Details of the 14-point agreement revealed as senior US officials claim ‘major win’ despite significant concessions to Tehran

Donald Trump has signed a 14-point agreement with Iran, claiming it delivered a “major win” for the United States – even as it made significant political and financial concessions to Iran to reopen the strait of Hormuz and prevent a “worldwide depression”.

In extraordinary remarks on Wednesday, Donald Trump went from threatening Iran with a new wave of attacks to suggesting the country had basic rights to enrich uranium for civilian use, that he would not pressure Tehran to abandon its ballistic missiles programme and the US was “going to have to give back” billions of dollars in frozen Iranian assets.

Those remarks, as well as the full text of the agreement – which was hailed by the Hezbollah chief, Naim Qassem, as a “great victory” – are likely to fuel anger in Israel and among hardliners in the Republican party who had urged Trump not to make a deal with Tehran.

  • gravitas_deficiency@sh.itjust.works
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    2 days ago

    Not to mention: I’m guessing part of the motive here is that someone finally dumbed down the concept of “the Strategic Petroleum Reserve is going to be GONE in mid-July” enough for him to somewhat understand it

    But also, given how complex and convoluted international supply chains are, and how many products and goods are impacted directly and indirectly by petroleum supply shocks, I rather doubt we’re fully dodging the economic bullet that’s coming in the next few months.