Latest / The Morning Edition / Donald Trump says he has a peace deal with Iran. But does he?
Transcript
- 0:07S1: What have Iran and the United States actually agreed to
- 0:10S1: in this memorandum of understanding that the two countries announced
- 0:14S1: over the weekend? I'm Samantha Salinger Morris, and you're listening
- 0:18S1: to The Morning Edition from The Age and The Sydney
- 0:20S1: Morning Herald. Today, international and political editor Peter Hartcher helps
- 0:25S1: break it down for us to work out if it's
- 0:28S1: a peace deal, a cease fire or something else entirely.
- 0:33S1: It's June the 18th. Peter, welcome back to the podcast.
- 0:40S2: Pleasure, Samantha.
- 0:41S1: Okay, Peter, let's start off with what are the main
- 0:43S1: takeaways from this memorandum of understanding that the US and
- 0:47S1: Iran have settled on over this war? Trump has called
- 0:50S1: it a peace deal. Is it?
- 0:52S2: No it's not. The first thing about the memorandum of
- 0:55S2: understanding is that we haven't seen any memorandum of understanding yet.
- 1:01S2: They tell us that they'll publish it after they've formally
- 1:04S2: signed it. So everything we say about it is based
- 1:07S2: on statements from the protagonists and assumptions and expert interpretation.
- 1:13S2: It's the first thing. So we have to qualify everything
- 1:15S2: we say with that. The second thing is, no, it's
- 1:19S2: certainly not a peace agreement. All it does and this
- 1:22S2: is really important. It does, at least in principle, restore
- 1:27S2: the flow of oil, all the big issues which are
- 1:32S2: the supposed cause of this war, and points of contention,
- 1:36S2: plus some more, are left unsettled and are supposed to
- 1:40S2: be settled in a 60 day period of negotiation to
- 1:44S2: follow the signing of this MoU. Should it actually be signed,
- 1:48S2: which is still in some question.
- 1:49S1: And it's meant to be signed on Friday, I believe.
- 1:51S2: Yeah. That's right. In in Switzerland. But let's not let's
- 1:56S2: not miss the um, let's not miss the lead to
- 1:59S2: this story really. This is the best news for the
- 2:03S2: world economy since this war started, because the resumption of
- 2:08S2: oil flow means that the oil price. Well, it's already
- 2:12S2: come down. So remember, before the war, a barrel of
- 2:16S2: Brent crude oil was trading at about 70 USD. It
- 2:20S2: peaked during the war at about 120 USD, with shocking
- 2:24S2: implications for the price. Obviously the price of energy around
- 2:29S2: the world, but also for inflation with inflation going up,
- 2:33S2: erodes people's purchasing power. Everybody gets poorer with inflation, and
- 2:39S2: central banks have to put interest rates up. And as
- 2:41S2: several have done in the past, even in the last week.
- 2:44S2: So that crimps growth. It dampens economic growth. So the
- 2:48S2: war has already been terrible for global inflation and economic growth.
- 2:52S2: And collective worker incomes down by 1.1 trillion USD in
- 2:57S2: the last few months. It's just been disastrous for for
- 3:01S2: the global economy. So this is good news. This restores
- 3:05S2: the flow of oil. It's back down below 80 USD
- 3:09S2: as we speak. So this is a huge improvement. And
- 3:13S2: it's expected to come down more in the months ahead
- 3:15S2: as the full backlog of oil. There are some 500 ships,
- 3:20S2: oil tankers sitting blocked up in the Strait of Hormuz
- 3:23S2: that can now move out and the flow can resume.
- 3:27S2: It'll take weeks, but it is it does seem to
- 3:29S2: be underway. So this is the big news. All the
- 3:33S2: peace strategy, uh, contentious issues between the two of them
- 3:39S2: are still there. The hardest part of this whole negotiation
- 3:43S2: remains ahead. So let's just keep it in perspective. There
- 3:48S2: is no peace deal. This is a temporary agreement, a ceasefire,
- 3:52S2: and a period of negotiation where oil is allowed to
- 3:55S2: flow again. However, whether even that modest improvement is maintained
- 4:03S2: is in question because while the US has lifted its
- 4:06S2: blockade and allowed Iranian oil tankers to start flowing out again.
- 4:10S2: Out of the Strait of Hormuz, just in the last
- 4:12S2: 24 hours. We have reports now from the US through
- 4:16S2: NBC news, that the Iranians are firing drones at commercial shipping,
- 4:23S2: trying to leave the strait, and have been every night
- 4:25S2: since this deal was announced. And the US Navy has
- 4:29S2: intercepted those drones. So they didn't do any damage to
- 4:32S2: commercial shipping. So it's not clear. Are the Iranians insisting
- 4:37S2: that the memorandum is formally signed before they stop harassing shipping?
- 4:42S2: Or is the is the military the IRGC not obeying
- 4:49S2: the the civilian leadership and continuing to wage this war
- 4:55S2: without sanction? These questions remain unanswered. But it's not clean.
- 5:01S2: It's not clear. And to quote the head of the
- 5:04S2: world's biggest shipping liner company and oil tanker company, Mitsui O.s.k. Lines.
- 5:10S2: He said it will take several weeks to see if
- 5:12S2: this deal is. The word he used was material, material
- 5:17S2: or whether it's just more bluster from political leaders.
- 5:23S1: After the break.
- 5:24S2: The Iranians have successfully put a whole new and very
- 5:29S2: difficult set of conditions on US Israel using it as
- 5:34S2: a mechanism to squeeze Israel in a way they've not
- 5:37S2: been able to before.
- 5:49S1: Okay. Well, that hints to, like you said, the lack
- 5:52S1: of cleanliness, I guess, with regards to this deal, just
- 5:54S1: how fragile it might be. And you mentioned, of course,
- 5:57S1: the fact that the thorniest issues that have really kept
- 6:01S1: Iran and the US at odds for decades, they have
- 6:03S1: not been a part of this MOU as we understand it.
- 6:06S1: So I guess just tell us where things are at
- 6:08S1: with regards to Iran's stockpile of enriched uranium and, of course,
- 6:12S1: its proxy war with Israel. Those are yet to be discussed.
- 6:15S1: Is that right? Is there any hints as to what
- 6:17S1: each side has said about where they land on those issues?
- 6:21S2: It remains completely unclear, but we are not hearing any
- 6:26S2: hint that there is any agreed settlement on any point
- 6:31S2: to do with that. No settled agreement. What we do
- 6:35S2: know on the nuclear question is that there are. The
- 6:39S2: most sensitive part is that there's 440kg of highly enriched
- 6:43S2: uranium near weapons grade uranium, which is buried not only
- 6:48S2: in a deep underground vault, but the vault itself has
- 6:51S2: been collapsed by rubble that's fallen extensive debris from the
- 6:58S2: Israeli and American bombing last year. So it's buried deep,
- 7:02S2: difficult to get at. But the US is insisting that
- 7:06S2: it be dealt with somehow removed. There are questions about
- 7:09S2: how to do that, and it's completely unsettled. Trump has
- 7:12S2: said that the Iranians will never be allowed to have
- 7:15S2: a nuclear weapon, and the Iranians have said themselves they
- 7:17S2: don't want a nuclear weapon. But they've been saying that
- 7:20S2: ever since they signed the nuclear Non-Proliferation agreement in 1968,
- 7:25S2: I think it was. So to get the Iranians saying,
- 7:29S2: we promise we're not going to have a nuclear bomb
- 7:31S2: is nothing new and lacks any use or value whatsoever.
- 7:35S2: And if that's as if that's the best they can do,
- 7:37S2: the war has been completely pointless. And on your second
- 7:41S2: point about the proxy militias that Iran has created, funds,
- 7:47S2: operates and directs the the cutting edge of this one
- 7:52S2: is that the Israelis are fighting against Hezbollah, which is
- 7:58S2: a major Iranian proxy militia in Lebanon. The Iranians are
- 8:03S2: saying there is no peace deal until the Israelis stop
- 8:08S2: fighting Hezbollah. However, there's no suggestion that the Iranians are
- 8:12S2: telling Hezbollah to stop firing on Israel. So the question is,
- 8:17S2: can those two countries, which are not participants in this
- 8:20S2: MoU and not participants in the peace talks, be constrained
- 8:25S2: by a set of talks by by the US and Iran? Netanyahu,
- 8:30S2: the Israeli prime minister, has made clear he has no
- 8:33S2: intention of withdrawing Israeli troops from from Lebanese territory. He
- 8:38S2: might reduce the intensity of attacks, but he said they're
- 8:43S2: not going to leave Lebanon. And the Iranians are saying, well,
- 8:46S2: if the Israelis are staying in Lebanon, there's no peace deal.
- 8:50S2: So that's why these are such difficult, so intractable. And
- 8:55S2: on that second point about whether this agreement can apply
- 8:59S2: to the the Iranian proxies and to Israel, this was
- 9:04S2: not an issue in the in the last so-called nuclear
- 9:08S2: deal between the US and Iran. The JCPoA, Joint Comprehensive
- 9:12S2: plan of action that the Obama administration signed in 2015.
- 9:17S2: That deal dealt with the nuclear question quite effectively before
- 9:21S2: Trump tore up the deal, but did not even attempt
- 9:24S2: to include relations between Iran and its proxies and Israel.
- 9:30S2: So what's happened here is that the Iranians have successfully
- 9:33S2: put a whole new and very difficult set of conditions
- 9:39S2: on US, Israel, using it as a mechanism to squeeze
- 9:43S2: Israel in a way they've not been able to before.
- 9:46S2: And they're taking the opportunity of this war and Trump's
- 9:48S2: anxiety to get a peace deal to apply that pressure.
- 9:53S1: Okay. So I hate to be Debbie Downer here, but
- 9:56S1: I just wanted.
- 9:56S2: To I was doing a pretty good job of that.
- 9:57S1: Myself. Well, I'm much trump you because I wanted to
- 10:01S1: ask you on this point, of course, that Israel and
- 10:03S1: Lebanon neither have been a party to this memorandum of
- 10:06S1: understanding discussions between the U.S. and Iran. But as we know,
- 10:11S1: Israel is a key component, right. As to whether the U.S.
- 10:14S1: and Iran can stop hostilities and whether this war can
- 10:16S1: actually end. So looking forward, doesn't this mean that whatever
- 10:21S1: deal the Iranians and the U.S. hash out, it's likely
- 10:24S1: to become unstuck by Israel anyway because Netanyahu has said
- 10:27S1: the struggle has not ended. He's been very defiant. Right?
- 10:30S1: Of course, of wanting to keep the Israeli forces in Lebanon.
- 10:34S1: And then, of course, the Iranians. That's a red line
- 10:36S1: for them. So what hope is there?
- 10:39S2: It looks difficult. It looks very difficult. That's why I
- 10:43S2: suppose it hasn't been settled and why they've given themselves
- 10:46S2: 60 days. These issues are so difficult. It's pretty likely,
- 10:50S2: I think, that the 60 days will expire and be
- 10:52S2: extended again. And they'll continue talking. Yeah. Which takes us
- 10:56S2: back to where we were before this war started. By
- 10:58S2: the way, the US and Iran were negotiating over the
- 11:03S2: nuclear issue and other other questions before the war, and
- 11:06S2: now they're going to return to the negotiations. So you
- 11:08S2: have to really wonder what was the point? What was
- 11:11S2: the point of this war? The Iranians, if they continue
- 11:15S2: to insist that Israel must stop, must stop bombing Lebanon,
- 11:19S2: must stop bombing Hezbollah. Then Donald Trump is going to
- 11:23S2: have to be increasingly strident in the pressure he applies
- 11:26S2: to Netanyahu if he wants to stop the Israelis. We've
- 11:31S2: heard Donald Trump make his most critical, most savagely critical
- 11:36S2: comments of. Netanyahu said that Netanyahu needs to be responsible,
- 11:40S2: that he was using disproportionate force with Hezbollah.
- 11:45S3: I saw that attack. I saw where that bomb went.
- 11:48S3: Did you see what happened? That was not that was
- 11:50S3: a vicious that was too much. You know, you can
- 11:54S3: do too much also.
- 11:55S2: And even said that Israel, without me, Israel would not exist.
- 12:01S3: Without the United States, there would be no Israel. Without me,
- 12:05S3: there would be no Israel because no other president was
- 12:08S3: willing to do what I did.
- 12:10S2: So this is pretty strident rhetoric coming from Trump, as
- 12:13S2: he's getting frustrated with Netanyahu if he hopes to actually
- 12:16S2: stop the Israeli military action against Hezbollah. That's to prevent
- 12:21S2: Israel from protecting itself against an Iranian proxy that is
- 12:24S2: continuing to attack Israel. As Netanyahu is going to an
- 12:28S2: election where he's under tremendous pressure to keep this war
- 12:31S2: going and to defeat Hezbollah. How does Trump accomplish that?
- 12:35S2: What's he going to do it? It is a very
- 12:39S2: a very difficult, to say the least intractable question.
- 12:43S1: And that's just in October, right? This election for Netanyahu.
- 12:46S2: So it has to be by October at the latest.
- 12:48S1: Okay. And just hours before we started recording this on
- 12:51S1: Wednesday morning, Donald Trump said that he hoped the war
- 12:54S1: with Iran would soon be, quote, in the rear view mirror.
- 12:57S1: So we know how he gets tired of wars. You know,
- 12:59S1: similarly to how he was very engaged, I guess, with
- 13:02S1: the war in Gaza and then seemed to tire of that.
- 13:05S1: Is that not the sort of thing that the Iranians
- 13:07S1: might hear and just think, wow, we're primed to get
- 13:10S1: greater concessions out of him?
- 13:12S2: This continues Trump's line of rhetoric that he's been engaged
- 13:17S2: in for two months. American media have counted up all
- 13:20S2: the times he's said that we're very close to a
- 13:22S2: deal with Iran. Maybe tomorrow. In a few days we're
- 13:26S2: nearly finished. Yeah, around 40 times he'd said that. So
- 13:31S2: this has been signaling continuously. The Iranians haven't said a thing.
- 13:35S2: So this has been signaling that he's much more anxious
- 13:38S2: to get out of this war than the Iranians. And
- 13:41S2: that concedes a rhetorical and negotiating advantage to the Iranians
- 13:47S2: that has been underway continuously and continues to this day.
- 13:51S1: Well, Peter, I guess just to wrap up then, speaking
- 13:53S1: about the what seems to be the case that Iran
- 13:56S1: has the advantage over the United States. We know that
- 13:59S1: Trump has just said at the G7 summit in France
- 14:01S1: that the deal he struck with Iran means that Iran
- 14:04S1: will never have a nuclear weapon. Now, obviously, he often
- 14:07S1: says things like this. But meanwhile, I mean, he does.
- 14:10S1: The International Atomic Energy Agency recently reported that Iran is
- 14:13S1: now more likely to acquire a nuclear weapon than it
- 14:17S1: was before the war, presumably because, of course, that would
- 14:20S1: give it the protection against the onslaught that it's just
- 14:23S1: had from the United States. So if you were a
- 14:25S1: betting man, Peter, and I don't know if you are,
- 14:28S1: might Iran emerge from this conflict with a greater ability
- 14:31S1: to deter the U.S. than the U.S. has to deter Iran?
- 14:35S2: I'm not a betting man. There's way too much risk
- 14:37S2: taking in in my line of work already, Samantha. Uh,
- 14:42S2: I don't, uh, well, I think after this war, the
- 14:45S2: Iranians have so demonstrated their ability to coerce the US and, well,
- 14:52S2: the whole world really through the oil mechanism that it
- 14:56S2: would be it'll be a very long time before any
- 14:59S2: American president thinks again about openly attacking Iran, deterring Iran.
- 15:05S2: On the other hand, Iran has never stopped its attacks.
- 15:09S2: The difference is that the Iranian definition of war has
- 15:12S2: been different to the US definition of war. The US
- 15:15S2: definition is kinetic war in the main, uh, you know, bombs, bullets, Missiles.
- 15:21S2: The Iranians have been waging an indirect war, or a
- 15:26S2: hybrid war or a grey zone war or whatever you
- 15:28S2: want to call it. Ever since the Islamic Republic was
- 15:33S2: created after the revolution in 78. So sending assassins or
- 15:39S2: training assassins within the US to kill people. That's why
- 15:44S2: Trump himself was under protection long before he became president,
- 15:47S2: because he was a target. They've they wage cyber war.
- 15:52S2: They wage proxy war against Israel without the Iranians themselves.
- 15:57S2: So there's two different definitions. The Iranians have never been deterred, ever.
- 16:02S2: And I suspect this will only increase their ability to
- 16:06S2: deter the US.
- 16:08S1: Well, thank you, Peter, as always for your time.
- 16:10S2: Pleasure, Samantha.
- 16:21S1: In other news, today the University of New South Wales
- 16:24S1: has toppled the University of Melbourne as the best ranked
- 16:28S1: Australian university in a prestigious ranking survey for the first time.
- 16:32S1: The succession plans of Melbourne's billionaire Fox family are in
- 16:36S1: disarray after the abrupt resignation of Lindsay, Fox's eldest son
- 16:41S1: from the family owned logistics business, Linfox and Kyle Sandilands
- 16:46S1: has reached a $12 million settlement with his former employer,
- 16:50S1: Kiss Radio network owner Arn media. You can read more
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