The Daily Herold: 6/17/26 - Iran Deal Decoded, McDonagh on Energy & DNI Chess Match
Jon Herold comes in Wednesday with a guest and a document to dig through. Tech investor Matthew McDonagh joins to make the case that energy, not labor, is now the central lever controlling global power, framing the Strait of Hormuz blockade and the Iran conflict as moves in a larger energy dominance struggle against China. Jon then reads through the full leaked 14-point US-Iran memorandum of understanding line by line: the naval blockade lifts immediately, Iran gets its own frozen money back rather than new American cash, a $300 billion rehabilitation fund comes structured as financing rather…
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