r/moderatepolitics Federal worker fired without due process 1d ago

News Article Iran stops negotiations with U.S., vows to 'completely' block Strait of Hormuz: State media

https://www.cnbc.com/2026/06/01/iran-us-negotiations-strait-of-hormuz.html

The article says Iran announced Monday it will cut off all negotiations with the U.S. and move to fully close the Strait of Hormuz, citing Israeli military operations in Lebanon as ceasefire violations. Tehran also threatened to activate the Bab el-Mandeb Strait chokepoint connecting the Red Sea to the Gulf of Aden. Oil prices jumped over 7 percent on the news.

The breakdown comes just days after Trump convened a Situation Room meeting to decide on a deal but left without making a decision. Trump posted on May 23 that a peace deal was "largely negotiated" and "Final aspects and details of the Deal are currently being discussed, and will be announced shortly." Both sides launched new attacks in the following days, and Israel escalated in Lebanon with Netanyahu ordering strikes on Hezbollah-controlled Beirut suburbs. Iran's foreign minister said the ceasefire applies to all fronts including Lebanon, and violations on one front constitute violations on all.

The Strait of Hormuz has been effectively choked off since the war began on February 28, with ship traffic far below the prewar level of 100+ vessels per day. About a fifth of global oil supplies passed through the strait before the conflict. Gas prices had come down some in recent weeks on deal optimism, but that appears to be evaporating. There are also concerns Iran could impose a tolling system on ships transiting the strait.

Trump posted on Truth Social that Iran "really wants to make a deal" and told critics to "just sit back and relax, it will all work out well in the end. It always does!"

If Iran really wants to make a deal why are they walking away form negotiations? If the US is winning this war, why are we suing for peace?

The answer is because Iran's strategy is working. Our president and the "secretary of war" who was confirmed by one vote are not reliable sources of information.

They have been preparing for this war for decades and they know how to win it. Choking off a fifth of global oil supply has driven U.S. gas prices up 50%, cratered Trump's approval ratings, and Republicans are openly panicking about the midterms. They know the situation trump has created is FUBAR and they know they're cooked in november. Iran doesn't need to win on the battlefield. They just need to hold out and make the economic pain unsustainable until the administration comes to terms.

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u/HavingNuclear 1d ago

What's funny is how many people (including in the markets) acted like the war was basically over when this last round of negotiations started. This has happened how many times now? Why keep falling for it?

Donald Trump doesn't know what he's doing. He doesn't know that he's losing. And even if he figures that out, he doesn't know how to get himself out of this. He's surrounded himself with incompetence rivaling his own so there's nobody to help him. The rest of us are just stuck watching him fumble around and bearing the negative consequences of our 2024 choices.

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u/Agitated_Pudding7259 Federal worker fired without due process 1d ago edited 1d ago

They said this was close to being fixed, and now it looks worse. It makes the administration look like it either misread the situation or lied about the progress. It makes him look like someone who is incapable of managing complex agencies or projects. Everything he touches looks chaotic and disorganized.

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u/HavingNuclear 1d ago

I would bet it's both that they are consistently misreading the situation and that they're doing a lot of lying. This is the Trump administration we're talking about. Lying is a given.

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u/tarekd19 1d ago

They are likely even lying to each other which further feeds the misreading of the situation. The first term had plenty of stories of back biting and the stakes are even higher now for certain administration members looking to distinguish themselves against their competitors (Vance and Rubio mainly)

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u/november512 22h ago

My understanding is that we're not even really negotiating. Pakistan is negotiating and Witkoff is there to bring news back to Trump but we don't have actual people that speak Iranian and understand the situation doing work.

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u/lostroadrunner22 1d ago

I would they both lied and misread the situation, trump really thought this would be a cakewalk and now he lies and lies about the situation at hand.

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u/gayfrogs4alexjones 1d ago

What's funny is how many people (including in the markets) acted like the war was basically over when this last round of negotiations started. This has happened how many times now? Why keep falling for it?

it's because the line wants to go up and any little excuse will cause the market to pop - especially the post-covid market that has grown further and further detached from reality.

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u/SpaceTurtles Are There Any Adults In The Room? 1d ago

It awfully feels like I'm bearing the negative consequences of other peoples' 2024 choices. I don't think the term "our" factors in here exactly.