Trump chickens out on Iran deadline – The Latest

In this episode, The Guardian's diplomatic editor Patrick Wintour analyzes the recent developments in US-Iran relations, particularly surrounding military actions and ongoing negotiations about the Strait of Hormuz. President Trump announced that he'd postponed military strikes on Iranian targets, claiming productive talks had taken place. However, the Iranian side remains unclear about these discussions, pointing towards indirect communication through intermediaries like Oman or Turkey.

The conversation touches on how the Iranian regime, despite facing significant losses, maintains a resilient front, with no signs of fracturing under pressure. The episode emphasizes the importance of the Strait of Hormuz, noting that it remains under Iranian control, with negotiations ongoing for allowing some national vessels to pass. Wintour notes that Trump's erratic decision-making adds to the unpredictability of the situation, particularly given the high stakes involved for the Middle East and global oil prices.

Overall, the discussion presents a complex landscape of threats, negotiations, and military postures, with a range of responses expected from both the US and Iran in the face of escalating tensions. The pressing question remains whether any formal resolution can be achieved in the near future, amid a backdrop of rising oil prices and potential geopolitical instability.