Nobody knows what trump will do. He is appointing racist people who hate Iran, but he also has repeatedly stated that he wants to bring peace not war and his administration has already started direct talks with Iran through Elon musk and Iran's UN ambassador. Overall, it's a mixed picture but with clear evidence of a path to peace
His plan might be to attempt to stop Iranian oil sales, but then it's really up to China. If China obeys trump's orders, then Iran may capitulate and make an unfavorable deal or go nuclear. If China continues purchasing oil and supplying essential technology, Iran will resist and the current situation will continue as it is. Iran's exports to the west is already limited to supplying Persian restaurants, there's not much to lose.
Both netanyahu and Putin know that there's a risk that Trump might force them to end the conflicts. That's why they're becoming as aggressive as possible before the inauguration. We shall see who's right once Trump is actually in office. So far, Iran is going for negotiations with trump as they haven't retaliated against Israel and talked to musk