The Business of War
The Business of War The logic of greed. Friday marks a legal deadline for Trump, after which he should be required to wind down US military operations around Iran. But according to Trump, he already has: The president wrote in a letter to Congress on Friday that the Iran war was “terminated” thanks to the US-Iran ceasefire, which remains in effect with no firm deadline. “There has been no exchange of fire between the United States Forces and Iran since April 7, 2026,” Trump wrote in the letter. “The hostilities that began on February 28, 2026, have been terminated.” Is it true? Not really, from all evidence available. While the US and Iran haven’t been engaged in the kind of full-scale hostilities that marked the early weeks of the conflict, a US naval blockade of the Strait of Hormuz is still in place. (Last month, the US even fired on an Iranian-flagged ship allegedly attempting to violate the blockade — in Trump’s words, “blowing a hole in the engine room.”) US forces also remain i...