Ann Arbor (Informed Comment) – The Iranian government continues to dicker with the Trump administration about the final form of a Memorandum of Understanding (MOU) that would bring an end to the current standoff at the Strait of Hormuz, which threatens the world’s energy. The US has long been banking on its counter-blockade of Iranian traffic through the Strait to bankrupt Iran and throw the country into chaos. While the Iranian economy has cert…