Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Stay on top of the latest market trends

Subscribe to Axios Markets for the latest market trends and economic insights. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Denver news?

Get a daily digest of the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Des Moines news?

Get a daily digest of the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Trump on Thursday at the White House. Photo: Nicholas Kamm/AFP/Getty Images

An American warship "destroyed" an Iranian drone operating in the Strait of Hormuz, President Trump announced Thursday.

Why it matters: When Iran downed a U.S. drone last month, it very nearly led to a military conflict. Thursday's move came hours after news that Iran had seized a foreign oil tanker in the Strait of Hormuz — the latest in a string of incidents in or near the narrow waterway through which one-fifth of the world's oil supply travels.

  • The Pentagon says the Iranian drone "closed within a threatening range" of the USS Boxer, which "took defensive action."
  • CNN's Barbara Starr reports that the drone was "brought down by electric warfare jamming." Trump said only that it was "immediately destroyed."

The big picture: During the current crisis, windows for diplomacy have seemed to open and then quickly close.

  • Iranian Foreign Minister Mohammad Javad Zarif told the BBC this week that Iran wouldn't let Trump "bully" his way into talks. But he also floated a deal that would allow for permanent nuclear inspections in exchange for permanent sanctions relief.
  • Brian Hook, the U.S. envoy to Iran, said at an Atlantic Council event yesterday that the U.S. is willing to talk "with no preconditions," but won't take any "concrete steps" to secure dialogue. If Iran balks at diplomacy on those terms, he said, "our sanctions will continue to intensify.”

Between the lines: Trump has showed clear interest in talks. Politico reports he gave dovish Sen. Rand Paul license to intermediate on his behalf, potentially with Zarif this week in New York. French President Emmanuel Macron seems eager to play a similar role.

“The Iranians take anyone who has a direct link to the president and who does not belong to the Bolton-Pompeo camp seriously, because they understand the president is mostly interested in dealmaking but almost no one else in this administration feels that way," says Ali Vaez, Iran director for the International Crisis Group, who has been speaking with Iranian officials.

  • Vaez says the Iranians feel strongly that the onus is on Trump to make the first concession, even if they know he won't meet their demand to unwind all U.S. sanctions.
  • He says there might be a deal to be made whereby Iran returns to compliance with the 2015 nuclear deal and the U.S. loosens its stranglehold on Iranian oil exports.

Getting there wouldn't be easy.

  • The Iranians prefer to communicate via backchannels, negotiate multilaterally and play for time (especially with the 2020 election looming). Trump favors leader-to-leader meetings, and he has little interest in slow and steady diplomacy.
  • Hook pointed to Trump's 3 meetings with North Korea's Kim Jong-un as a sign he's open to dialogue. But while sitting down with Trump was a major coup for Kim, Vaez notes, it'd be a "major liability" for any Iranian leader.

What to watch: For now, the default course is escalation.

  • "I believe the Iranians have come to the conclusion that noncompliance and pushback in the region has brought them more dividends than compliance and restraint,” Vaez says.
  • Meanwhile, Trump's advisers continue to insist that maximum pressure is working, and the task now is to further tighten the screws.

Go deeper

Updated 13 mins ago - World

U.S. sanctions Russian officials over Navalny poisoning and detention

Pro-Navalny protesters in front of the Brandenburg Gate in Berlin. Photo: Omer Messinger/Getty Images

The U.S. will sanction 7 senior Russian officials over the poisoning and jailing of opposition leader Alexey Navalny, senior administration officials told reporters on Tuesday.

Why it matters: The sanctions represent the first penalties the U.S. has imposed on Kremlin-linked officials since President Biden took office and pledged to confront Russian aggression.

Democrats to take up immigration reform next week

Biden in the Oval Office in January. Photo: Chip Somodevilla/Getty Images

The House will vote on two immigration bills next week, including one to protect undocumented immigrants who came to the U.S. as children, Majority Leader Steny Hoyer (D-Md.) said Tuesday on a call with the Democratic caucus.

Why it matters: This is likely the only realistic shot the Biden administration has at this point to pass immigration reform.

Scoop: Biden briefing calls for 20,000 child migrant beds

President Biden, during a virtual meeting with Mexican President Andrés Manuel López Obrador. Photo: Anna Moneymaker-Pool/Getty Images

A briefing scheduled for President Biden this afternoon outlines the need for 20,000 beds to shelter an expected crush of child migrants crossing the U.S.-Mexico border, Axios has learned.

Why it matters: The rapid influx of unaccompanied children is building into the administration's first new crisis. A presentation created by the Domestic Policy Council spells out the dimensions with nearly 40 slides full of charts and details.