Not true. There is a third option. Trump "loses" the war but simply doesn't admit it. He claims the U.S. won the war. Heck, he's already announced that we've won several times already.

My mistake. In my post, I wrote about this as if it were something that were going to happen. I didn't realize at the time of writing that he had already done it:

“We’ve already won, but I want to win by a bigger margin,” Trump told Newsmax’s Greta Van Susteren.

“We’ve destroyed everything. If we leave right now, it will take them 20 years to rebuild, if they ever could rebuild, but it’s actually not good enough,” the president said. “We have to have guarantees they will never have a nuclear weapon.”

thehill.com - Donald trump iran war won margin

According to the Administration, the war ended on April 7, and we won it. True, we didn't achieve our war objectives: Iran has not agreed to give up their nuclear ambitions, they still have all their enriched uranium, there no "guarantees" (that Trump says we have to have) in place to keep them from getting a nuke in the future (much less any monitoring or enforcement framework to make sure such an agreement was abided by), they still have more than a thousand or so missiles and a higher proportion of their drone resources, and (of course) the strait of Hormuz is still closed. But that's winning, per the President.