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Trump Holds All the Cards as Iran Ceasefire Deal Awaits Final Approval

After decisive U.S. strikes against Iranian military assets, the regime is forced to the table while global energy markets react to American strength.

Foreign PolicyPublished May 28, 2026 at 2:45 PM
An attendant at a petrol station is pictured filling a car with diesel in India.

The global energy market is finally feeling the impact of a firm American hand, as oil prices retreated following reports of a potential ceasefire deal between the United States and Iran. This development comes on the heels of decisive U.S. military strikes against Iranian targets in Bandar Abbas, a strategic port city.

The strikes, which Washington correctly identified as necessary acts of self-defense, targeted missile sites and hostile vessels attempting to mine the Strait of Hormuz. By neutralizing Iranian drones and missile threats, the U.S. military has made it clear that the regime’s attempts to strangle global energy supplies will not be tolerated.

While Tehran has predictably labeled these defensive maneuvers a violation of previous agreements, their sudden interest in a ceasefire speaks volumes about the effectiveness of the Trump administration’s 'peace through strength' approach.

Brent crude, which had spiked to $120 a barrel due to the instability caused by the Iranian-led closure of the Strait of Hormuz, has since moderated.

President Trump has wisely opted to take the time necessary to review the terms of this deal, ensuring that any agreement serves American national interests rather than providing a lifeline to a hostile, terror-sponsoring regime.

As the situation remains fluid, with reports of regional missile activity in Kuwait, the message from Washington remains consistent: the U.S. will continue to protect its troops and global shipping routes from Iranian aggression.

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foreign-policyirantrumpenergynational-security

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