Iran‘s closure of the Strait of Hormuz energy chokepoint was the linchpin of its recent victory over the United States. There is no question that Iran is the victor as things stand. While suffering vast damage to its economy, military, and leadership, the Islamic Republic has held on. Not only that, but President Donald Trump is now allowing Iran free rein to sell tens of billions of dollars of oil. Iran will use some of the proceeds for terrorism. Major sanctions relief also beckons over the horizon as the two countries move to negotiate a final end to the war. And while this sanctions relief is dependent upon Iranian nuclear concessions, Trump’s desperation to end the war suggests that his terms will be lenient.
Can the US cancel Iran’s Hormuz get-out-of-jail-free card?
