NYT: Trump weighs limited Iran strikes as nuclear deal talks continue. In coming days.

Summary:

• NYT reports Trump weighing limited US airstrikes on Iran in coming days

• Potential targets: IRGC, nuclear facilities, missile infrastructure

• Broader campaign, including pressure on Khamenei, possible if strikes fail

• Parallel diplomacy continues alongside military planning

• Proposal from IAEA chief Rafael Grossi could allow limited enrichment for medical fuel

• Framework would let Iran retain token enrichment while US claims nuclear rollback

President Donald Trump is reportedly considering limited airstrikes on Iran, according to a report by The New York Times, as tensions escalate over Tehran’s nuclear programme.

The potential strikes would focus on assets tied to the Islamic Revolutionary Guard Corps, nuclear facilities, and elements of Iran’s missile infrastructure. The report suggests that if such targeted action fails to significantly pressure Tehran, the administration could consider a broader strategy aimed at destabilising or removing Supreme Leader Ali Khamenei.

The military planning is unfolding alongside active diplomatic efforts. US and Iranian officials are reportedly discussing a proposal advanced by Rafael Grossi, head of the International Atomic Energy Agency. The framework would allow Iran to produce small quantities of nuclear fuel for medical purposes, effectively preserving limited uranium enrichment while placing constraints around weaponisation pathways.

Such a compromise could offer political cover for both sides: Iran would maintain a degree of sovereign nuclear capability, while Washington could argue it had curtailed Tehran’s breakout potential. The proposal reportedly contemplates tightly monitored enrichment under international oversight.

The dual-track dynamic, visible military preparation combined with diplomatic engagement, reflects the high-stakes nature of the current standoff. For the White House, calibrated strikes could be intended as leverage to force concessions at the negotiating table. For Tehran, accepting a restricted enrichment model may be viewed as preferable to risking broader military escalation.

The coming days are likely to determine whether the trajectory bends toward de-escalation through a technical compromise or toward confrontation with significant regional consequences.

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If the NYT has managed to nail the timing of the attack … Oil would likely spike on confirmed strikes or credible mobilisation, while gold and the US dollar could benefit from safe-haven flows.