Trump is rejecting a return to the June U.S.-Iran preliminary deal and is instead betting that tighter economic pressure will force Tehran to make concessions.

INTELLIGENCE SUMMARY

Trump is rejecting a return to the June U.S.-Iran preliminary deal and is instead betting that tighter economic pressure will force Tehran to make concessions. Iran insists any reopening of the Strait of Hormuz must follow the June framework, including sanctions relief and limits on U.S. pressure. Pakistan, Oman, and Qatar have tried to mediate, but talks have made little progress. Source: WSJ