An Iranian Oasis or The Real Deal? – Top 3 Takeaways – August 3rd, 2026

Iran wants to play this out past the midterms at a minimum to hurt President Trump politically as much as possible. But do they have the ability to do such a thing? As I’ve said right along...price is truth – so pay attention to the price of WTI crude – it’ll tell you most of the story in the day-to-day from here. The history of this conflict, and the inability to trust 12th-Imaming terrorists with any kind of a deal suggests this oasis is a mirage. However, the underlying factors suggest it just may be possible that what’s on the horizon is one of the 494 Iranian oases.