President Donald Trump is setting the stage for an off-ramp from the Iran war, dispatching Vice President JD Vance to deliver an ultimatum to Tehran to make a deal or face attacks on key infrastructure.
Trump is scheduled to deliver a rare primetime address on Wednesday night as the Strait of Hormuz remains largely closed, with markets in turmoil and economic growth threatened worldwide.
Hours ahead of that expected speech, Iranian President Masoud Pezeshkiantook the unusual step of issuing a letter addressed to Americans, arguing that his country has no enmity with the US and has acted in self-defense. ...