Trump’s Iran blockade snatches defeat from the jaws of victory

It appears Donald Trump once again snatched defeat from the jaws of victory by heeding the hawkish counsel of the warmongers at the Foundation for Defense of Democracies.As I have argued before, the fragile ceasefire disproportionately favored the United States over Iran: Trump secured his central objective — a swift exit from a costly war — while Iran forfeited its primary source of leverage, namely the inflationary pressure of elevated oil prices. Tehran, by contrast, remained unable to achiev...