Trump declares new Iran talks his “last chance” to avoid military action, pivoting from imminent strikes after allies like Saudi Arabia and the UAE urged restraint. He insists first steps must include reopening straits, then denuclearization — calling Iran “unbelievably duplicitous” for misleading claims about Oman talks. His pattern of threats followed by de-escalation sparks criticism as erratic, though he says it’s patience, not politics, driving his moves. Gulf leaders warn of economic fallout if war escalates, while lawmakers push for tighter sanctions over military force. Global markets brace for volatility as tensions simmer ahead of midterms.

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