A US official used the term “Extraordinarily Generous”. Full text of MOU below.
Deal Allows Tehran to Immediately Sell Oil
The Wall Street Journal reports The Trump-Iran Deal Allows Tehran to Immediately Sell Oil
The U.S. will allow Iran to immediately begin selling oil and fuel under the deal to end the war, offering Tehran an early financial incentive to wind down the conflict, people familiar with the agreement said.
The provision for waivers of sanctions on oil sales takes effect immediately upon signing the agreement this week and also covers necessary services including banking, transportation and insurance needed to facilitate the sales, the people said.
United Against Nuclear Iran, a nonprofit, said an Iranian supertanker carrying crude oil, Diona, had left Chabahar port, crossed the U.S. blockade and was sailing out of the Gulf of Oman on Tuesday with its location tracker active. It was the first such transit since the start of the U.S. blockade in April. Shortly afterward, a second supertanker, Hero II, also crossed the blockade, according to the nonprofit and ship-tracking data from MarineTraffic.
Allowing Iran to export its oil concedes a key point of U.S. leverage, but one the White House felt it probably had to give up to open the Strait of Hormuz, said Farzin Nadimi, an Iran-focused senior fellow with the Washington Institute, a U.S.-based think tank.
“The White House thinks that these kinds of sweeteners are required to make Iran make concessions, and otherwise it would be very difficult to make Iran continue negotiations,” Nadimi said.
Among its provisions is a regional reconstruction and development fund for Iran to repair damage done by the war. In a briefing Monday, senior Trump administration officials said the U.S. and Iran have discussed a fund of $300 billion for that purpose. They also said they have discussed sanctions relief and restoring Tehran’s access to some of its estimated $100 billion in frozen funds.
“We’re going to be willing to be extraordinarily generous in opening up their economy and opening up the sanctions relief,” one of the officials said. “So I would say everything is on the table and at the same time nothing is on the table if it doesn’t come along with real performance.”
The question of financial benefits for Iran is among the most sensitive for Trump’s effort to conclude the war. Trump has excoriated former President Barack Obama for flying cash into Iran after a 2015 nuclear deal went into effect the following January. Trump withdrew from that deal in his first term.
Under the memorandum of understanding, the U.S. is also willing to give Iran access to some of its frozen funds for payments determined by Iran’s central bank, some of the people said.
Deal Check List
- Iran can immediately sell oil
- At least two Iranian ships already traversed the strait with location signals on
- Banking restrictions are off immediately
- $300 billion in restoration funds under discussion
- Release of frozen funds under discussion
What Does the US Get?
- 60 day discussion about nuclear stockpiles
- Statement already made long ago that Iran would not build weapons
Things Unclear
- Whether Iran can charge tolls (renamed to maintenance and safety fees)
- Iran wants $12 billion up front and $24 billion frozen assets released during the 60-day negotiation. Iran has an estimated $100 billion in assets rendered inaccessible by U.S. sanctions, mainly revenue from past oil sales and reserves.
Alleged MOU Details
- Iran and the US, together with their allies in the current war, declare upon the signing of this Memorandum of Understanding an immediate and permanent end to the war on all fronts, including Lebanon, and undertake that from now on they will not launch any hostile action against each other, and will refrain from the threat or use of force against each other
- Iran and the US undertake to respect each other’s sovereignty and territorial integrity, and to refrain from interfering in each other’s internal affairs
- Iran and the US undertake to negotiate and reach a final agreement within a maximum period of 60 days, extendable by mutual consent
- Immediately upon the signing of this Memorandum of Understanding, the United States will lift the naval blockade and prevent any interference or obstruction against Iran, and restore traffic within a maximum of 30 days to its full capacity; the traffic of ships shall be proportional to the pre-war volume of traffic on Iran’s part
- The US also undertakes to withdraw its forces from the surrounding areas within 30 days after the final agreement Upon signing this Memorandum of Understanding, Iran will immediately take steps to ensure that the movement of merchant ships from the Arabian Gulf to the Sea of Oman and vice versa is resumed within 30 days to the pre-war volume, taking into account the need for the removal of technical obstacles and the neutralization of mines by Iran
- The US undertakes, together with its regional partners, to create a comprehensive plan agreed upon by both parties for the rehabilitation and economic development of Iran, while ensuring financing of at least $300 billion
- The implementation mechanism of this plan, as part of the final agreement, will be formulated within 60 days
- The United States commits to ending, on a schedule to be agreed upon as part of the final agreement, all types of sanctions currently facing Iran, including resolutions of the United Nations Security Council and the Board of Governors of the International Atomic Energy Agency (IAEA), and all unilateral US sanctions, both primary and secondary Iran reiterates that it will never produce nuclear weapons
- Iran and the US have agreed that the fate of enriched material and the fate of all other mutually agreed nuclear-related issues, including Iran’s nuclear needs, will be adequately addressed in a final agreement
- Iran and the US agree that, pending a final agreement, they will maintain the status quo: Iran will maintain the status quo on its nuclear program, and the US will not impose new sanctions on Iran or strengthen its forces in the region
- The US undertakes that immediately after the signing of this Memorandum of Understanding, and until the date of the lifting of sanctions, the US Treasury Department will issue waivers for exports of Iranian crude oil, petrochemical products and their derivatives, and all related services, including banking, insurance, transportation, and the like
- The US undertakes that, in light of the progress of negotiations towards a final agreement, frozen or restricted funds and assets of Iran will be released and made fully available
- These funds, whether held in the master account or transferred, will be used for any final beneficiary payment determined by the Central Bank of Iran and will be fully available for use. The US undertakes to issue all necessary permits and licenses on this basis Iran and the US agree that an implementation mechanism will be established to oversee the successful implementation of and future commitment to the Final Agreement
- Following the signing of this Memorandum of Understanding, and upon receipt of assurances regarding the commencement of implementation of Articles 4, 5, 10, and 11 of this Memorandum of Understanding, and the continued implementation of these steps, Iran and the US will enter into negotiations for a Final Agreement solely with respect to the remaining Articles
- The final agreement will be approved through a binding resolution of the UN Security Council
Another Take on the Details
Key Clauses of the MOU Between the US and Iran
- Iran agrees not to develop or acquire nuclear weapons
- US and Iran agree to halt hostilities across the region, including in Lebanon
- Iran to guarantee free and safe commercial shipping through the strait of hormuz for 60 days
- US to release frozen Iranian assets once the agreement takes effect
- US to grant temporary sanctions waivers allowing Iran to export oil during negotiations
- Iran to maintain its current nuclear program while talks continue
- both sides to address Iran’s enriched uranium stockpile in future negotiations
- US to avoid new sanctions and major military buildups in the region during talks
- 60 days of negotiations planned to reach a final agreement
- Oman and gulf states to participate in talks on maritime security and shipping arrangements
- final deal could see the US withdraw its forces within 30 days
- final deal could result in the lifting of all US sanctions on Iran
- proposed final agreement includes a $300 billion reconstruction fund for Iran
- potential deal would represent one of the most significant US–Iran diplomatic breakthroughs in decades
Trump Is Losing the Hawks Who Once Defended the Iran War
The Wall Street Journal reports Trump Is Losing the Hawks Who Once Defended the Iran War
Many of the hawkish conservatives who rushed to President Trump’s defense at the beginning of the war with Iran now fear he is at risk of losing at the negotiating table, emboldening Tehran and setting back joint U.S.-Israeli interests in the process.
Early details, such as reports that a preliminary peace deal eventually could unlock billions of dollars in frozen Iranian funds, have turned once loyal allies into critics.
Two influential voices who have privately advised Trump throughout the war—retired Army Gen. Jack Keane, a Fox News contributor, and Marc Thiessen, a onetime chief speechwriter for former President George W. Bush—have raised pointed concerns about the deal.
“I can’t square some of the things that are coming out of the administration from reliable sources. That’s what I find so disturbing,” Keane told Fox News on Monday night. Thiessen called early reports about the agreement “utterly disastrous.” Sen. Lindsey Graham (R., S.C.), another hawkish adviser to Trump, has said he is eager to see the text of the deal.
Senior Trump administration officials said the U.S. and Iran have discussed sanctions relief, restoring Tehran’s access to some of its estimated $100 billion in frozen funds and a $300 billion fund to facilitate reconstruction and repair of war damage. Officials have said Iran won’t receive taxpayer money.
Trump’s allies on Capitol Hill have stopped short of openly criticizing the deal, but have said they need more information. Under federal law, Congress has the power to review any Iran nuclear deal and potentially vote on it.
“I want to see it myself,” Graham said of the preliminary agreement. “The way Iran describes it is awful.
When Mark Levin, a Trump ally, called on the administration to release the text of the deal, former Trump campaign aide Alex Bruesewitz chastised the Fox News host on social media, accusing him of panicking unnecessarily. Levin, whom Trump previously praised for his analysis of the Iran war, replied that Bruesewitz was “a fool.”
“If the president signed a bad deal, many of us who cheered and stood by him and thought that his action in Iran was heroic, will be extraordinarily disappointed,” Ben Shapiro, the popular conservative commentator, said in an interview. “It is not enough to win the first half of the basketball game.” he said, “You have to close it out.”
Trump Praises Current Iranian Leadership
Sarcasm of the Day
Don’t Worry No Tolls
Bomb First
An Amazing Prophesy
No Way to Spin this as a Win
The strait was open and free to travel before the war. It will be open but may not be free travel after now,
Iran had already committed that it would not build a bomb. Trump will have achieved nothing, even if the 60 day talks go well.
This sounds like a very reasonable deal, and we should be congratulating President Trump for setting some good precedents. I am a U.S. citizen and I am not being sarcastic.
Whining Hawks like Democratic Sens. Blumenthal and Murphy of Connecticut want bigger military budgets for their donors — United Technologies, Pratt & Whitney, Sikorsky and Raytheon — and peace does not deliver that. The hawks are oblivious to the downside risks to the global economy of continuing this stupid and unnecessary war.
During the 60-day period it is obvious that Israel will need to stop its attacks on Lebanon, regardless of what Netanyahu says, or Israel will be only more isolated than it is, especially more isolated from the U.S.. The principal of compensation should also apply to Israel: pay its damages in Gaza and the West Bank.
The biggest danger now is that Israel will roll the dice and lob nukes against Iran, with the tacit approval of Trump, who will then say “Netanyahu is crazy, and I can’t control him.”
Sadly, that will just force Iran to completely destroy the salination plants and oil infrastructure of the Persian Gulf, and with it the global economy.
Iran doesn’t need nukes as a deterrent!
But, no tan suit.
That’s how it works in the real world. The losers pay the winners.
This is a bank robbery gone wrong.
The whole point of the Iran war was for Trump & Netanyahu to steal Iran’s oil.
It worked well in Venezuela why not try a similar scheme in Iran with much larger loot available?
You do not have all the details so why pontificate?
You can only pontificate on the details you have. No way Trump is going to release the really embarrassing stuff.
If this were such a great deal,Trump would be broadcasting its terms to the world.
Actually, he just did that. He is reported to have read out the terms with his commentary to the press. It still doesn’t sound like a great deal.
Only after the terms leaked. Before, they were “secret”.
Wasn’t this list Iran’s demands after like week one of the war? Has the USA ever been so thoroughly defeated and humiliated?
The US have been thoroughly defeated in all wars, all of choice, that they started. Were the Usonians normal people, they’d take that with humility. But, no, baloney about being the “shining city on a hill”, “the indispensable nation”, and other manifestations of hubris won the day and they did nothing to elect decent people, but worshipped the corrupt and incompetent military to the point of sending their sons to die for the delusion.
“He has scattered the proud in the conceit of their heart.” (Luke 1:51)
This article repeats itself ad nauseum. Try some selective editing as you’re copying and pasting the words of others.
Mish complained when there was no deal. Mish complains more when there is a deal.
Where is Mish complaining? He is just posting complaints from Trump supporters, or maybe ex-supporters now.
Losers attack the messenger
I can not think of a spin where any of the money spent on this war would not have been better spent on improving US infrastructure.
The price tag of Epstein Fury will exceed $500 billion.
Israel will not stop invading its neighbors, so what’s the point?
My dude – if Trump had taken the money spent on the war, put it in a dumpster, doused in kerosene and lit it all on fire, it would have been a better use.
You forget the jobs in weapons factories in the U.S.! Lots of votes in those big military budgets.
The chief value of war is the jobs and civilian spin-offs. So, we need to keep the military budget pump running to the max. Where do you think AI, micro-chips, big data, mapping, GPS, the internet, cheap lasers, and even duct tape came from?
But the American people are starting to ask: you want to increase the military pork by $500 billion/year AND cut muscle out of wages, health care, childcare, roads, bridges, SNAP, and everything else? Doesn’t a poorer and less healthy country undermine national security just as much as bloated military budgets? Especially when those budgets buy the wrong hardware and can’t defeat fanatics with cheap drones and missiles like the Houthis and Iranians?
18 MiLliOn BiLliON GaJiLliOn dOlLaRs iS cHeApEr tHaN aN iRaNiAn NuKe LaNdInG iN nEw YoRk
With 300B they will for sure complete any nuke enrichment they still need. If you believe they will stop enriching just because because Trump tells you so – sorry, you are simple stupid.
If YoU dOn’T kNoW wHaT tHiS sTyLe Of TyPiNg InDiCaTeS yOu ArE a ClUeLeSs IdIoT.
the whole thing w3as a ruse to get this through. it is what they wanted
Just to put this into perspective Iran GDP for 2025 was around 350B $. We are going to fund them 300B. So this is comparable to their annual GDP size.
Would be similar to injecting around 25T $ to USA economy.
Trump is fully MIGA (Make Iran Great Again).
Iran made great deal, USA bombing caused damages of maybe like 20B and they will get 300B in return.
discussion: https://news.ycombinator.com/item?id=48549883
This is what happens when you start a war with someone with escalation dominance.
The number of people melting down about this is amusing. We lost the war, we don’t get to negotiate favorable terms for ourselves.
Man! Stormy Daniels should have held out for $3 billion. Any more “great deals” like this and the country will re-incorporate as the Islamic Republic of America. Suck it up, infidels!
The bombing of Lebanon is non-stop. Iran has accused Israel of violating the truce in Lebanon 84 times since the MoU was agreed to.
I wonder how Iran will react to this; whether the MoU in-person signing will actually happen on Friday?!
Is they are really getting $300B out of this, they might just sacrifice Hezbollah.
They aren’t getting the $300B, they know that. I think they are serious about not allowing Lebanon to be attacked, as specified in the terms of the deal.
https://news.antiwar.com/2026/06/16/irans-military-warns-of-harsh-response-if-israel-continues-attacks-in-lebanon/
Ben Shapiro on the MOU between the US and Iran: “This is JD’s deal. Let’s be very clear. This is the vice president’s deal. It does not have support.”Shapiro: “At the moment, there is technically no final deal cut. We’ve been hearing from the White House, from the president that the war is over, the deal is done, but that isn’t actually the reality. It’s just not real.” https://www.mediamatters.org/jd-vance/ben-shapiro-mou-between-us-and-iran-jds-deal-lets-be-very-clear-vice-presidents-deal-it
The Israeli lobby is trying everything to kill this deal, even throwing JD Vance under the bus by claiming he (not Trump) is the architect of the deal!
As the MOU reveal comes closer the message becomes ” the text doesn’t reflect the back-channel conversations”
Uh-huh
Sure
The most impressive video I watched today, was about Iraqi militia operating FPV drones above American bases in and around Baghdad, picking out and destroying the most valuable targets at will.
After that, you immediately understand while Trump was incoherent, and eventually forced to admit defeat.
Trump will stick to this agreement, because it was forced down his throat.
Trump is a fucking asshole chump.
By my tally…
150+ Iranian school girls dead, plus who knows how many Iranian civilians and troops.
13 US Troops dead
Billions spent
Middle East Oil and Natural Gas infrastructure severely damaged which will take months to years to get back to normal.
Higher energy costs for Americans and the rest of the world.
Additional loss of trust in the US.
All of that for a what amounts to a sweetened JCPOA for Iran. The dumbfuck will surely spin this as a win because he’s incapable of admitting a mistake.
Grade A fucking moron.
I’m embarrassed to be a citizen of the US. Not because the US lost, but because we started it in first place.
Technically, Israel started the war.
If you want to get technical, the US is just the western part of Geater Israel. That’s why Trump doesn’t support “Judeo-Christian” values, just the all important Judeo values. So that murdering Iranian school girls is celebrated, not a cause for shame.
No, the US is a flunky of Greater Israel. “Parts” have rights. The US has no rights vis-a-vis Israel, just obligations.
13 Americans dead? I can assure it’s way more than that – probably by at least an order of magnitude. 13 bases were made unusable. Over forty aircraft were destroyed. There had been 400 wounded being treated at Ramstein by the end of March. It’s the same as Americans killed in the Ukraine. There’ve been funerals at my church. “Training accident” wink wink.
I agree with being ashamed that we started this war.
i saw a video of the apache getting shot down. it didnt look like ai and if it was real then pilots are D-E-A-D. So the problem is did the pilots not have families? the military has to inform families within 24 hours. Are you suggesting the government somehow got the family and friends of the pilots to swear to secrecy? i find that hard to believe
Also Woodsie you are forgetting one of the biggest damage is that NO US ally will ever trust the US again for the simple reason that US will cut and run and leave the ally high & dry.
As the Emiratis have found to their cost. They pressed for total regime change and instead of that they are now paying protection money to the Iranians.
I think this actually a good thing. It will discourage future military adventurism. Now if we could get enlistments and re-enlistments to fall off a cliff. And pass the savings on to the taxpayer. Followed by outlawing AIPAC or at least requiring it to register as a foreign agent. And the piece de resistance – No more welfare for Israel!
Also it’s now clear to the world that the US military and US foreign policy continues to be under full control of Anglo-Zionist capitalists and worse. Probably the 2 most hated countries on the planet, undoing decades of hard work of well meaning US citizens. Economic fallout will no doubt follow
FDD’s first model-based estimate of Iran’s economic losses to date due to Operation Epic Fury are $144 billion, or 40 percent of pre-war GDP. With ceasefire talks underway, the economic cost to Iran is a critical part of the negotiating picture.
https://www.fdd.org/analysis/2026/04/23/total-iran-economic-damage-estimate/
So in other words, the US and Israel are vandals, destroying out of spite, destroying for its own sake.
=Iran’s economic losses to date due
no do USA and allies!!
at least oil/gas prices were 50% higher then would have normally been for 6 months!
and it is only gas/oil! than increased prices of food, etc etc
I’d like you to show last time your article said anything good with Trump involved 😝
It was probably the last time he did something good.
Yeah Mish. What about the Trump’s heroic actions? Like destroying the East Wing of the White House? Putting the kabash on releasing the Epstein files? Putting his name of the Lincoln Center? Renaming the Gulf of Mexico to the Gulf of America? Holding UFC fights on the White House lawn? Massively increasing budget deficits? Demanding lower interest rates during periods of high inflation? I mean, I’m only getting started here. Do you think Obama could have ever pulled off these amazing things making America great again? Mish must have TDS!
Aw, they’re picking on my poor widdle Trumpy Wumpy.
If Trump does something good, I praise it. Not my fault that he does so much that is stupid, plain evil or both.
Maybe this will convince the MAGA Morons that Trump is a a fucking idiot and the worst thing to ever happen to the USA?
dare to dream…
“You can’t fix stupid”
Sorry.
You know that JoJo is here, downvoting comments like a little bitch.
Where is JoJo? Did Trump’s capitulation to Iran cause him to have a stroke? Has he been recalled by the AIPAC team to come up with new messaging?
Inquiring minds want to know.
LOL! And with one bitchy little downvote.
“US officials downplay text of the Iran agreement, saying it doesn’t account for back-channel commitments” – CNN
LOL, you can’t make this shit up. This deal is a turd sandwich and the administration is putting ketchup on it to try to make it palatable to their base. Beautiful to see Trump and his voters taking in ass after tearing up the JCPOA and wiping their butts with it.
“I did not vote for this”
Yes moron, you did. And you did because you are a moron.
Surprise, surprise!
Unconditional surrender, I think.
It looks like China didn’t lose any oil through this process. The claim seem to be that there was demand destruction via their electrification work that they put in order. I would think it’s a game changer if true:
https://xcancel.com/NuryVittachi/status/2066729183292821714
The data is based on shipments from Kepler, which seem to be pretty reliable
China’s reserves rose at the start of the war because the US did not try to stop Iran’s exports till mid April. Shipments were reduced quite a bit after mid April.
However, since it takes 7-10 weeks for shipments to arrive in China, some of those shipments are still arriving.
China is also getting Saudi oil from their Red Sea port.
Still, China’s imports have fallen from 11 mbpd to 5 mbpd. So they have been tapping reserves of both oil and refined products for the last two months. You can see the dip in Chinese reserves in the last two months on your chart.
Forget Greenland, my household can be similarly attacked for far less than 300 billion in reconstruction costs.
Could he propose/accept a worse deal?
Anyone thinking Israel, not a signatory in the deal, will submit to the terms is ignoring history. I assume the rotten deal goes thru nonetheless.
Funniest line above… the fee for the service of not having your ship hit by a drone.
Trump may be making a classic error in seeking peace with IranAssuming the Iranian regime will comply with a peace deal has historically been a mistake
Who can be trusted? This will be Trump’s third peace negotiation with Iran. In the two previous negotiations, the US bombed Iran while negotiating.
Also, the US was complicit in Israel bombing negotiators in Qatar a year+ ago.
I made the same mistake thinking that the Avenger class was retired in total and replaced by the Freedom/Independent class (the LCS) with minesweeping module installed. A friend showed me that the 7th fleet (Japan) still has four in service. Meaning that the US still has dedicated, as opposed to bolt on, minesweeping capability. It is, as written in the quote, not in the correct location and would take weeks to get to the strait.
Like your comment, Greenland is now asking us to invade to get Trump to give them a similar deal!
Owing to the Military Industrial Complex NEVER being satisfied the $1 Triilion (in current $’s) paid for 20 YRS OF WAR IN VIETNAM, NOW IT GETS US ABOUT 4 MONTHS. A FACTOR OF 60 Xs MORE COST. Christ, they ripped my jewels off!
“The U.S. spent an estimated $168 billion on the Vietnam War directly between 1955 and 1975. When adjusted for inflation to present-day currency, this amounts to well over $1 trillion.”
Iran costs: The > $500 Billion in ADDITONAL MILITARY APPROPRIATIONS TRUMP 7 GOP OUT THROUGH JUST RECENTLY.
+ $300 BILLION NO DOUBT LIE’N KING TRUMP WILL HAVE US BACKSTOP GCC.
(Note: How just today WP revealed Trump had promised Contractors $300 BILLION IN TAXPAYER FUNDS! ON SOMETHING THAT WAS TO BE $400 BILLION AND NO TAXAPYER COST!)
and like >$200 BILLION TO REBUILD WEAPONS INVENTORIES
————————————————————————————
SPENDING THE SAME CURRENT DOLLARS FOR A DEAL THAT GETS US LESS!
I long for the days when it would at least have paid for 20 years of conflict! Not that I want conflict… But Vietnam was less of a bust for the US than this Iran Fiasco is!!
Not to mention, how tey whined when Obama gave them a whopping $1.7 Billion – NOT SHI* COMPARED TO THIS!
Iran still has most of it’s ballistic missles. Has enriched uranium. May be taking Hormuz tolls (TBD). Will now effectively have the last word on the Strait from now on.
And we have f’d relationships and zip credibility all from this arrogant retard.
We’ve all been reamed so bad we won’t be able to sit until Fall!
The money Obama “gave” Iran was their own money.
This fact is often overlooked or ignored by most…
Willingly. Ignoring facts is not an overlook, but dishonesty.
You can bet that will be part of the talking points for the money Iran gets on this deal
This discussion compares the aftermath of the Korean War and it’s strategic consequence for China to the aftermath of Trump/Netanyahu’s war and possible strategic consequence for Iran, from a Chinese perspective. I found it very interesting.
https://huabinoliver.substack.com/p/lessons-for-iran-from-the-korean
Some of the programs that will see cuts under president’s budget request
Community Services Block Grants:
Special Supplemental Nutrition Program for Women, Infants, and Children
Low Income Home Energy Assistance Program (LIHEAP):
HOME Investment Partnerships Program:
Section 8 housing:
National Institutes of Health (NIH):
Centers for Disease Control and Prevention (CDC)
Federal K-12 funding:
Higher education programs:
Preschool development grants
Workforce development programs:
Wage and Hour Division:
Small Business Administration (SBA):
Cost cutting for war and reparation in Iran.
Sorry, no money for you poor.
There is some money to be kept for tax relief for rich and powerful.
Oh, oh you poor people can expect you can be rich as rich and powerful are richer and after their investment. You know “trickle down economy”.
Several of these should have been eliminated. And cutting the Pentagon by 40% would be a nice start.
Trump had drained the Strategic Petroleum Reserve to “tank bottom”, where any more draining would have caused severe geological consequences. He was in a corner, and was forced to take *anything*. I’m still wondering if he’s figured out yet how badly Netanyahu played him.
I don’t think it’s at bottom yet. Down 8.9 mb this week to 340 mb. Supposedly problems begin below 300 mb, though some say 250 mb, or even 200 mb. There is still another 97 mb to go from the 172 mb we are supposed to draw down. So we might have a chance to find out.
June 5 was the lowest inventory level seen since the early 1980s. The drawdown is not over until the fat lady sings. At least another 40 million barrels of drawdown to go. Make no mistake, Trump was *forced* to act fast to save face. This is all Netanyahu’s fault, who knew *exactly* what he was doing when he roped Trump in.
Trump had no choice, the Z-squad financed his re-election campaign and/or waved the files (and video tapes) in his face.
Now officially confirmed.
“Trump Admits US Was Weeks Away From “Running Out Of Reserves” When Iran Deal Struck” ZH, Wednesday, Jun 17, 2026 – 07:29 PM
A truly amazing document.
Removal of sanctions! Iran has been sanctioned for most of my adult life.
Temporary removal of many, but not all, sanctions. They removed any sanctions related to oil being shipped and the ability to collect payments for that oil.
AKA starting a war on behalf of a terrorist nation and then getting soundly defeated.
One terrorist nation starting a war war on behalf of another terrorist nation.
If Trump weren’t such an A hole, he’d let the Iranian soccer team stay overnight in the US. Instead they only get a daily visa. They’re lodging in Mexico. They have to fly into the US for games and then leave immediately after the game. What a bunch of petty bullshit – on display for the world to see.
Dude! They could have bombs in their soccer balls. They could eat the pets!
Why does this surprise you? Trump is a petty person, just a pile of shit.
I guess on the 19th we’ll officially find out if Obama was a better negotiator and president. I guess that’s why he got the Nobel Peace Prize and Trump has gotten the worst deal of the millennium.
The fact that every prominent Israel mouth piece is up in arms over the deal is good indication Iran won as well.
And now you know why this tagline becomes truer and more prophetic as time goes on….
Do worry, Trump & Walrus will find a way to make things even worse.™
Trump is also a Nobel Peace Prize winner offered by María Corina Machado.
He deserved it.
He ended the Iran war. He saved the global economy.
He ended the war he started? That’s rich.
You can both start and end a war.
Yes, but don’t get credit for it, much less praise and prizes.
Winning the prize and appropriating one are slightly different. Lol
Let’s be fair. Obama got the Nobel Peace Prize for showing up, and not being Dubya. In fact, he had been president for about a month, and hadn’t even started on the JCPOA.
And I haven’t gotten started on Obama’s wars of aggression. No, that hardly makes me a Trump fan.
Iran has 60 days to negotiate a nuclear deal?
But everyone said they are only TWO WEEKS away from developing a nuclear bomb?!
Israel has been saying that Persia is about two weeks away from developing a nuclear bomb for about ten years to my knowledge, so I think we can discount that.
Peering through all the disinformation, what I think I see is that Persia was on the brink of developing the same sorts of fast, new missiles that Russia, China, and the West have been developing, and that was something the Israelis couldn’t live with.
Mish keeps saying that Persia had undertaken not to develop an atomic bomb, but as I understand it, the only reason for enriching uranium (perhaps beyond a low value needed in atomic power stations) is to put it into a bomb. So it doesn’t matter what the Persians were promising: they were trying to build a bomb.
Israelis may not be nice, truthful people, but Muslims aren’t either. If we pretend that we are living in a world where non-Western people tell the truth, we shall just get overrun and exterminated.
As a sidelight, we don’t always tell the truth either. I am getting sick of hearing about how we are doing the Persians a favor by “releasing their frozen funds.” Those funds were American fiat money owed to the Persians. Disregarding the fact that fiat money is a fraud in itself, those funds were simply stolen by the American banks from the Persian owners. Using other words doesn’t change that.
June 16, 2026
During a presser with the media at the G7 summit in Evian-les-Bains, France, Trump claimed that after bombing an Iranian mountain, it may not be worth finding the leftover enriched uranium “because it’s not really valuable.”
Enriched uranium is the main ingredient to produce a nuclear weapon, and there is no such thing as worthless enriched uranium.
Trump attacked Iran over enriched uranium, for gods sake.
“Because Uranium” was a pretext.
Nothing more.
This MOU is merely an agreement to agree, and even the agreement to agree apparently has not been signed yet.
Much as Trump deserves humiliation and worse, let’s wait before taking a victory lap, what say?
The fact that Trump is celebrating “an agreement to agree that has not even been signed yet” is plenty of evidence of Iran’s strategic victory.
Or Trump is hoping to keep a lid on commodity prices before taking another swing.
The fact that even Israel is losing its shit over the MOU shows that this is certainly not the case. There is no 5D chess. Trump lost.
I’m not saying Trump hasn’t lost. The question is whether he’ll take the L
Remember how the US would feign disagreement with Israel in order to lull Iran into a false sense of security before attacking?
It’s time to move passed the strait, and the timing and the way Trump folded on this suggests the world was building pressure on Trump to solve this so they could get access to oil again.
Now that the strait will be opened we move to: Will there ne peace in the region, and will the US abandon Israel?
It will be hard to believe peace will be coming when one sees headlines like this
https://www.jpost.com/israel-news/politics-and-diplomacy/article-899421
And we must remember over 90% of Israelis had supported this war: “92% of Jews gave the IDF a high rating on their management of the war”
https://en.idi.org.il/articles/63920
I said it before and I’ll say it again: peace will not be coming, and it’s likely to be worse than what has already happened.
Finally I point to this as a good measure:
https://www.reuters.com/world/middle-east/israeli-drone-strikes-kill-least-4-southern-lebanon-2026-06-16/
https://www.valleycentral.com/green-living/top-story/ap-top-headlines/ap-iranian-official-says-end-of-war-includes-end-of-israels-occupation-of-lebanon-state-tv-reports/
Peace isn’t coming, but more war will be and it will make what we already witnessed look like a child’s game.
I wonder if Trump has negotiated a fee from Iran for agreeing to this deal.
LOL how much did Obama free up for Iran for a better deal? $1.7 Billion? LOL
Iranians should be dancing in the streets at this point.
Warhawk Republican senators are complaining they don’t have a say… these shitstains abdicated their constitutional authority so they can eat it. They own this crap.
Moral consistency never had anything to do with it. This is a question of power.
Nothing more.
You get a Mishelin star for best comment of thread so far.
What’s a “Shitstain?” Never seen one.
When you go to the bathroom and you wipe after taking a Trump….
The war was a tremendous success for the Chief Pedophile of the United States. Epstein? Epstein who?
That is the one and only sense in which this war has been a success. Oh, if you were somebody who wanted to steal more land form Gaza and Lebanon, those would probably fall into the success column for you as well.
Plus all the market front-running, up and down, day in and day out — Trump cronies skimmed BILLIONS!
Art of the deal baby! You people don’t understand 59-D Chess; I feel sorry for you.
New & improved version is: The Art of the Steal
The sub title of “The Art of the Deal” is:
“How to fuck up even the simplest shit”
Cluster F’d Rus!
He better not have given that kind of money. OMG, I’m furious if so.
If so, b/tn war costs and treaty costs this is a $1 A TRILLION MISTAKE!
CLAWBACK EVERY GRIFTED PENNY FROM THAT FELONY LIAR.
Maybe the orange shitgibbon shouldn’t have attacked Iran.
This isn’t going to last. Israel doesn’t agree to this and will continue invading Lebanon. I ran will have no choice but to retaliate against Israel.
How does two weeks sound?
IDK…if all those numbers turn out right… and there is a chunk up front, Iran might cut Pezzbolah loose.
Maybe, but my understanding is that Iran has a 400 year relationship with the Shia of Lebanon. So maybe not. Otherwise, Hezbollah might be pried away from the Shia support – but that’s unlikely.
$300 billion buys a ton of drones that can be shipped to Hez… imagine them raining all down on a nearby neighbor. Just imagine.
Remember the Liberty.
How does it sound? Like that scene in Total Recall. “Two weeks!” (then head goes out of control and explodes)
Nope.
Israel is a subsidiary US project.
Israel can’t sustain itself for more than a few minutes without US support.
Israel can’t mount any military action without continuous US hands-on agency offering US ISR & strategic assets as services to Israel.
You have fallen for the “plausible deniability” kabuki PR about how a US proxy can go rogue, when it is just executing the master’s rogue commands.
Jeffrey Epstein has entered the chat.
I was giving this house of cards a week tops myself
Sounds right.
As I had said several times, this is indeed “America’s Suez Canal Moment”, a truly historical turning point for the world. We are witnessing the sun setting of America’s global military power and influence, and that s a good thing for Americans.
well said because it’s true
Eh, maybe maybe not… the problem was strategy (and complete lack thereof)… the US military is a mighty weapon, but any weapon fails if you don’t use it right. What we learned is a poorly planned and executed attack with unreasonable goals and unclear expectations is a recipe for disaster no matter how strong your military is. I think the jury is out on the value of US force projection. I will say this should be a serious wakeup call to the military about the need to modernize- drone warfare has changed things and the time to adapt was 2 years ago.
Funny thing, even in a pre-drone era, this lesson was pounded home in the so-called “global war on terror.” The USA became, on a historic scale, weakened, poorer, and less respected. It blew out the deficit, funded (as was Vietnam) with borrowed money alongside tax cuts. And as of our latest war, we are doubling down. There is no sign of learning, aside from our whipped backing-down here, which is being drowned out by the roaring propaganda machine.
That’s all we need – a new and improved US military to try to rule the world.
That would fall under unreasonable goals!
A good thing for Americans? An Intriguing thought, maybe, but on the other hand, look at the UK now. Costs of everything go up when you are not running the infrastructure. I’m not sure there is a comfy blueprint for most folks in “former hegemons.” Not that the other menu choices are particularly attractive or low-cost, especially on the downslope from Trump.
While your point about hegemony is well taken, I think your comparison is beyond lousy. England is a relatively small island in high latitudes with pretty limited natural resources. The USA, conversely, is probably the most blessed piece of land on the entire planet and is very close to being 100% self-sufficient. Getting all the way to 100% would mostly be a matter of choosing to do so. The few things we’re missing can be (or already are being) stolen from South America. We literally have ZERO reason to care at all about the Eastern Hemisphere beyond resource profiteering and “greatest ally” worship.
We are ruled by Rich pricks that want to be richer pricks.