Trump is gaining surprising leverage over Iran

AI Summary

The United States under President Trump gains leverage over Iran amid a significant recent drop in oil prices. Despite military setbacks, Iran’s economic power had allowed it to threaten oil tanker traffic in the vital Strait of Hormuz, impacting global energy security and negotiations.

The massive decline in oil prices over the past few weeks has gifted the Trump administration with some unexpected leverage in its ongoing negotiations with Iran. Despite an obliterated navy and air force, Iran wielded significant economic power in the spring. It effectively closed off the Strait of Hormuz to oil tanker traffic by threatening … The post Trump is gaining surprising leverage over Iran appeared first on Egypt Independent.