Hormuz Hostage: The Great American Capitulation
President Donald Trump rightly eviscerated Barack Obama over the 2015 nuclear deal and the $1.7 billion in cash secretly airlifted to Tehran. That agreement—coupled with pallets of cash and over $100 billion in sanctions relief—supercharged Iran’s nuclear program while empowering the IRGC and its regional terror proxies.
Now a new deal threatens to repeat the same catastrophic script by unfreezing $6 billion in Iranian oil revenues held in Qatari banks. The last round of sanctions relief propelled Iranian oil exports from roughly 1.2 million barrels per day to peaks near 2 million. Those revenues flowed directly to the IRGC and its network of militias.
Meanwhile, the nuclear “concession” is purely cosmetic. The IAEA reports Iran retains approximately 441 kilograms of uranium enriched to 60 percent—enough, if further enriched, to fuel roughly 10 weapons. Converting that stockpile to weapons-grade material would take only months.
In return for taking that nuclear material out of the country, Tehran gains immediate liquidity to rebuild its enrichment capacity, rearm its proxies, and upgrade its missile........
