Trump has no interest in ‘worthless’ deal with Iran as both sides launch new strikes

# Analysis The collapse of diplomatic negotiations between the US and Iran marks a critical inflection point in Middle Eastern stability, with immediate consequences for global oil prices, regional allies, and the broader calculus of nuclear proliferation. Trump's explicit rejection of any negotiated settlement eliminates the diplomatic off-ramp that has historically prevented full-scale conflict, leaving military escalation as the primary mechanism for both powers to signal resolve. The simultaneous surge in strikes—by both American and Iranian forces—creates a dangerous momentum where each side's retaliation justifies the next attack, increasing the statistical likelihood of a miscalculation that triggers wider war. Israel, Saudi Arabia, and other US partners now face the prospect of operating in an environment where Iranian proxies act with less restraint, while Europe and other trading partners confront disruptions to shipping lanes and energy markets that could reverberate across their economies.