4-Points & Progress w/Iran & Momentum is on the Right Around the World – Top 3 Takeaways – June 23rd, 2026
Takeaway #1: A good foundation
As discussed on Monday’s show...the news flow over the weekend pertaining to Iran, and the actual developments and outcomes with Vice President JD Vance’s negotiations with Iran were totally different. Specifically, the news flow was awful. The outcomes weren’t awesome but in the words of VP Vance as he made his way back to the United States – the weekend’s peace talks created “a good foundation for a successful final deal”. Specifically, Vance outlined four key points for positive change that were agreed to. They were these...1) Establishing a mechanism for keeping the Strait of Hormuz open 2) Coordination for a sustained ceasefire between Israel and Hezbollah in Lebanon 3) An agreement on IAEA inspections (nuclear program inspections) 4) A process for the technical negotiations that remain. Vance also addressed the reporting, which included a lot of fake news over the weekend. Specifically, he said this about how things went down: Yes, there was a little bit of threatening, there was a little bit of whining, but at the end of the day, the talks continued and we made great progress. The final deal is the house. We set the foundation. We haven’t built the house, but we’ve laid a successful foundation to get to a good place for the American people. And it was about at the point when Vance articulated those points that we also had the breaking news that the U.S. Treasury Department had lifted sanctions on Iranian oil sales for 60-days. That’s big deal for a lot of reasons that also provides a heck of a lot of incentive for Iran to do it’s part to keep peace talks on course but also to importantly keep the Strait of Hormuz open. Iranian sanctions date back as far as the Iran hostage crisis in 1979 – with most of the modern oil sanctions that have been in place having been in place since 2010. For perspective on how big of a deal this is for Iran – 83% of Iran’s oil sales were stopped by U.S. due to sanctions and the recent blockade. The difference is over 1.2 million barrels of oil per day – which is also now set to flow back into the global market, adding supply and helping to reduce prices in the process. And right on cue what happened? Oil prices fell another two dollars per barrel in the $74 range to the lowest price since March 3rd. VP Vance also addressed concerns about the use of potentially unfrozen Iranian funds as the process moves along. According to Vance: If Iranian assets are ever unfrozen, they're going to go to make American farmers richer and to feed the Iranian people. In other words, any unfrozen Iranian money will be freed with conditions that they use it to buy American goods. Vance said... That's a very, very good and very classic Trump deal. That's great for our people, great for the people of Iran.
Takeaway #2: This entire process towards a deal is being done on a trust but verify basis...
...meaning that this won’t be anything akin to an Obama 2.0 type of deal with Iran getting the goods without accountability. In more positive news yesterday, Turkey said they were ready to back the U.S. - Iran deal
At the same time Israeli Prime Minister Benjamin Netanyahu sang a similar tune on Monday saying... My directive, and that of the Minister of Defense, to the IDF is clear and has not changed: Our fighters in southern Lebanon have full freedom of action to thwart any direct or developing threat to them or to the residents of the North. As I mentioned yesterday...Israel is the key and the MOU is not popular in Israel. The negotiations the Trump administration has with Israel from here could potentially be as complicated as the negotiations with the Iranian terrorists from here. Meanwhile...
Takeaway #3: Conservatism is winning
It took Labor Party leftist and open borders specialist Keir Starmer less than two years to flunk out of office as Brits have been throwing fits about how the country has been run. In recent local elections conservatives beat liberals by nearly two to one to bring about the pressure campaign by Labor to attempt to bring on a new prime minster. The Left is on the ropes in England, as they should be. But more impressively is what’s been happening in places like Argentina, Chile and now Columbia where candidates who run on free market ideas with law-and-order policies are winning. Argentina’s Javier Milei was the first Trump-like figure to lead the way for Central and South America, but these days he has company. Last December, Chile’s most conservative presidential candidate Jose Kast, not only won the presidentcy, but brought about the largest conservative majority in the country’s history. This past Sunday Columbia voted for Abelardo De La Espriella, breaking from a socialist president to one who ran on a platform of cutting the federal government by 40%, enforcing laws and building ten mass prisons to clean up the streets cracking down on illegal immigration and drug cartels, free markets including drilling for oil and doubling energy production. Conservatism is winning in a way it never has in places it never has. This is taking place while open borders, and weak law enforcement leftists are losing and continuing to fail where they are in place. This is an encouraging trend that just may hold the potential to have legs in this country in November. With redistricting in place favoring Republicans, and with the potential for an Iranian peace deal in place with lower energy prices and inflation on their way – momentum is on the right around the world.