00:00President Trump saying that the U.S. is in negotiations with Iran, signaling that Tehran had offered an unspecified present
00:06related to energy flows as a show of good faith.
00:09Media reports in the U.S. and Israel say a diplomatic push for peace is gathering pace, suggesting the Trump
00:14administration may be seeking a one-month ceasefire.
00:19They have no Navy left. They have no Air Force left. They have no anti-aircraft equipment left, no radar
00:28left, no leaders left.
00:30The leaders are all gone. Nobody knows who to talk to.
00:33But we're actually talking to the right people and they want to make a deal so badly.
00:37You have no idea how badly they want to make a deal.
00:41But all the talk of diplomacy coming at the same time as Iran maintaining its grip on the Strait of
00:46Hormuz.
00:47Israel says its military campaign will continue at full intensity.
00:50The Pentagon is set to be ordering 2,000 troops to the region.
00:54Let's bring up Bloomberg Politics editor Laura Davison.
00:56And Laura, as we speak, the RDF posting on X is saying that they've become another wave of strikes at
01:02targets across Tehran.
01:03So on the balance of things, what do we make of these latest developments?
01:09Well, we have a bunch of mixed messages.
01:11It's clear that markets are listening to what Trump is saying, that there are diplomatic talks that are gaining pace,
01:17reports of this 15-point peace plan that the U.S. reportedly has sent to Iran, as well as perhaps
01:23a talk of a one-month ceasefire.
01:26But we have a bunch of other data points that sort of point to the opposite of rather escalating attacks.
01:31An additional airborne division of U.S. military being sent to the region on top of Marines that are already
01:36on their way.
01:37This successive waves of attacks from the Israelis into Tehran hitting just now.
01:42So there's a lot of different pieces here that this could go either way.
01:46Iran also has not suggested they are engaged in these talks.
01:50Trump has said that the Iranians have offered a present.
01:53Meanwhile, the Iranians have said no such thing.
01:57And it's very difficult for Gulf states to actually intervene in this conflict, right?
02:04What do we know about how ready they might be, especially given that energy infrastructure is being affected now?
02:11Yeah, you know, the Gulf states have been really reluctant to jump into the fray here, you know, citing sort
02:15of longstanding tradition and also just, you know, that Iran is their neighbor.
02:18And even long after this conflict, they will need to, you know, maintain some sort of relations with Iran, uneasy
02:25as that might be.
02:26But because of the sort of the escalating nature of these attacks, that some of their infrastructure, both military as
02:32well as civilian, things like water desalination plants, might be under attack.
02:36They are, you know, the UAE and Saudi Arabia in particular have been, you know, mulling, perhaps jumping into the
02:42fray.
02:42You know, if they feel that their things are in danger, you know, closest diplomatic sources are saying that they
02:47may be willing to jump in.
02:49We've already seen signs that they're willing to do more than they have in recent weeks.
02:52Things like offering up their air force bases, airspace and other sort of tools to help the U.S. and
02:57the Israelis in these attacks.
02:59What's also been an interesting development and pattern is seeing Israel allowing, Iran, I should say, allowing these vessels through
03:06the Strait of Hormuz and through safe passage if they've been sort of deemed on the right side of this
03:12war.
03:14Yeah, this is a really interesting development.
03:16You know, we saw over the weekend an Indian tanker pass and now in the past day or so, this
03:20Thai tanker pass.
03:22Iran has signaled that non-hostile ships, you know, those that are not committing acts of aggression, you know, basically
03:28they're sort of implying essentially non-Western ships can pass through.
03:32They are charging a fee.
03:33They still have very much a clear control over the Strait of Hormuz.
03:36But they, you know, are looking kind of at ways that they can sort of exert their power.
03:40This, of course, is a far cry from what Trump was talking about yesterday and having U.S. and Iranian
03:45joint control of the Strait of Hormuz.
03:47So kind of where both the sides are here could be a very far cry apart.
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