June 18, 2026

Iran Has the US in a Doom Loop

The 'deal' between the US and Iran hands Iran a huge win. Key in all this is the next 60 days. Over that time, while the final deal is being drafted, global oil reserves will be run down more and yet only a trickle of oil will leave the Persian Gulf. Moreover, oil that does get out will take time to process when it arrives at refineries. Iran can simply shut down the Strait of Hormuz again and completely crush its enemies.

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