According to The Wall Street Journal, Donald Trump reviewed military options for a full-scale war against Iran to “finish the job,” but has decided, for now, not to move forward.
The report says Trump is concerned that renewed military conflict could hurt the chances of a diplomatic resolution and of dismantling Iran’s nuclear program, and that he’s shown willingness to let indirect talks in Qatar run past the August 18 deadline. He is said to be fine with continuing limited strikes on Iranian targets if Tehran violates the current temporary deal - as it already has, repeatedly.
How are those negotiations going?
Not well. It seems JD Vance’s “historic” face-to-face achievement was a one-off. Washington has been quietly downgraded from talking to the Great Satan to negotiating with the Little Satan instead - a senior Qatari official confirmed that U.S. envoys Steve Witkoff and Jared Kushner met Qatari officials in Doha, but there are currently no high-level U.S.-Iran meetings scheduled.
Faced with Iran publicly denying that peace talks even exist, Vance is denying reality right back, insisting it’s merely a “Persian negotiating tactic.” He’s not wrong that rejectionism is a tactic - he’s just wrong about what it’s negotiating for. Iran’s Foreign Ministry spokesman, Esmail Baghaei, confirmed the delegation will skip U.S. officials entirely, meeting only the Qataris in Doha to talk about unfreezing Iran’s own assets. The tactic isn’t stalling for a better peace. It’s stalling for a better payment: extract the MoU concessions first, discuss the nuclear file never.
Iranian officials have shown no willingness to meet U.S. nuclear demands, focusing instead on asserting control over the Strait of Hormuz. Iran says it will impose its “sovereignty and new policy” there regardless of whether it reaches an agreement with Oman, calling the strait a purely internal matter. Reports differ on the nature of the proposed transit fees - Iran calls them mandatory, a regional diplomat calls them voluntary, and Oman’s foreign minister rejects fees outright but leaves room for “maritime service” mechanisms such as safety and pollution measures. Regardless of that distinction, Iran seems set on asserting authority over the waterway: it has already indicated that ships paying “security fees” and following IRGC protocols would get priority transit, while others face delays.
Iran will not make a deal the U.S. can accept. That’s the reality. The only question left is how many more “historic” handshakes, Doha detours, and denied peace talks it takes before that reality mugs Vance the way it mugged the godfather of neoconservatism, Irving Kristol, famously defined a conservative as “a liberal who has been mugged by reality.”
(Amit Segal)
🇺🇸🇮🇷⚡️- “U.S. Central Command (CENTCOM) completed another round of strikes against Iran at 9 p.m. ET, July 20.
U.S. forces struck Iranian military command centers, maritime capabilities, missile and drone launch sites, and air defense systems to degrade Iran's ability to continue attacking commercial vessels flowing through the Strait of Hormuz.
Commercial vessel transits through the vital international maritime corridor continue. Since early May, CENTCOM forces have helped facilitate the transit of approximately 900 commercial vessels and 450 million barrels of crude oil.
American forces remain postured and prepared to hold Iran accountable for unwarranted aggression toward civilian mariners seeking to freely and openly transit the strait.” - U.S. Central Command.
“This is insane!” — A new vaccine is on the market called VAXELIS lt has 6 VACCINES in ONE SHOT for 6-WEEK-OLD BABIES...6 Infants Died In Trials.
How can this be allowed to happen ?
Dr. Jeff Barke
Mike
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🌆 Market News Digest
[2026-07-19 17:00–2026-07-20 16:30 EST]
🔥 Top Stories
• U.S.-Iran conflict escalates — fresh U.S. strikes, Iranian retaliation, and talks/ceasefire chatter keep markets on edge
• Oil surges on Hormuz risk — Brent topped $90 intraday, WTI near $83, with tanker incidents and Saudi/Hormuz shipping threats
• Trump escalates pressure on Iran — says Iran will “pay” for U.S. deaths; U.S. adds aircraft and signals next campaign phase
• Canada CPI cools — headline CPI eased to 2.8% y/y, supporting easier BoC path and denting CAD
• UK government reset — Starmer resigned; Burnham took over with a reshuffled cabinet, pledging fiscal rules but more flexibility
⛽ Oil & Energy
• Tankers hit / shipping disrupted — fires, explosions and drone threats in Strait of Hormuz, Bahrain, Kuwait and off Oman
• Chevron shuts Petronius output — Gulf platform shut-in as storm risk adds to energy supply worries
• CPC oil loadings suspended — attacks on tankers halt Kazakhstan ...
⛽️ While the price of crude oil is still below the prices seen during the peak of the 3rd Gulf War fighting, diesel prices on the other hand are surging and surpassed their peak in May.
Diesel is the most important fuel for the global economy, widely used in agriculture to fuel tractors and combine-harvesters.
@CIG_telegram