How can the U.S. benefit from the proposed Iran peace deal?
We’re informed that a peace deal with Iran is coming any day now. Some of the terms seem worse than what Carthage had to give when they surrendered to Rome. For example, “Trump’s $300 billion problem on the Iran agreement”:
In an interview with CBS News Monday morning, Vice President JD Vance seemed to tacitly confirm the premise that Iran could be given “access” to a reconstruction fund worth as much as $300 billion.
Ever since that interview, the administration has strained to clarify things. It has emphasized that this money wouldn’t come from US taxpayers. Instead, it would be money from other Gulf countries that would only be available if Iran complies with a peace deal.
Vance said late Monday on Fox News that “we would invite other countries — not us, but other countries — to invest in” Iran. He echoed that Tuesday, telling Megyn Kelly that the US wouldn’t let the United Arab Emirates, for example, “invest in Iran, unless the Iranians change their behavior.”
When the Obama administration and other countries cut a nuclear deal with Iran in 2015, it included giving Iran access to billions of dollars. In that case, it wasn’t money from other countries, but instead Iran’s own assets that had been frozen in foreign banks under sanctions. Estimates generally placed the dollar figure around $50 billion.
The Islamic Republic of Iran still officially hates the U.S., right? They’ve been chanting “Death to America” for 47 years. To the extent that they have money and sovereignty, therefore, won’t they use that money to build weapons factories? To the extent that they have electric power, won’t they use that power to run the factories 24/7?
One purported benefit is oil can flow through the Strait of Hormuz without interference from the Iranian Navy that, we’re informed, no longer exists. But if the U.S. is an oil exporter, how do we benefit from the ability of competitors in the Persian Gulf to export through the Strait?
Maybe Donald Trump is doing this for immediate political gain? The price of gasoline will go down a little and, therefore, Democrats who were previously climate alarmists and wanted higher gasoline prices to discourage consumption will stop their recent complaints about the higher gasoline prices that they previously advocated? This explanation seems implausible because surrendering to an enemy, even if you call it “winning”, doesn’t usually make a politician more popular. Wouldn’t Trump enjoy more popular support, at least among Republicans, with round-the-clock bombing of Iran’s oil industry (thus denying the ayatollahs the money they need to build weapons factories) and electricity plants (thus denying the regime the grid-scale electric power that it needs to run its weapons factories)?
Separately, if the goal is to keep the non-existent Iranian Navy out of the Strait, couldn’t we use robot submersibles to make the waters unfriendly to those whom we don’t like? Here’s an example from Anduril that can endure for 10 days:
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