Episode
'Let the oil flow!' Can US and Iran actually strike a lasting deal?
- Podcast
- The Debate
- Published
- Jun 15, 2026
- Duration seconds
- 2576
- Processing state
not_requested
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Summary
If Donald Trump calls it a peace deal, does that make it so? '"Let the oil flow," trumpeted the US president after agreeing on the day of his 80th birthday to a memorandum of understanding with Iran. Trump was quick to schedule a signing ceremony for this coming Friday in Switzerland, across from where he's flown in for a G7 summit on the French side of Lake Geneva. We ask what's actually in the memorandum of understanding brokered by Pakistan and Qatar , and whether the uncertainty is well and truly lifted for the world's biggest maritime choke point, the Strait of Hormuz . Will Iran continue to charge for passage? Will the Gulf states pay the US protection money, as Trump insinuated in a New York Times interview? Read more What we know about the US-Iran memorandum of understanding Are Europeans right to volunteer naval patrols? And what should those signatories of the 2015 UN-brokered nuclear agreement make of vague US promises of a new deal with Iran? Everything was done to accommodate the US. Hosts France even pushed back the G7 summit by a day so Trump could enjoy his birthday festivities in Washington. How accommodating should allies be going forward? Produced by François Picard, Rebecca Gnignati, Juliette Laffont, Ilayda Habip, Charles Wente.