Trump says he may hold off striking Iran. The Pentagon is tightening the blockade. Tehran still wants sanctions lifted and frozen money released.

The United States and Israel launched their war against Iran on February 28. The conflict spread across the region, disrupted shipping through the Strait of Hormuz and brought a US naval blockade of Iranian ports. Tehran has demanded sanctions relief, release of frozen assets and war reparations in exchange for concessions on shipping and its nuclear program.

On November 5, Iran sent Washington a nuclear proposal through Qatar, but said negotiations depended on the US meeting its demands first. The next day, Washington’s military revealed plans to extend the pressure beyond the sea, restricting Iranian weapons and sanctioned goods moving over land and through the Caspian Sea. Now Trump says he is highly unlikely to order new strikes if negotiations make progress. He still says the US has identified 38 bridges and other infrastructure targets. Secretary of State Marco Rubio says a breakthrough is not close. So Washington is building a wider economic chokehold while Trump publicly leaves the door open to a deal. That’s not exactly a peace agreement.

https://www.reuters.com/world/middle-east/iran-suggests-blasts-are-not-us-attacks-both-sides-report-ships-hit-2026-11-08/

https://www.investing.com/news/commodities-news/iran-sent-nuclear-proposal-to-the-us-via-qatar-senior-iranian-official-tells-reuters-5006492

https://www.investing.com/news/world-news/exclusiveexpanding-on-naval-blockade-us-military-looks-to-restrict-iranian-land-commerce-5009890

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