is secured. And the last deal fell apart after Iranians tried to reassert their control, firing on commercial tankers passing through the strait, fighting has calms, but it remains volatile, and the strait is still a dangerous place for commercial vessels. Any New Deal would need to address who really controls the waterway.
So this would require probably a lot more intense negotiations than Trump wants, because in Trump's mind this could all be done, you know, in twenty four hours.
Why might the timing of a deal on the Strait of Hormuz be more complicated than Trump expects?
But if we recall from the Obama years, it took basically two and a half years just to get that nuclear deal.
And in some ways, Ward says their current positioning makes it an even more complicated negotiation. Trump wants to wholly dismantle Iran's nuclear program, and Iran wants full control of a shipping route that much of the world depends on.
Neither side is going to get that. So where are they going to compromise? Well, right now we've got a bit of a timeline issue. The Iranians at this point assess that their threshold for pain is far higher than Trump's. And they have good reason to think that, because Trump has blinked a lot of times, right? Threatening to go big and then he hasn't, and he's got the political calendar, and his time is up in two and a half years.
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Chapters
8 chapters
1
What new demands has Iran set for reopening the Strait of Hormuz?
0:05–1:41
2
How could Iran’s insistence on war reparations affect U.S.–Iran negotiations?
1:41–3:14
3
Why might the timing of a deal on the Strait of Hormuz be more complicated than Trump expects?
3:14–4:32
4
How is the Cyclospora lettuce outbreak impacting farmers and consumer confidence?
4:32–6:28
5
What steps are producers taking with surplus romaine amid the parasite scare?
6:28–8:30
6
Why is Puerto Rico experiencing 48‑hour water shutoffs and what caused the crisis?
8:30–10:15
7
How are political disputes and aging infrastructure worsening Puerto Rico’s water woes?
10:15–12:07
8
When and where can listeners view this year’s peak Perseid meteor shower?
12:07–13:24
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