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Trump Signals Iran Deal Possible, Rejects Renewed Strikes

Photo via haaretz.com

Developing
Nov 3, 2026
United StatesIranIsrael

Trump Signals Iran Deal Possible, Rejects Renewed Strikes

Days before midterms, Trump says 'no' to fresh military operations and backs Qatar-mediated talks, even as Netanyahu privately presses for resumed attacks.

What happened

US President Donald Trump said on Monday he would not resume military strikes on Iran after Tuesday's midterm elections, marking a reversal from weeks of hints about renewed operations. When asked directly if he was considering striking Iran after the midterms, Trump replied "no." He added that Iran wants to make a deal and such an agreement "could happen," though he stressed the US remains "not in a hurry" to finalize terms.

Trump said he believes negotiations are progressing, though he questioned Iran's reliability, citing past instances when Tehran backed away from agreed terms. Iranian negotiators were in Doha over the weekend for a third consecutive day of talks mediated by Qatar aimed at reviving a framework to end the war that began with US-Israeli strikes on February 28. Trump's restraint is being tested by Israeli Prime Minister Benjamin Netanyahu, who is privately pushing for another wave of strikes to commence immediately after Tuesday's elections.

According to US officials, Netanyahu pressed Trump in a weekend call to resume major military operations, but Trump told him he prefers to let diplomacy continue. Netanyahu faces difficult coalition negotiations after losing his parliamentary majority in Israeli elections on October 27, in which his bloc won only 53 of 120 Knesset seats. A return to full-scale conflict with Iran could strengthen Netanyahu's position in forming an emergency government.

Vice President JD Vance told media the administration felt "pretty good about the prospects" of a negotiated settlement, with no deadline set for reconsidering military action.

Chanakya's Move

Whose move this was, what they're betting on, what could counter it.

Trump is deploying restraint as a political tactic: he can show voters he is ending an unpopular war (aiding Democrats facing a difficult midterm) while keeping the military option open post-election. Netanyahu, weakened by electoral losses, is trying to use Trump's war appetite to rebuild his coalition—but Trump has shown he prefers to reserve that card for after the US vote. The real test is whether Qatar's mediation can produce a framework both sides can claim as victory, or whether the pause is merely a holding pattern. If negotiations stall after Tuesday, Trump could flip back to strike threats to satisfy Netanyahu and conservative hawks without immediately executing them. Iran has signaled willingness to deal but remains skeptical of US good faith, given prior instances when Washington resumed attacks during negotiations.

How could this affect you

Traced by who's actually in the path of this — not everyone is.
Likely
Oil traders and energy consumers
If Trump delays military strikes in favor of diplomacy, uncertainty over supply disruptions could ease, potentially moderating energy prices that have been elevated by war risk. Conversely, talks could collapse and reset the strike timeline after the US election, reinstating risk.
Likely
Netanyahu and Israeli policymakers
If Trump maintains this diplomatic posture through coalition talks, Netanyahu loses the option of a war emergency to help unify fractious Israeli politics. If negotiations fail and strikes resume, it could provide political cover for a narrower coalition or push opposition figures toward emergency unity government.
Possible
US allies in the Gulf
Regional officials have warned that renewed US-Israeli strikes could trigger escalation by Iran-backed Houthis and militias, destabilizing shipping and oil infrastructure. A period of diplomatic pause could reduce this risk, though officials are skeptical it will hold.
Possible
Democratic midterm candidates
High gasoline prices from Iran war tensions have become a drag on voter approval, with polls showing Democrats leading Republicans heading into the election. A pause in escalation rhetoric could modestly ease cost-of-living concerns, though the effect is likely marginal this late in the campaign.

Sources

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