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Halls of Shrewd'm / US Policy
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Author: g0177325   😊 😞
Number: of 75961 
Subject: Iran's oil
Date: 03/21/26 12:57 PM
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From Phil Gordon (never heard of him) via George Conway (who I do know of!):

Phil Gordon → @PhilGordon DC
When Obama sent Iran $400m + $1.3bn in interest in 2016 Trump called it "insane" and he and others spent a decade mocking the idea of "pallets of cash" even though it was Iran's own money, American prisoners were released, courts were likely to require the U.S. payment, and Iran had just agreed to significant and verified reductions and restrictions on its nuclear program for 15+ years. Now Trump is giving Iran up to ten times that amount of revenue--one of the most significant measures of sanctions relief provided to the Islamic Republic since its founding--in exchange for marginal and temporary relief from the big increase in oil prices his actions have caused, without any concessions from Tehran, and even as Iran continues to target the United States, its allies, and world oil supplies. No way to read as anything other than desperate recognition of the situation Trump's own actions have created and the lack of available alternatives for dealing with it.


<sarcasm> I wonder how MAGA and the GOP Congress will reconcile this dichotomy. </sarcasm>

https://bsky.app/profile/gtconway.bsky.social/post...
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