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Culture War Roundup for the week of June 15, 2026

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The full text of the memorandum has been released and confirmed by the White House:

If this is signed as written on Friday, I predict major ructions in the GOP, particularly the Senate, which were already coming to a head before this.

The United States of America and the Islamic Republic of Iran have jointly agreed, in good faith, on ……… 2026, at…………………, on the following:

  1. The United States of America and the Islamic Republic of Iran, and their allies in the current war, by signing this MoU, declare the immediate and permanent termination of military operations on all fronts, including in Lebanon, and undertake from now on not to initiate any war or any military operation against each other, and to refrain from the threat or use of force against each other, and ensuring the territorial integrity and sovereignty of Lebanon. The final Deal will confirm the permanent termination of the war on all fronts, including in Lebanon, and other provisions of this paragraph.

  2. The United States of America and the Islamic Republic of Iran undertake to respect each other’s sovereignty and territorial integrity and to refrain from interfering in each other’s internal affairs.

  3. The United States of America and the Islamic Republic of Iran commit to negotiating and achieving the final Deal, in maximum 60 days extendable with mutual consent.

  4. Immediately upon the signing of this MoU, the United States of America will begin the removal of its naval blockade and any disturbances or impediments against the Islamic Republic of Iran, and will fully end the naval blockade within 30 days. During this period, the traffic of vessels will be in proportion to the numbers of pre-war traffic being restored by the Islamic Republic of Iran. The United States of America further undertakes to remove its forces from the proximity of the Islamic Republic of Iran within 30 days after the final Deal.

  5. Upon the signing of this MoU, the Islamic Republic of Iran will make arrangements using its best efforts for the safe passage of commercial vessels, with no charge for 60 days only, from the Persian Gulf to the Sea of Oman, and vice versa. The traffic of commercial vessels will immediately start, and considering the need for removing the technical and military obstacles, and de-mining by the Islamic Republic of Iran, will be instated within 30 days. The Islamic Republic of Iran will conduct dialogue with the Sultanate of Oman, to define the future administration and maritime services in the Strait of Hormuz, in discussions with other Persian Gulf Littoral States, in line with applicable international law and the sovereign rights of coastal states of the Strait of Hormuz.

  6. The United States of America undertakes, with regional partners, to develop a definitive mutually agreed plan with at least USD 300 Billion, for the reconstruction and economic development of the Islamic Republic of Iran. The mechanism for the implementation of this plan will be finalized as part of final Deal within 60 days. All required licenses, waivers and permissions needed for the relevant financial transactions will be granted by the United States of America.

  7. The United States of America undertakes to terminate all types of sanctions against the Islamic Republic of Iran, including the United Nations Security Council resolutions, IAEA Board of Governors resolutions and all unilateral U.S. sanctions, primary and secondary, in an agreed upon schedule as part of the final Deal. The Islamic Republic of Iran and the United States of America acknowledge the critical importance of the sanctions termination issue above mentioned and express their intentions to immediately address these issues in the negotiations in order to achieve mutual agreement on them.

  8. The Islamic Republic of Iran reaffirms that it shall not procure or develop nuclear weapons. The United States of America and the Islamic Republic of Iran have agreed to resolve the disposition of stockpiled enriched material pursuant to a mechanism that will be mutually agreed upon, in accordance with the schedule mentioned in paragraph 7, with the minimum methodology to be down blending on-site, under the supervision of the IAEA. The two Parties also agree to discuss the issue of enrichment, and other mutually agreed matters related to the Islamic Republic of Iran’s nuclear needs, based on a satisfactory framework being agreed upon in the final Deal. The final Deal will confirm the provisions of this paragraph. The United States of America and the Islamic Republic of Iran acknowledge the critical importance of the nuclear issues above mentioned and express their intentions to immediately address these issues in the negotiations in order to achieve mutual agreement on them.

  9. Pending the final Deal, the United States of America and the Islamic Republic of Iran agree to maintain the status quo; the Islamic Republic of Iran will maintain the current status quo of its nuclear program, and the United States of America will not impose any new sanctions, and will not deploy additional forces in the region.

  10. The United States of America undertakes that immediately upon the signing of this MoU, and until the termination of sanctions, the U.S. Department of Treasury will issue waivers for the export of Iranian crude oil, petroleum products and derivatives, and all associated services including banking transactions, insurances, transportation, etc.

  11. The United States of America undertakes to make fully available for use, the frozen or restricted funds and assets of the Islamic Republic of Iran upon the implementation of this MoU. The United States of America and the Islamic Republic of Iran will mutually agree on the procedures related to the release of these funds during the negotiations. Such funds, whether retained in the original account or transferred, shall be made fully useable for payment to any ultimate beneficiary designated by the Central Bank of the Islamic Republic of Iran. The United States of America undertakes to issue all necessary licenses and authorizations accordingly.

  12. The United States of America and the Islamic Republic of Iran agree that an executive mechanism will be established to monitor the successful implementation of this MoU and the future compliance of the final Deal.

  13. After signing this MoU, and subject to the beginning of the implementation of paragraphs 1, 4, 5, 10 and 11 of this MoU and the continuing implementation of these measures, the United States of America and the Islamic Republic of Iran will start negotiations regarding the final Deal exclusively on the other paragraphs.

  14. The final Deal will be endorsed by a binding UNSC resolution.

If this deal goes through, it's going to be an absolute disaster. $300 billion USD, all assets unfrozen, and full access to the Strait along with Oman. Are you kidding me? That's far worse than anything Obama or Biden ever did regarding Iran. All that money going straight into the pockets of terrorists. More money, apparently, than the post-World War II Marshall Plan was in 2026 money ($180 billion). I would have said that they're in a better position than they started in, if many of their leaders weren't killed. But I hope this deal falls through, seriously. It successfully coming through would be a bigger loss than Afghanistan was for Biden. The Israelis need to violate the agreement for our own good.

The deal is crafted so they actually don't get any of that until the final agreement; it is also crafted to appear as though they get that beforehand; #11 is particularly deceptive in this manner. What they get immediately is an end to the blockade and permission to sell oil during negotiations.

This is the crux of the text as is. Most concessions in both sides are in three buckets: what the belligerents offer right now regardless of any deal, what the belligerents offer later conditional on a complete deal, and what the belligerents can't offer personally but promise to pursue via other actors later.

For example, number 11 states "The United States of America undertakes to make fully available for use, the frozen or restricted funds and assets of the Islamic Republic of Iran upon the implementation of this MoU. The United States of America and the Islamic Republic of Iran will mutually agree on the procedures related to the release of these funds during the negotiations."

This states that the US undertakes to make fully available, not immediately makes fully available, with the second sentence stating that the procedure for making available must be mutually agreeable based on later negotiations. Later negotiations, in turn, depending on the prospect of the final deal, until which the US side can claim no mutually agreed procedure has been achieved. While this does not necessarily need to be entirely tied to the 'final deal', the it can be as the US, not Iran, desires, with Iran likely going to push for more early and the US pushing for progress/concessions to get there.

Further, most frozen Iranian funds are not frozen under US jurisdiction. The US agreeing to issue all necessary licenses- which is again contingent on the mutual agreed procedure- does not give the US licensing authority over other actors. This turns into an angle where the holding countries have a veto authority over the return of frozen funds. After all, the US undertakes to make fully available, but anyone who reads this as an obligation to 'strongarm' the countries in question is significantly misreading who is liable to try strongarming countries one on one.

Further, most frozen Iranian funds are not frozen under US jurisdiction.

Most frozen Iranian funds outside US jurisdiction are frozen by people who were bullied into it by US secondary sanctions. Both the US and Iran know that they will be unfrozen quickly if the US wants them to be, and are negotiating on that basis.

Hmm I'm not proficient in legalese, what does 11 actually mean?

See Dean's comment. The unfreezing of funds is on the table (as is the downblending or other destruction of the uranium). But it doesn't happen as part of the M.O.U. If Iran and the US are negotiating in good faith we'd expect an agreement to conclude in which the funds were released as the uranium was.

Then I sincerely hope that the final agreement doesn't come to pass. You can't trust these guys as far as you can throw them, and no assets whatsoever should be unfrozen for them under any circumstances as long as they continue to be the #1 source of terrorism in the Middle East. There better be some teeth behind the "no nukes" part of the deal, or this is worse than the JCPOA.

The $300 billion not being taxpayer funded is great, but that's still $300 billion going towards the terrorist capital of the world.

The important thing for the US is the nuclear material. Terrorism in the middle east -- outside of shooting at ships in the Red Sea and the Persian Gulf/Strait of Hormuz/Gulf of Oman -- honestly, isn't a huge US problem. It's more of a problem for Israel. I expect the final agreement will say that Iran won't support terrorist groups in Lebanon and Israel won't attack Lebanon, and that part of the agreement will last about 5 minutes before it is violated.

That was my (very rough, uninformed) understanding of the famous Obama Iran deal - good for Iran, good for the United States, bad for Israel. So naturally Israel has leapt at every chance it can get to sabotage it.

I am waiting for the "only Nixon could go to China" moment, translated into the current situation as "only Trump could abandon Israel."

Trump has the unique opportunity to forge a reasonably lasting peace with Iran and getting them to abandon "death to America" and nuclear materials in exchange for completely abandoning Israel. It might get some bipartisan support, and it would be politically impossible for a democratic president and most republican presidents.

In this way, Trump could legitimately claim to have put America first, and I would admit that he secured an excellent deal. He would get a lot of heat for it, but I think it would slide right off him and he would be able to sell it to the public as a win.

I don't put any faith in Trump to take advantage of good opportunities he has, but in the abstract I would say, at least, that a re-ordering of American alliances in the Middle East seems like a good idea.

Part of what's baffling about the current situation is that, in pure geo-strategic terms, there is no particularly compelling reason for Iran and the United States to hate one another. Neither is there a particularly compelling reason for Israel and Iran to hate one another. Neither is there a very good reason for the United States to be ride-or-die with Israel.

In some ways it's quite sad - historically Persia has been relatively friendly to Jews, at least by the standards of the region. The current hatreds in the region are almost entirely post-WWII. The Americans supported the British with the Mossadegh coup back in the 50s, and then bungled responses to the revolution in 1979, and there's lingering hatred from that even though there isn't a very good reason today why America and Iran can't get along. If the Americans can be good friends with the Saudis, well, the Iranians certainly aren't any worse than the Saudis, morally speaking. At times the Iranians have signalled willingness to cooperate as well - didn't they offer to be supportive with regard to America's invasion of Afghanistan, right up until Bush declared them 'Axis of Evil', unnecessarily making enemies?

As regards Israel, it's partly symbolic - Iran has ambitions of being (and tries to present itself as) the de facto leader of the Islamic world, and because there is incredibly strong grassroots sympathy for Palestine in the Islamic world, presenting themselves as champions of the Palestinian cause is good for that. (Meanwhile potential rivals like the Saudis undermine themselves by slowly normalising relations with Israel.) Obviously the hatred is partly sincere as well, but my point is that the conflict between Iran and Israel is largely not over material interests.

And of course for the last leg, it is pretty unclear what America gets out of its alliance with Israel. The Israelis do not seem like very good allies. I cannot blame Israel for prioritising Israeli interests first, or taking the best deal they can get, but there certainly seems to be room for America to ask for more out of the arrangement, or failing that, to scale back their support for Israel.

Iran needs to oppose Israel's existence as a state to harness Islamic street credibility, the survival of Shia theology in a Sunni dominated world may depend on it at this point.

As for America's support for Israel, it's largely due to entrenched jewish capture of US media, cultural, and financial institutions. Not as a deliberate act, but as a consequence of typical jewish high-IQ, educational attainment, and preference for high prestige, high status employment. US jewish elites are uniquely vulnerable to Israeli propaganda to support them at all costs. In turn, the US gets strongly nudged to support Israeli political ambitions.

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According to Reuters:

The [300-billion-dollar] fund's existence has been previously reported, but Reuters is revealing for the first time that more than half of the amount has already been committed and that it will be composed entirely of private-sector funds.

The new fund is a private investment vehicle, not a reconstruction or reparations programme, and will not include any government money or grants, the source said, adding that companies based in the US, the Gulf Arab states, Asia, South America, and Africa have agreed to commit financing.

So it isn't comparable to the government-funded Marshall Plan.

@Catsnakes_ @sarker

Why would private companies do this out of the goodness of their cold, capitalistic hearts? Who's paying them?

I am also very curious what $300B of voluntary private contributions look like. Is this a case where the USA will pressure local governments to demand that private industry contribute to the fund, under threat of negative government treatment if certain benchmarks aren't met? I.e. a convoluted tax that will ultimately be passed on to some split of global consumers and investors?

It's access to invest in a market that is otherwise illegal to access. It's money lying on the table.

Did investment pour into Iran after the 2015 deal? Serious question.

Iran has a couple of things going for it: large, well educated population with oil. On the other hand it's led by angry Islamists who just fought a war with the US and many of its neighbors. High-risk high-reward, perhaps.

The 2015 deal didn't lift sanctions that prevented US firms from doing business with them afaik, so no. Here the private investment ostensibly is the deal. (assuming it happens as presented, which is doubtful)

The 2015 deal would significantly had allowed European firms to do business with Iran, which many European capitals were gearing up in advance. It was one of the reasons the JCPOA's retraction under Trump was an embarassment point for the European Union- they tried to create a dummy intermediary system to shield European companies from American sanction violations, but the European companies didn't want to risk American market access regardless.