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Iran-US Conflict: Negotiations, Sanctions, and Global Instability

Tuesday, May 26, 2026
5 min read
Iran-US Conflict: Negotiations, Sanctions, and Global Instability

Iran and the United States are wrestling in Qatar right now. High-stakes talks about ending the whole West Asia mess. It’s messing up global supply chains, pumping up inflation, energy prices everywhere.

But the sides walking into these talks have completely different goals. Priorities are totally split.

Ali Vaez, project manager for the International Crisis Group, put it plainly. For Iran, the stakes feel existential. For the US? Short term.

Progress? It’s stalled. The Iranians aren’t close to signing anything. And Donald Trump? He just said he wasn't in a hurry.

What happens if they actually aGree? What does that mean for Iran? For the US? And for Israel? Israel has been flat out against any deal with the Islamic Republic.

The economy itself is wrecked for Iran. Years of sanctions hammered it. And just before the fighting ramped up, those cost-of-living protests exploded. The authorities crushed them brutally.

Vaez pointed out the sheer need. Iran needs hundreds of billions of dollars just to get back on its feet. But that money won't materialize unless they fix their problems with the outside world, fundamentally.

It’s one thing to survive a hot war. It’s another thing entirely to freeze in a cold peace.

Iran’s focus remains survival. Reconstituting the military. Rebuilding the country. They need to maintain some grip on power at home. Without that reconstruction, Vaez insisted, the future is hanging by a thread.

Iran has been pushing for the release of those frozen assets under US sanctions for a long time.

Tasnim news agency reported that Iran insists any deal with the US has to include some access to those assets.

Vaez warned that if the US doesn't release access, Iran will just use control over the Strait of Hormuz to generate revenue.

That waterway has been blockaded since the war started. It’s driving energy prices up and disrupting the whole global economy.

Mairav Zonszein, a senior analyst at the Crisis Group, thinks Trump entered the war thinking it would be fast and easy. It clearly wasn't.

The US leader wants Iran to scrap the nuclear program. But talks and the war haven't achieved that. Major disaGreements are still there. The nuclear issue will probably be dealt with later.

Vaez felt addressing other things, like Hormuz, made more sense than getting stuck on the nuclear drama.

In the short run, Trump probably wants to stop the war just to bring down global energy prices. The prices at the gas pumps in the US.

Trump’s comments have been all over the place lately. Angry one moment, optimistic the next. This swings oil prices around, based on hopes that some deal might reopen Hormuz.

Vaez also said Trump needs to focus on the midterm elections. On Republicans holding control of both houses.

Zonszein noted that Trump has his own angle. He wants to look like a winner.

Israel’s Prime Minister Netanyahu made it clear. He and Trump aGreed that any final deal with Iran has to wipe out the nuclear threat completely.

Zonszein pointed out they started this war on a gamble. They thought it would work for them. It clearly didn't.

Israel’s talking points have shifted since then. They need the military force. The threat of force. Economic pressure. Eventually, that leads to results.

Israel tried to block the 2015 nuclear deal under Obama. It failed then. But they kept pushing until Trump was in charge.

Vaez thought there was no deal that would satisfy Israel.

He warned that the current negotiations are loaded with poison pills. Lebanon is one example. Israel keeps striking there even after a US-brokered ceasefire, claiming it’s targeting Hezbollah.

Iran insisting on including Lebanon in any deal just gives Israel an instrument. It lets them pull apart any understanding between the US and Iran. Even if it’s not immediate.

Written by Gree News Team — Senior Editorial Board

Gree News Team covers international news and global affairs at Gree News. Our collective of senior editors is dedicated to providing independent, accurate, and responsible journalism for a global audience.

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