Waving the White Flag

Let me begin by apologizing to those who could not view the preceding post because they are not premium members of The Bulwark. I am almost 80, and this was my first mistake. At least I didn’t start a stupid, unwinnable war.

And BTW, you might want to consider paying some bucks to support The Bulwark. I find it to be money well spent. 

Meanwhile, the Wall Street Journal Editorial Board continues to tell it like it is:

Iran Is Winning the Battle of Hormuz: Tehran is using force to gain control over traffic through the Strait

Iran then hit a tanker carrying Qatari crude. The U.S. retaliated again against Iranian military sites and has escorted oil tankers with heavy air cover. Iran then fired drones and missiles at civilian targets and U.S. bases in Bahrain and Kuwait.

“It is very possible that they will never learn,” Mr. Trump wrote of Iran’s regime on Saturday night. Or is it U.S. decision makers who never learn? Vice President JD Vance has been touting Iran’s “transformed” Islamic Revolutionary Guard Corps leaders ready to “turn over a new leaf” with the U.S. He even reached “gentlemen’s agreements” with them outside the memorandum, Mr. Vance assured critics.

Well, these are no gentlemen. It’s the same terrorist regime, and this is the Battle of Hormuz that Mr. Trump thought he had ducked. In case there was any doubt, foreign minister Abbas Araghchi said Sunday that Iran is solely responsible for managing the Strait under the memorandum. He said “no other country has any responsibility in that regard.” Mr. Araghchi is Iran’s chief negotiator with Mr. Vance. 

It wasn’t enough that Mr. Trump gave Iran an oil sanctions waiver without safeguards, promised billions of dollars in frozen assets and stopped sanctions enforcement. The regime wants to conquer the Strait and turn it into a toll booth, with transit by permission only. On a ship-by-ship basis, Iranian foreign policy would determine who crosses. This is the opposite of free navigation and provides no security for energy flows.

Force is the regime’s means to make the world bend. Without it, shippers refused to heed Iran’s dictates for Hormuz during the deal’s early days. Vessels sailed out via the Strait’s southern, Omani lane. Tehran’s demands that ships transit only through the Iranian lane, request access two days in advance, and sign up for special Iranian “insurance” were ignored. Oil prices fell far faster than most experts expected.

In short, the Strait wasn’t going Iran’s way. It was becoming free again—hence the regime’s resort to force. Iran is intimidating Oman and other Gulf states. It may also offer them a cut of the spoils from a tolled Strait, but that hardly sweetens the foul deal for the rest of the world.

The question is why Iran still gets the cash, selling its oil free of sanctions and repatriating the revenue to fund its Revolutionary Guard. If Mr. Trump isn’t ready to resume the U.S. blockade, he can amend Treasury’s sanctions-relief license to require that all proceeds from Iranian oil sales be placed in escrow. 

The U.S. needs the leverage for nuclear negotiations, and it was never wise to give Iran a blank check. All the more so now that the regime isn’t respecting the deal, which mandates a cease-fire as well as Iran’s “best efforts for the safe passage of commercial vessels.” That means don’t shoot at them, for starters.

More U.S. “love taps” against Iranian targets won’t impress the hard men in Tehran. They behave as if they have escalation dominance because they think Mr. Trump won’t return to war before the midterm elections. They don’t believe Mr. Trump’s social-media bluster because they see his reluctance to enforce the cease-fire terms. 

In the bigger strategic picture, the regime is leaving the President a choice: surrender Hormuz to Iranian terror or fight for it, like he always should have once he started the war, and reopen the Strait by force.

How Can You Tell When Trump is Lying?

Operation Epic Stupidity

As I write, it’s about 11 AM Eastern Daylight Time in the United States. Two days ago, Orange Mussolini told everyone he was going to start bombing Iranian power stations at 7:44 PM today, unless Iran capitulated on the Strait of Hormuz. This morning, out of the blue, he changed his tune, claimed to have “very good talks”—with an unnamed person or persons in Iran—and “extended” his “deadline” by five days. 

Iranian officials denied that any talks are going on and reasserted their maximalist demands for an end to hostilities, including monetary reparations.

Logically, there are three alternative explanations:

  1. The official Iranian sources are lying through their teeth, and Trump is telling the truth.
  2. A la Venezuela, Trump is actually talking to someone in Iran, just not to those who are officially in charge.
  3. Trump pulled the claims of “peace talks” out of his ass.

I think you know my guess as to which of these three possible alternatives is accurate.

More Fools They

The markets, keenly anticipating a Trump TACO on Iran, reacted to Trump’s announcement of Operation Epic Bullshit by leaping higher. Right now, the Dow is up around 1100 points. 

More fools they.

It’s a Good Thing Trump Didn’t Become a Lawyer

Down here in Georgia yesterday, our Supreme Court listened to oral argument on a murder case. At the end of the argument, the chief justice had a few questions for the prosecution, including

  • Why did she cite five cases that do not exist?
  • Why did she cite another five cases that don’t actually stand for the propositions for which they were cited? and
  • Why did she quote three passages legal opinions that di not actually exist?

The prosecutor promised to look into the matter and report back.

I look forward to Trump’s report on the “very good” “ongoing negotiations” that are supposed to be taking place this week.