https://www.washingtonpost.com/opinions/2026/06/18/is-iran-war-really-over/
Iran won an immediate end to the fighting and the lifting of the American naval blockade of its ports. Washington agreed to issue waivers letting Iran resume selling its crude, to unfreeze some $24 billion of its assets and to help develop a reconstruction fund of at least $300 billion.
Iran conceded remarkably little. It will open the Strait of Hormuz to international shipping while the final terms of the peace deal are being negotiated. The six remaining U.S. hostages being held by the regime never featured in negotiations. Iran’s lead negotiator, the speaker of the parliament Mohammad Ghalibaf, boasted that the regime had won at the table “several times over” what it could not win on the battlefield.
The Iranians may be tempted to push their advantage, with American deterrence obviously weakened. They can activate Hezbollah to attack Israel at will and then point the finger at the U.S. for not stopping Israel from reacting. Worse, Trump unwisely laid out his concerns about the economy in public, and Iran’s ability to shut down shipping and terrorize its neighbors has not been removed.