Unless you're an brain-wormed partisan, "Iran is an evil regime," "this preventive war was stupid and should never have been launched," and "this peace deal is a US humiliation" are three perfectly true things you should be able to believe at the same time.
Every Republican defending this MOU knows that if a Democrat had signed a document like this, they'd be blasting them to kingdom come. It's actually worse than the JCPOA. Iran made out like bandits. And now they know they can bring us to our knees with a few mines.
The most common critique to my view that Beijing played a fundamental role in stabilizing the oil market says Chinaās oil imports simply fell along with imports by every other country in Asia because Hormuz was closed. I disagree. The critique appears to be based on import data up to April, which misses the huge recovery in Asia ex-China oil imports in May (and accelerating in June-to-date data). One example: after a large drop in March and April, India's crude imports in May 2026 were HIGHER than in May 2025.
Yes, initially oil imports everywhere in Asia ā including China - fell, but most countries actively sought to replace SoH barrels, reversing the trend (May, June-to-date). China, for whatever reason, decided not to bid up the market to replace the barrels it lost at all. Actually, Beijing did the opposite: it re-sold large amounts of West Africa and Latam barrels it had procured in Mar and early Apr, rather than importing them itself in May and Jun. Below is my chart/analysis based on Vortexa data. Iām not saying that China was benevolent; we donāt know the reasons why Beijing did what it did, and many of the potential explanations are far from benevolent. But the data clearly shows that from mid-April onward, China played a big role in stabilizing the global oil market.
(Note that if rather than using actual June 1-15 arrivals, I had used the estimate for the full month, based on tanker arrivals expectations, Chinese import volume would be even lower, and Asia ex-China would be higher at >14m b/d. I preferred to use the most conservative -- and negative to my own view -- data available).
Reagan is rolling over in his grave. Iranās nuclear ambitions were not curbed, and they have learned that threatening the Strait of Hormuz works and will undoubtedly leverage it in the future. Now, Iran gets to build brand-new infrastructure under this deal.
Before the war, the strait was open, Iran was being crushed by sanctions, and 13 service members were still alive. Now, 13 Americans are dead, families have paid billions at the pump, sanctions will be lifted, and the bombing has stopped. This is the worst foreign policy blunder in decades.
No shit sherlock! Thats why everyone was saying you have to have 3 carrier groups in the region and ready to land troops on bandar abbas before starting..... WTF
Trump on Iranian missiles:
āWeāll be working with Gulf nations on parallel talks covering non-nuclear issues, including ballistic missiles and regional support networks.
Iran will have missiles. Other countries in the region have them too. You canāt allow one country to have missiles while denying them to another.
Missiles are not the main issue. They can strike targets, but they donāt threaten the world the way nuclear weapons do.ā
Trump on Iran/Ballistic Missiles: They have to have some. Some of these guys, I don't think they are smart. "Sir, you should let them have any missiles." What am I going to do, let Saudi Arabia have missiles but they can't have them? Missiles arenāt the problem. Missiles, they hurt a little location, but they don't blow up the planet.
I rooted for Saudi Arabia for decades, especially for Vision 2030 and plan to copy the Dubai model and normalize ties with Israel. But starting a year ago, Saudi reversed course. I canāt tell why. Only explanation is that 2030 failed and economy faces headwinds, therefore Saudi reverted to anti-Israel populism.
As I warned before⤵ļø, "the oil is the money."
Ignore the Qatari frozen funds, the UAE bank accounts, and focus on the oil waivers. That's how Tehran would make the money, even more so if it can repatriate the funds. From WSJ: https://t.co/fYPQglJ21J
Laura Secorās @TheAtlantic essay on the betrayal of the Iranian people:
āWar has instead done what it usually does: empowered the powerful, rallied the faithful, and allowed an apparatus of repression to present its imperatives in terms of national security. Trump, of course, is as indifferent to the fate of Iranās civilians as he is ignorant of their circumstances. But there is still one gesture he could make, in service not of the Iranian political opposition per se but of the forgotten cause of human decency, toward a population protected neither by its own regime nor by anyone else. The next time he shoots for the deal of the century, he could add to his list of pie-in-the-sky demands a few that would cost him and the Islamic Republic next to nothing: the release of those arbitrarily detained, an end to political executions, and a respectful burial for the dead.
https://t.co/SyPxMe5qyR
The real Trump derangement syndrome is his followers excusing everything he does that they would have been furious about had it been done by Biden or Obama. It's not mere hypocrisy, it's a cult. Iran is the latest example and one of the worst. My latest:
I want to give you guys some facts about General Chappie James. He wasnāt a āDEIā hireāhe was a complete badass that had to overcome MORE than any white pilot. Did 178 combat missionsāthatās like 7 bomber tours on a B-17 in WWII.
His medal count? Impeccable. 3 Distinguished Flying Crosses, 14 Air Medals, Two Legions of Merit, and a Defense Distinguished Service Medal. One of the original Tuskegee Airmen, the first four-star African American General.
Hegseth couldnāt sniff the level of soldiering and warrior that was in Chappieās DNA. God bless him. And Hegseth took down his picture from a hallway like a racist little child, which is what he is.
There is a historical constant: no amount of wealth can liberate a third-rate thinker from intellectual envy or from the deeply degrading sense of scholarly inferiority -- that feeling of impoverished erudition.
No amount of wealth.