After waging a destructive war at vast expense, Donald Trump has ended up in a weaker strategic position than when he started. His main achievement has been to battle-test Iran’s ability to shut down the Strait of Hormuz and disrupt the world economy *https://jacobin.com/2026/06/trump-iran-ceasefire-memorandum-israel <https://jacobin.com/2026/06/trump-iran-ceasefire-memorandum-israel>*
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