Nate Swanson: Watch for a “delta” between the MOU’s aspirations and a final deal

Matthew Kroenig: Defanging the Iranian regime in exchange for higher energy prices was a good trade

Landon Derentz: Don’t be so sure about a fast return to normal for energy markets

Josh Lipsky: These are the big questions markets—and US allies—will now want answered

Victoria J. Taylor: The war’s tactical achievements have not amounted to strategic success

Danny Citrinowicz: The end not just of war, but also of a strategic assumption about regime change in Iran

Daniel B. Shapiro: It’s way too early to compare Trump’s Iran deal with Obama’s