The Morning Brief — March 21, 2026
Trump Says U.S. Considering ‘Winding Down’ Iran War — And Hormuz Is Someone Else’s Problem
Twenty-one days in, Trump is signaling the objectives are nearly met and the Strait of Hormuz can be somebody else’s headache — specifically, the somebodies who actually depend on it for their economic survival. That’s not isolationism, that’s arithmetic: if Europe and Asia need that waterway open, they can chip in something more than strongly worded statements. Meanwhile, Bessent is easing oil sanctions to kneecap Iran’s leverage over global supply — which is the kind of economic judo that doesn’t require a single additional Marine.