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US-Iran MOU Eases Energy Prices But Faces Sharp Pushback From Israel And GOP Hawks
US-Iran MOU Eases Energy Prices But Faces Sharp Pushback From Israel And GOP Hawks
Summary:
The US and Iran signed a preliminary cease-fire agreement at the G7 summit in France.
Energy prices fell as some Saudi supertankers resumed crossing the Strait of Hormuz.
The deal includes a $300 billion private reconstruction fund and temporary Iranian oil export waivers.
Iranian officials declared themselves the clear winner.
The agreement has opened significant new divisions within the Republican Party.
Israel described the deal as a major strategic setback.
US Vice President Vance will meet Iranian officials in Switzerland on Friday.
Energy...
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Authored by James Howard Kunstler,
Resource Scramble
“Trump has done so much damage to libtardery that the Democrats will need a decade of uninterrupted power to undo it, which they're not going to get.”
- Matt Forney on X
If you learned anything from this week’s extravaganza in Beijing, it is that Donald Trump is aggressively re-aligning world relations so that the USA does not end up one of the losers in the global resource scramble that lurks darkly behind all current events.
China does not intend to be...
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