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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.
My take is that probably the "final deal" is a total pipe dream and isn't happening. Of course that also means the 300B isn't happening either. So we're going to get the initial items from the mou, then negotiations will fall apart later this year. Sanctions waivers will expire, funds will get refrozen, and we'll end up right back where we started. Iran will have some of its sanctioned money back, and also has a bunch of its stuff blown up. It'll definitely be up in the air whether they're ahead or behind after this.
The tolls issue seems to be pretty much in line with what my previous take was. They're going to "conduct a dialogue" which realistically is going to go absolutely nowhere but they can make a spin that totally everyone else is definitely going to agree to tolling.
In the medium to long term, UAE and Saudi Arabia (and Iraq) are going to double, triple, and quadruple down on pipelines and air defense (probably made in USA models but who knows) meaning that even though Iran was able to get serious leverage this time, they'll have far less 5 years down the road when Israel wants to start shit again.
What was Trump going to do? Iran was blocking 13 million barrels of oil a day and it is clear that they could hold out for a long time. Iran has 93 million people, is energy self sufficient and has an economic policy centred around self sufficiency. The oil price shot up and with it came inflation. The price stayed at acceptable levels due to the vast amount of oil in reserves and in the system. However, as that started to run dry the economic fallout would have been disastrous.
If Trump tries to weasel his way out of this Iran can shut down the straight.
As for Iranian long term strategy Russia is building several thousand long term drones a month. If Iran builds 500 a month they will have 60 000 in 10 years. That is enough to wreck the gulf state and their oil infrastructure. Especially combined with a missile stockpile several times what they had going into this war.
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Yeah. First of all, Iran isn't going to stop supporting Hezbollah, Hezbollah isn't going to stop attacking Israel, and Israel isn't going to stop bombing Lebanon nor withdraw to pre-war borders. This probably won't stop negotiations though. Second, there's a good chance the IRGC refuses to stop shooting at ships in the Strait and the Persian Gulf. Third, even if they do, Iran, thinking they've won, is never going to agree to a plan of action that will actually mean they lose their nuclear material. If the IRGC doesn't spoil the deal early on, I expect negotiations will drag, get extended once or twice, and then a fully lame-duck Trump will have freedom of action. I don't know what he'll do though.
I wonder how close Israel is to destroying Hezbollah completely. It'd be a shame if they had to stop when they'd almost got rid of them.
I expect there's an inexhaustable supply from Israel's perspective. Even if they killed every Shi'ite in Lebanon, Iran has plenty more fighters to send in.
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Not close at all
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