Open Strait, Unsettled Waters
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Welcome to The Adversarial. Every other week, we’ll provide you with expert analysis on America’s greatest challengers: China, Russia, Iran, North Korea, and jihadists. Read more below.***IranOn June 17, U.S. President Donald Trump and Iranian President Masoud Pezeshkian separately signed a memorandum of understanding. Mediated by Pakistan and Qatar, the agreement ends hostilities and provides early returns for both sides: Shipping through the Strait of Hormuz is ticking up, oil prices have been coming down, and Washington has issued a 60-day waiver on Iranian oil and petrochemical sales. But diverging claims on nearly every point the two sides spent weeks litigating
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