US–Iran Deal Near Collapse? War Threat, Bank Crash, Street Anger

On the eve of Geneva talks, Abbas Araghchi said a deal with the US was “within reach.” He urged diplomacy first and clearly stated Iran would never build nuclear weapons under any situation.

The Thursday meeting in Geneva was the 3rd round of indirect talks between Iran and the US, mediated by Oman. Araghchi faced Steve Witkoff and Jared Kushner, as Oman pushed both sides to finalize the deal.

After earlier talks, President Trump warned Tehran it had only 10 to 15 days to reach a “meaningful deal.” He openly threatened military action while increasing US forces near Iran.

The USS Gerald R. Ford, America’s largest carrier, docked in Crete on its way to the Middle East, boosting military presence. At the same time, Iran’s Revolutionary Guard held war drills, claiming they built a “strong fortress.”

From Tehran, Tohid Asadi reported people felt fear of war due to US build-up but still hoped for diplomacy. Large December protests began over economic hardship, and university unrest has continued in recent days.

The United States admitted causing a severe US dollar shortage in Iran, creating deep economic damage. One of Iran’s largest banks collapsed, fueling December protests and ongoing public anger across cities and universities.




