Trump Considers Resuming Iran Military Action as Tehran Offers Nuclear Talks Terms; War Costs Hit $29 Billion

According to BlockBeats, on May 13, Trump is considering resuming military action against Iran while Tehran opens nuclear negotiations with conditions including unfreezing assets and recognizing sovereignty over the Strait of Hormuz. The U.S. Defense Department estimates the ongoing Iran conflict has cost approximately $29 billion, with potential for further increases. Tensions remain unresolved as both sides’ demands diverge.

Prediction market Polymarket shows only 2% probability of a permanent U.S.-Iran peace agreement by May 15, rising to 17% by May 31 and 35% by June 30. Iran maintains operational capability at 30 of 33 missile positions along the Strait of Hormuz, according to latest assessments.