Trump again claims victory in Iran. He’s claimed victory before, but now he has a so-called “agreement” with Iran.That agreement, which appears to be no more thanTrump again claims victory in Iran. He’s claimed victory before, but now he has a so-called “agreement” with Iran.That agreement, which appears to be no more than

Trump fails again

2026/06/15 19:45
2 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

Trump again claims victory in Iran. He’s claimed victory before, but now he has a so-called “agreement” with Iran.

That agreement, which appears to be no more than a memo of understanding — that is, a set of principles to which Iran and the United States have agreed — stops the fighting and reopens the Strait of Hormuz but it does not deal with the issue that caused Trump to initiate the conflict: Iran’s nuclear program.

Keep that in mind as you hear various renditions of what’s been decided. Recall that the Strait of Hormuz was open before Trump began bombing Iran. At best, the agreement Trump is touting restores the status quo to where it was when he commenced hostilities. Remember also that Iran had agreed to limit its development of nuclear-grade materials in its treaty with the Obama administration, which Trump revoked in 2018.

So what has been accomplished? Iran now is under the control of a more extremist regime than when Trump started this war. Oil prices are far higher, and will take some time to return to where they were before it began (if they ever do). Meanwhile, Trump has caused the United States to be more dependent on fossil fuels than we were prior to his inauguration for a second time, and the high oil prices brought on by his war has enriched Vladimir Putin’s regime.

The war with Iran has cost the United States an estimated $90 billion, and that’s a conservative estimate. It has caused widespread suffering throughout the Middle East. It has put Israel in a more precarious situation than it was before — and much of that is due to Benjamin Netanyahu, who is not a party to, and has not approved, the agreement.

This doesn’t look like a victory. Compared to where the United States and the Middle East were on February 28, when Trump began this war, it’s a terrible failure.

Robert Reich is a professor of public policy at Berkeley and former secretary of labor. His writings can be found at https://robertreich.substack.com/

  • george conway
  • noam chomsky
  • civil war
  • Kayleigh mcenany
  • Melania trump
  • drudge report
  • paul krugman
  • Lindsey graham
  • Lincoln project
  • al franken bill maher
  • People of praise
  • Ivanka trump
  • eric trump
Market Opportunity
OFFICIAL TRUMP Logo
OFFICIAL TRUMP Price(TRUMP)
$1.995
$1.995$1.995
-1.09%
USD
OFFICIAL TRUMP (TRUMP) Live Price Chart

World Cup Combo: Aim for 200x

World Cup Combo: Aim for 200xWorld Cup Combo: Aim for 200x

Combine up to 20 World Cup matches in one order

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

Score Your Share of 50K USDT

Score Your Share of 50K USDTScore Your Share of 50K USDT

Complete DEX+ tasks to unlock the Champion Wheel