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Notes -
No peace deal with Iran
Can I just point out that 21 hours seems too short for negotiations? I don't think the talks were done in earnest, at all. The 150-page JCPOA took almost 2 years of frivolous negotiations and lasted just as long. A 21 hour session in the middle of an active conflict is not very likely to reach a better equilibrium that both parties are happy with. Iran carried bloodstained schoolbags of kids killed in the Minab strike on the flight to Pakistan, they were certainly not there to surrender. I suspect the administration (or at least Vance) already knew this, and deliberately structured one-sided terms intended to be rejected so Trump can attempt building political scaffolding for escalation and blame Iran ("Look, we offered Iran a peace deal and they chose not to accept it"). Meanwhile, the Israelis have been busy!
Between accepting one of the greatest strategic defeats in decades, and trying to prosecute a horrific war amidst historic energy and food prices, we remain stuck with the latter.
Why? These things are usually drawn out because America and Iran don’t negotiate directly and pass everything through intermediaries. And by Trump’s account they agreed essentially on every point except for the nuclear question. I don’t see why it would take longer than 21 hours to realize that, the idea that negotiating is this special activity that takes lots of expertise is a myth from the Georgetown school of foreign policy to promote the need for bureaucrat-scholars to run everything.
The leading theory on this forum a week ago was that Trump was losing so badly he would accept any peace deal as long as it was face-saving and he could declare victory. Not so?
America totally destroyed Iran’s military in a stunning lopsided victory. I’ve been told this was only a tactical victory because Iran now controls the straits and is using that as leverage, but, weirdly, Trump is now announcing a blockade of the straits himself. Perhaps America isn’t defeated?
I fear that denying this will have me marked as some kind of rabid Trump fanboy who can’t deal with reality but I have to point out that oil was much higher during the 2008 crisis, back when the same dollars were worth more.
The US having tactical military dominance over Iran can hardly be "stunning". The US not being able to translate military dominance into a strategic victory is, well, somewhat par for the course, but is in this case at least a bogey, and probably a double or triple given that the strategic loss on the Strait has fundamentally worsened our security/economy, by a lot, compared with pre-war.
Oil tankers are now filling up at American ports because we have oil and the rest of the world does not. America controls a near-majority of the world’s oil supply and has a surplus even if prices go up. We destroyed Iran’s military and are dictating terms. I guess America is losing because Europeans are mad it’s not going faster?
The US is a major oil importer and the US exports oil because it imports oil, refines it and sells the refined oil. The US isn't energy independent because the US doesn't produce enough diesel. The US has more light oil that it consumes but not enough of other grades.
The US isn't dictating terms. The US is desperate to open the straight and has abandoned all its original goals and adopted Iran's demands as a basis for negotiating.
I think this is totally out to lunch and if you were right the US would have accepted Iran’s terms already
Iran's terms mean nuclear war in the Middle East probably within a decade. The US can't accept Iran's terms, neither can the force Iran to accept theirs. So the strait remains closed (soon by us too) until enough other nations decide to force our hand or Iran figures out how to make a bomb during the war.
If one saw the kinds of things that Indians and Pakistanis regularly say about each other, one could expect there to have been a nuclear war between the two countries by now. Yet there has not been one, even though both have been nuclear-armed since 1998 and they actually fought a conventional war recently.
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Iran can’t make nukes because we can bomb their facilities faster than they can build them. Their options are to surrender now for good terms or later for worse ones
That only works until the build one we don't know about or that we can't bomb.
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It's true that the US is a net importer of crude. In fact, the US tends to export light sweet crude and import heavy sour, because we have a lot of refining capacity for the heavy stuff that many other refiners don't have. But that crude is mostly coming from Canada, Mexico and South America, not the ME. And in January a bunch of Mexican heavy crude refining capacity came on line, leaving US refiners with a problem, at least until Venezuela happened. I rather suspect Trump knew all about that too.
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