As we noted in a prior post, Trump is completely transactional and has no loyalty to his ally Israel. (See: https://shulmaven.blogspot.com/2026/06/the-purim-war-part-7-israel-learns.html ) Little did we realize at the time how craven Trump would be with his capitulation to Iran. Trump has gone from “unconditional surrender” to practically whatever Iran wants. The 14-point Memorandum of Understanding (MOU) leaves open Iran’s nuclear program and enables them to continue their ballistic missile program. Indeed, the MOU calls the termination of the war in Lebanon without mentioning Hezbollah and without Israel being a signatory to the deal. Recall Israel entered the war cheek by jowl with the U.S. in the most coordinated inter-allied cooperation since World War II.
Perhaps more
troubling is that Iran is now given sanctions relief to sell its oil on the
market thereby funding the regime that is now desperate for cash. Although the
deal keeps the Strait of Hormuz to be free from tolls for 60 days, it leaves
open the very real possibility of tolls going forward. This is in complete
contradiction to international law and America’s long held position on freedom
of the seas. (See: Shulmaven:
The Purim War- Part 5, Deadlock in the Strait of Hormuz* )
Put bluntly, in
exchange for temporarily opening the Strait of Hormuz, which was wide open
prior to the war, Iran has conceded nothing. To be sure, if Iran fails to move
forward on eliminating its nuclear capacity, the U.S. reserves the right to
resume the war. Trump has threatened
this, but his threat has zero credibility with the midterm elections just
around the corner. What we have ended up with is something worse than
Sherman-Malley-Obama-Biden deal of 2015.
In 1938, just after
the Munich summit with Hitler, Winston Churchill called out Neville Chamberlain
with the following:
“You were given the choice between war and
dishonour. You chose dishonour, and you will have war.”
I fear that instead
of peace, Trump has set the stage for the next Iran War in the not-too-distant
future.
Thanks, David. Am in 100% agreement with your analysis. So disappointed with this capitulation. It feels like a Chamberlain moment.
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