CFR So much for the Memorandum of Understanding (MOU), signed by Trump on June 18 at Versailles. It was essentially a lucrative deal for Iran to reopen the strait—the conduit for 20 percent of the world’s oil and gas. Trump pledged many billions of dollars in economic relief for Iran by lifting sanctions, unfreezing Iranian … Continue reading Trump’s Iran deal has collapsed leaving the US with few good options- Russia & Iran make a gas deal