Trump says Iran talks move 'at half speed' as inflation hits 88% and US tightens blockade
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President Donald Trump said U.S.-Iran negotiations are proceeding 'at half speed' and Washington is adopting a wait-and-see approach. The U.S. Navy has deployed over 20 additional warships to the Middle East to enforce a blockade, while Iran's annual inflation reached 88% in July. Iran denies direct talks, saying only messages are exchanged through intermediaries.
Trump's Wait-and-See Approach
In an interview with Axios, Trump stated the U.S. is merely observing Iran, citing the country's 88% annual inflation and lack of funds. He emphasized that the naval blockade is compounding the crisis for the regime. 'Our consumers are feeling less and less the effects of the war. It will all settle down, it's already settling. It's like a game of chess,' Trump said.
U.S. Naval Buildup
U.S. Central Command announced the deployment of over 20 additional warships to the Middle East to support military missions, including enforcing the blockade against Iran. To date, U.S. forces in the region have deployed 55 commercial vessels, disabled two, and detained two more, according to CENTCOM.
Iran's Denial and Conditions
Iranian Foreign Minister Abbas Araghchi denied any direct negotiations with the U.S., stating exchanges occur only through intermediaries. He added that talks with Oman on the Strait of Hormuz are in final stages to establish new safe shipping routes, but only after the U.S. meets conditions: guarantees of non-attack, compensation for bombing damage, and lifting of sanctions and the naval blockade.
What's Next
Oman-brokered negotiations on safe maritime routes are nearing a final document, but implementation depends on U.S. compliance with Iran's preconditions. It remains unclear whether Washington will ease its blockade or sanctions, as Trump insists on waiting for Tehran's economic collapse.
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Trump says Iran talks move 'at half speed' as inflation hits 88% and US tightens blockade
