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The Kobeissi Letter
@KobeissiLetter
Official X account for The Kobeissi Letter, an industry leading commentary on the global capital markets. Email us: support@thekobeissiletter.com
Joined June 2015
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BREAKING: President Trump has been floating the idea privately to senior aides that he's willing to "walk away" from the Iran War without a nuclear deal should Iran fully reopen the Strait of Hormuz, per WSJ. Details include: 1. This objective reportedly became "more difficult" yesterday when Iran insisted on its highest price yet for reopening the Strait of Hormuz 2. Iran is now seeking billions of dollars in US payments, the removal of US troops from the region, among other things to reopen Hormuz 3. US officials said Trump is patient and expected to ride out the latest developments as long as gas prices remain where they are 4. Trump has reportedly told senior aides that Iran is likely unable to revive its nuclear work during his presidency The Iran War negotiations are becoming increasingly complicated.
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