By Noah Rothman
Wednesday, July 15, 2026
Those who predicted that Trump would slink away from the
war he started had ample evidence in support of that conclusion. The
president’s special brand of inconstancy, the public’s distaste for the war and
its consequences, and the capabilities Iran held in reserve would conspire,
they presumed, to force Trump to abandon his objectives and settle with his
Iranian adversaries.
Even today, that scenario cannot be ruled out. Trump
reserves the right to declare victory and retreat. But he hasn’t yet.
Trump did not allow the disastrous memorandum of
understanding (MOU) to plod along, extending it indefinitely as its 60-day
deadlines elapsed without signs of progress at the negotiating table. And the
resumption of hostilities in the Middle East has not brought about the
apocalyptic sequence of events that some feared Iran would inaugurate.
As of this writing, the United States has conducted five
straight days of regular sorties, including daylight raids, over Iranian
targets. The Iranians have responded in kind, but they are not striking
critical civilian infrastructure in the Gulf region — power plants,
desalination facilities, or the oil and gas infrastructure sites that it
attacked during Operation Epic Fury. A spike in global energy prices has
accompanied the renewed shooting, but Brent crude has not jumped as it did at
the war’s outset. “Brent remains well below levels that previously triggered
notable stress in equities and credit,” one industry analysis observed.
Iran’s reluctance to deploy all the means at its disposal
is a telling development. It would be a mistake to conclude that the regime’s
remnants are of one mind on how to confront the U.S. It’s obvious, for example,
that the regime did not intend to force Trump to withdraw the waivers that
allowed Iran to sell its oil and petroleum derivatives on the open market for
U.S. dollars. Its farcical attempt to blame its attacks on commercial ships on rogue elements within the Islamic Revolutionary Guard
Corps, for example, is indicative of that.
Moreover, a full appraisal of the damage the regime
absorbed during the high-tempo combat phase of this war might have clarified
the thinking in Tehran. “Iran’s economy is severely weakened; its nuclear
facilities are buried under rubble, and its top nuclear scientists are dead;
its leadership appears divided over whether to do a deal with the United
States,” read Washington Post columnist David Ignatius’s summary of Iran’s predicament.
And, from the Iranian perspective, there’s little light
at the end of this tunnel. The resumption of the blockade in concert with the
Treasury Department’s victorious prosecution of primary and secondary
violations of the sanctions throttling the Iranian economy will continue to
limit Iran’s freedom of action. Meanwhile, air strikes on Iran’s air defense,
radar systems, fast boats, anti-ship missiles, and drone launch sites will
gradually strip Iran of the tools it uses to hold the global economy hostage.
And yet, if Iran is pulling its punches, so, too, is the
United States. While the U.S. has attacked some Iranian targets deep within the
interior of the Islamic Republic, most of its strikes have been limited to the
Strait of Hormuz and the surrounding coastline. That reflects the campaign’s
limited objectives as well as the president’s efforts to use force as a
signaling mechanism — negotiations by other means.
Unnervingly, the president still exhibits all the
apprehension and self-doubt that produced the MOU in the first place.
The president wants the world to know that he is prepared
to execute a “massive offensive” against Iran in the coming days. “We’re
going to knock out all their power plants. We’re going to knock out all their
bridges,” the president warned — a threat he’s issued many times before but never executed. “I’ll save the
energy targets for last, but ultimately we’ll hit energy targets,” Trump
explained. “I don’t want to negotiate now,” Trump said, even as he stressed that U.S. strikes would get
worse “unless they get to the table and negotiate.”
If the time for talk was over, Trump would be doing a lot
less talking.
For three months, the president has done everything in
his power to avoid a return to major combat operations against Iran. Perhaps
inadvertently, Trump has now stumbled into a combination of tactics — the
blockade, the sanctions, the selective strikes, and the prospect of tangible,
irreplaceably vital rewards for the regime’s more cooperative elements — that
could, with time, prove coercive. But we now have ample evidence to conclude
that Trump does not have the patience for that.
Not only do we already know what Trump’s pain threshold
is; the Iranians know it. He encounters it when Brent crude crosses the
$110/barrel mark. The lack of resolve the president displayed leading up to and
throughout the cease-fire provided the Iranian regime with every incentive to
hold out. And Trump doesn’t have the stomach to make the case to the American
public for a prolonged siege of the Islamic Republic. He won’t level with them
about what that initiative would entail, the burdens it would impose on them,
or the rewards America would derive from the neutering of this perennial threat
to U.S. security and that of our allies.
When he addresses the nation in prime time on Thursday
amid the resumption of hostilities in the Gulf, with all the attendant
hardships, Trump will reportedly devote only some of that speech to the war
with Iran. He also reportedly intends to talk up the SAVE Act, which his
own party’s members have repeatedly told him is going nowhere. And, apparently,
the only point of this digression is to reintroduce the lunatic notion that the
2020 election was marred by outcome-altering illegality.
Trump just cannot summon the single-minded steadfastness
that is required to garrote the regime, liberate the Iranian people, and
facilitate America’s pivot from the Middle East to other vital strategic
theaters around the globe.
If Trump were committed to staying the long course he’s
set for himself, there is a theory of victory at the end of it. But he’s
probably not. And if he’s not — if this endeavor is destined to end in yet
another de facto capitulation when energy prices spike and the GOP’s political
standing degrades — Trump should spare the country another protracted
humiliation and rip the Band-Aid off now.
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