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Trump pivots back to sanctions for Iran as other strategies to end his war fizzle

Trump is leaning on sanctions and economic pressure as Iran seeks a temporary shipping deal and U.S. weapons stockpiles run low.

  • On Monday, President Donald Trump said the United States is "low-keying" negotiations with Iran, describing the country as "in very bad shape" economically and "only semi-negotiating" with Tehran.
  • Supreme Leader Ayatollah Mojtaba Khamenei appointed hard-line former commander Mohsen Rezaei as leader of the Supreme National Security Council late Sunday, elevating a vocal skeptic of U.S. talks.
  • Tehran issued demands for reopening the Strait of Hormuz, including lifting all U.S. sanctions, ending the naval blockade, and halting attacks on proxy groups across Lebanon, Iraq, Yemen, and Gaza.
  • Global benchmark Brent crude traded at $83 per barrel Monday morning, down from a peak of $114 in May, as uncertainty surrounding the Strait persists amid closed shipping lanes.
  • Meanwhile, Iran-backed Houthi rebels claimed Sunday strikes against a Saudi Aramco 400,000 barrel-a-day refinery in Yemen, marking the second blaze at the complex in a month.
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The Toronto StarThe Toronto Star
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Lean Left

The Latest: Trump pivots back to sanctions for Iran as other strategies to end his war fizzle

President Donald Trump on Monday said that since Iran is seeking compensation as part of any peace talks, he’ll demand the same. It’s part of a larger pivot by Trump, who’s arguing that Iran is on the cusp of financially…

·Toronto, Canada
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Lean Left

US President Donald Trump stated that pressure on Iran will continue, and that they have "three strategies" for the Tehran regime. Claiming that the Iranian economy is in a severe crisis, Trump also said that they are keeping the option of military intervention on the table, adding, "We can hit them very hard."

·Istanbul, Türkiye
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CNN broke the news in Atlanta, United States on Monday, August 10, 2026.
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