Against Iran, Trump has not won. Trump, certainly, has not lost either. The same could be said of the ayatollahs' regime, which has seen its leadership decapitated, but has responded by extending the conflict throughout the Middle East, especially to the crucial energy enclave of the Strait of Hormuz. The fairest verdict would be a draw, a tie, but a tie from which almost everyone for now – with the sole direct exception of Israel and indirect exception of Russia – has emerged worse off: the United States has not achieved the much-proclaimed change of regime in Tehran, Asia has suffered a very serious energy shortage, a hesitant Europe this time has remained on the sidelines of the calls to action from its American friend while seeing Ukraine's position weakened against Moscow, the Arab monarchies of the Gulf have lost their tourist-financial glamour and, of course, Iran has suffered a very severe attack on its political system and infrastructure.