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US-Iran Standoff Deepens as Both Sides Misjudge Leverage

US-Iran Standoff Deepens as Both Sides Misjudge Leverage
One side just overplayed its hand in Iran, writes Marc Champion · theprint.in

The United States and Iran are in a serious standoff involving war, oil, shipping, and nuclear talks.

Iran offered a plan, but President Donald Trump rejected it.

The plan included stopping attempts to close the Strait of Hormuz and starting nuclear discussions.

The United States says its navy has protected ships and stopped Iran from exporting oil by sea.

This has put more pressure on Iran’s already weak economy.

But Iran’s leaders believe their government’s survival is more important than easing hardship quickly.

The author says the United States may not understand how determined Iran is to keep fighting.

Both sides may be taking risks because neither knows exactly how much power the other has.

Key facts

Iranian proposal
Iran reportedly offered to stop trying to close the Strait of Hormuz within seven days and then begin nuclear talks.
US response
Donald Trump rejected the proposal, which included frontloaded US concessions such as $12 billion and other benefits, according to the article.
Shipping flows
As many as 22 million barrels of oil may have passed through Hormuz in 48 hours over the weekend.
Prewar comparison
Oil flows through the strait were described as about 20 million barrels per day before the war.
US naval role
The article says the US Navy blocked Iran’s maritime crude exports while helping reopen the waterway to non-Iranian traffic.
Iranian economic pressure
US sanctions and tighter Gulf enforcement of sanctions-evasion channels have worsened pressure on Iran’s economy.
Diplomacy
Qatar was reportedly continuing shuttle diplomacy, leaving open the possibility of a future agreement.

Sources

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