A deal ending the Persian Gulf war is imminent; Iran, surprisingly resilient despite US aims of regime change, is dictating terms. The agreement lifts blockades, reopens the Strait of Hormuz with new tolls, extends a ceasefire, and lifts sanctions, enabling Iranian oil sales and asset unfreezing. The author contends this conflict highlights significant limits of US power and unilateralism under Trump, directly contradicting his goals. Instead, it has inadvertently strengthened Iran and benefited China, signaling a rebalancing of global influence, offering critical lessons for US allies.