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Analysis: The US and Iran avoid a consensual defeat and move toward a more asymmetric conflict
Washington and Tehran are moving almost as if sleepwalking toward yet another escalation in a war, despite the fact that for both sides the objective is a saving peace – the refusal to compromise fuels escalation and turns the Strait of Hormuz into the epicenter of an unstable geopolitical game
Analysis: Why Iran struck the Fujairah oil facility and is “dragging” the US & Gulf countries back into war
The strategically important oil facility in Fujairah is critical for the global energy market – The port lies outside the Persian Gulf and is connected to UAE pipelines that bypass the Strait of Hormuz
Oil prices jumped up to 5% after Iran’s claims of a strike on a US warship
Brent rally eases after U.S. officials deny incident near Strait of Hormuz
Donald Trump rejects Iran’s proposal as unacceptable
Tehran’s latest proposal had appeared more conciliatory both on the Strait of Hormuz and its nuclear program
Partial climbdown by Iran: Says “yes” to negotiations without lifting the naval blockade, puts nuclear issues and the opening of Hormuz on the table
Tehran is attempting a partial convergence with Washington and says it is ready to enter talks, conditions permitting, early next week. It is linking nuclear issues with sanctions relief. “They want a deal, but we’re not there yet,” Trump said
Iran submits new proposal to US to end the war
Tehran’s latest proposal, delivered through Pakistani mediation, comes at a moment when negotiations appear to have reached a stalemate
