Trump says Iran deal reopening Strait of Hormuz ‘largely negotiated,’ will be announced soon
President Donald Trump said a peace deal with Iran that would reopen the Strait of Hormuz is “largely negotiated” and will be announced shortly.
A deal could end a conflict that has choked global energy markets and pushed U.S. inflation to its highest level in years. "An Agreement has been largely negotiated, subject to finalization between the United States of America, the Islamic Republic of Iran, and the various other Countries," Trump said in a social media post. The agreement includes a memorandum of understanding as a first phase, Iran's foreign ministry said, before broader talks within 30 to 60 days.
Yea, right. What does IRAN say?
Iran's Fars news agency reported the Strait of Hormuz would remain under Iran's management, according to the latest exchanged text between Iran and the U.S. The report dismissed Trump's announcement of reopening the strait as part of a "largely negotiated" deal as "incomplete and inconsistent with reality."
Reading between the lines, the "deal" is just the "memo of understanding" which states that they'll keep talking about it and keep disagreeing on the fundamental points. Iran at some point MIGHT agree not to work on nuke weapons, but they will not do that unless at least $100B in war reparations are paid and ALL sanctions are lifted AND they can collect tolls on Hormuz. Those are conditions Trumpolini can't agree to without looking like a total fool. Which he is of course. He also is in desperate need of a reality check.
Don't count on ships lighting up their Bunker Fuel burners and steaming out of Hormuz loaded with Oil anytime soon.
RE