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Trump has privately admitted defeat and told senior aides he is willing to end…

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Original report: The Hormuz LetterEditorial policy

The Hormuz Letter

BREAKING: Trump has privately admitted defeat and told senior aides he is willing to end the Iran war without a nuclear deal if Iran fully reopens the Strait of Hormuz, a retreat from his initial "unconditional surrender" demand, per WSJ. Trump has been laying the groundwork to declare victory based solely on Hormuz reopening, walking away from his initial promises to "decimate" Iran's nuclear program. However, Iran has raised its price for reopening the Strait in the form of new demands, effectively turning what Trump hoped would be his exit into a full US surrender document. Those demands include $300 billion in compensation, the release of up to $100 billion in frozen assets, lifting all sanctions, US troop withdrawal from the entire region, an end to the naval blockade, and accepting transit fees on every ship. US officials say Trump is desperately searching for an exit, with the only viable option being the Strait of Hormuz. Iran, however, has made even that impossible unless Trump surrenders to all of the demands.

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