r/moderatepolitics • u/Agitated_Pudding7259 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.

349 Upvotes

92% Upvoted

233 comments sorted by

View all comments

Show parent comments

12

u/julius_sphincter 1d ago

Luckily we just purchased our tickets to Europe on Saturday. A trip we REALLY shouldn't go on but it's my wife's best friends wedding and we're part of it so... at least we got them before they doubled again

8

u/Reasonable-Fee1945 1d ago

I bought some to Italy through delta about 2-3 weeks ago, it honestly wasn't too bad. About 150 more than before. Not sure why it wasn't hitting that particular route/carrier as much

6

u/julius_sphincter 23h ago

Oh weird because that's actually where we're flying. Tickets had gone from around $1500 for the pair of us to hovering around $1500/ea.

Saturday we found a deal plus using points that from a value POV landed us right about in the middle of that

3

u/Reasonable-Fee1945 22h ago

Yikes. Mine went from around 1000-1100 to around 1300 or so. points are where it's at.