Iran calls Trump’s bluff as White House threats and sanctions raise global shipping risk, with Gulf routes and oil markets pricing the danger today. Right, so Donald Trump is trying to muscle a “deal” out of Iran by treating talks like a threat, and Iran has just made that approach look ridiculous in public. Because Iran’s foreign minister Abbas Araghchi is saying enrichment stays, missiles aren’t on the table, allies aren’t on the table, and if war gets imposed they’ll take it. So whatever you’ve been told this is, it isn’t some polite reset. It’s Washington trying to turn negotiation into surrender terms, with Benjamin Netanyahu turning up in the background to push even harder demands, as if the United States is there to run Israel’s wishlist. But here’s the part that really matters: Trump has talked himself into a corner. If he backs off, he’s ...