Chris Johns

The cynic, the skeptic, dare I say the conspiracy theorist in me, says that this is just the normal manipulation of the oil market over the weekend.

We've seen multiple times since this war started, which is that something is announced or hinted at.

on social media by President Trump or one of his team, which gets the oil price up or down on the Monday, and then something comes in to reverse it, and the oil price goes in the other direction.

And there have been lots of suggestions, lots of data published to suggest that somebody somewhere, God knows who, is making a lot of money from what looks like oil market manipulation.

As I say, that could be a conspiracy theory, and I shouldn't really go there, should I?

But...

That deal is perhaps the most substantive remark that Luntz made there.

It's not a deal.

It's a memorandum of understanding.

This thing that they are talking about is a one-page document.

Now, the other agreement with Iran that was reached under Obama...

over their nuclear materials, enhanced missile, whatever program, ran to hundreds of pages and took years to negotiate.

This is about a one-page document, an MOU, and they're still rowing about a one-page document.

And this one-page document essentially amounts to Trump's surrender to Iran.

And I think we should all keep sight of that simple fact.

This is Trump saying, I surrender, because the Iranians are going to get everything that they want.

They may make some vague remarks about we'll talk in the future.

This is what the MOU will eventually come up with if it comes up with anything.

which is the Iranians will agree to talk about the enhanced enriched uranium.

They will not, in this memorandum of understanding, agree to hand it over.