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Trump's Iran deal: the diplomacy of self-imposed scarcity

The US-Iran MOU is being marketed as a strategic settlement. The text, the Hormuz threat, and the 60-day toll clause suggest it is a fuse.

Two red fire trucks and firefighters in protective gear stand before a forest engulfed in flames, with thick smoke rising into the sky.
Two red fire trucks and firefighters in protective gear stand before a forest engulfed in flames, with thick smoke rising into the sky. @NYT > WORLD NEWS · Telegram

Desk note: Monexus treated the MOU as an option, not a settlement. The wire frame on 17–18 June read the signature as a milestone; the text, the Hormuz threat, and the Israeli pushback suggest it is a 60-day fuse.

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