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Fortune
Fortune
Robert Hormats

Trump has already endorsed the Monroe Doctrine. Now he needs to endorse the Truman Doctrine

trump (Credit: Tasos Katopodis/Getty Images)

It could hardly have escaped notice in the White House, and even more so in the Kremlin, that the Iran War has provided an enormous windfall to Russia — raising oil prices, eliminating sanctions on Russian oil sales, creating new tensions within NATO, and preoccupying American strategic attention and forces.

Lest Putin seize upon these developments as an opportunity to intensify his aggression against Ukraine (which is highly likely given his recent behavior) and feel even more emboldened not to negotiate a constructive outcome, this would be an ideal moment for President Trump to move boldly to disabuse him of such notions.

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