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Opinion: Trump urgently needs to step back to address the midterm elections; the US and Iran may reach an agreement on core demands.
Mars Finance reports that on April 12, CITIC Securities published an analysis regarding the US-Iran negotiations, stating that from the core demands of the US side, if Iran can give up uranium enrichment, it will become the most significant military achievement for the US and the greatest “accomplishment” Trump can use to appease the domestic audience.
This round of conflict has already had a substantial negative impact on Trump’s midterm elections, and he needs to extricate himself early.
Since the Iranian Islamic Revolution, the United States has lost control over Iran’s nuclear capabilities; past US presidents over the past few decades have failed to resolve this issue, severely affecting America’s Middle East strategy.
Compared to the huge political propaganda value of Iran’s “nuclear abandonment achievement,” the indirect link between oil prices and inflation may have less impact on elections, so the Trump administration might be willing to compromise on issues like control of the Strait of Hormuz.
From Iran’s core demands, this war has proven that blockades of the strait and threats to Middle Eastern infrastructure are extremely important bargaining chips, even more destructive and flexible than nuclear threats.
Compared to the extremely costly and difficult-to-control scale of nuclear weapons, blocking the strait and attacking infrastructure only require low-cost drones to cause significant impacts on the US and global economy, thus forming Iran’s counterbalance tools against the US.
Both the US and Iran have repeatedly stopped short at red lines that could lead to large-scale infrastructure destruction, which also indicates that the probability of extreme war escalation is not high, and the chances of extreme oil prices, severe recession, or stagflation are decreasing.