
Within hours on Tuesday, US President Donald Trump went from threatening to annihilate Iran’s civilization to announcing a ceasefire with Iran and a potentially bright future for the Middle East where “big money will be made”.
The deal would see the Strait of Hormuz reopened—presumably under Iranian control, a condition which did not exist prior to the war as the strait was seen as an international waterway—in exchange for a two-week pause in bombing, during which Washington and Tehran would negotiate a broader agreement to end the war.