Middle East & Africa | A straitjacket of their own making
Donald Trump has no good options for reopening the Strait of Hormuz
Yet the stand-off has costs for cash-strapped Iran, too

|Dubai|6 min read
When donald trump signed a preliminary peace deal with Iran last month, he bragged that it “achieves everything we set out to accomplish”. The Gulf war would end and the Strait of Hormuz would reopen. Less than a month later, the agreement looks to be unravelling: fighting has resumed and traffic through the strait has collapsed. This is occurring not in spite of the so-called memorandum of understanding (mou) but rather because of it.
