US officials now anticipate President Donald Trump could resume a full bombing campaign against Iran after the November midterms, which are approximately five weeks away. This shift follows Trump's claim on Tuesday that the seven month war would end very soon and lead to falling oil prices. Iran's parliament speaker Mohammad Bagher Ghalibaf has countered these developments by warning that no country in the region will be able to sell oil if Iran is prevented from doing so.
Tuesday, October 20, 2026
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US and Iran Reach Deadlock on War Talks Raising Combat Risk
War21 days ago
Diplomatic negotiations between the United States and Iran have failed to produce a breakthrough, increasing the risk of a return to military conflict. Qatari mediators presented a two page compromise that linked the lifting of a US naval blockade of Iranian ports to nuclear concessions, but Iran refuses to discuss such steps until Washington returns to a June memorandum of understanding. A source familiar with the discussions told Axios the process is stuck because the US believes it is winning the conflict and sees no reason to compromise on Iranian demands.
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