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US prepares for long conflict with Iran, Waltz says

Published

US ambassador to the UN Mike Waltz said Washington could still be in a stalemate with Iran a year from now. He said the US Navy can keep its blockade of Iranian ports in place for the foreseeable future.

Waltz said a stalemate could last if there is no deal on Iran's nuclear programme and no return to prewar shipping through the Strait of Hormuz. He said the administration is tightening its economic pressure on Tehran.

Waltz also said the US will not have met its strategic goals until it disposes of Iran's highly enriched nuclear material. He said the US also wants a meaningful agreement on domestic enrichment.

US Central Command said the reinstated blockade of Iranian ports has run for 100 days. It said the blockade has prevented $25 billion in Iranian crude oil exports. At the last US update, on 17 October, it had redirected 138 ships.

The Trump administration hopes bombing campaigns and sanctions will force major concessions from Iran. Reports said Trump and Israeli Prime Minister Benjamin Netanyahu renewed threats of a fresh offensive after the 3 November midterms.

Key facts

Who
Donald Trump (US president); Mike Waltz (US Ambassador (envoy)); Trump administration (US government); Benjamin Netanyahu (Israeli prime minister)
What
Donald Trump's UN ambassador said the US is preparing for a protracted conflict with Iran, even as the White House hopes bombing campaigns and sanctions will force concessions from Tehran.
When
23 October 2026
Where
Iran, Strait of Hormuz, United States
Status
Reported

Elections Hot

What you need to know

Voting in the 2026 Local Government Elections is under way at 23,696 stations, and the Electoral Commission of South Africa (IEC) reported a smooth start on 4 November. Stations opened at 7am and close at 9pm, and by 10am preliminary figures showed 3,523,691 voters had cast ballots.

There were problems: unused ballot papers were stolen from Mnyameni Secondary School near Durban, police opened a case, and the IEC relieved the station staff of duty. Some voters in Tshwane said they were turned away for wearing party shirts, but the IEC denied this and said only mayoral candidates' entourages were barred.

ANC chairperson Gwede Mantashe told members not to query the results or discredit the IEC, while the IEC said false online claims show routine procedures as fraud.

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US mid-terms Heating up

What you need to know

Democrats won back both the US House and Senate in the midterm elections held on 3 November, according to media projections. Exit polls showed voters were angry about high prices and the direction of the country, and rebuked President Donald Trump.

Before the vote, US forces struck targets on Qeshm Island in Iran, while Republicans struggled to defend the war against Iran on the campaign trail. Iranian officials said US voters rejected the war, and Tehran stayed on high alert for possible new US strikes.

Markets reacted, with the dollar hitting a one-month low and the rand firming to around R16.55, as analysts pointed to fears of gridlock in Washington.

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AI Cooling

What you need to know

Nvidia has told its cloud computing clients to sell at least 51% of their services to non-Chinese companies, according to five people with knowledge of the matter. Anthropic said it has committed to spend close to $900bn on AI infrastructure, and that its computing costs are rising faster than its revenues.

Elsewhere, reports from unnamed sources say OpenAI's latest funding round is falling short of expectations, and a judge let the NAACP pollution case against xAI proceed. In South Africa, the VAST AI investment scheme went offline on 30 October after withdrawals marked approved did not arrive, according to a news investigation.

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