00:00Well, Bloomberg has learned that the U.S. has drafted a 15-point plan to help bring the war
00:05with Iran to a close. The proposal has been delivered to Iran via Pakistan, but details
00:10remain unclear. Meanwhile, President Trump said the U.S. and Iran are in negotiations right now
00:16and signaled that Tehran has offered a present worth a tremendous amount of money as a show of
00:22good faith. Trump spoke to reporters at the White House. I don't like to say this. We've won this.
00:28This war has been won. The only one that likes to keep it going is the fake news. They have
00:33no
00:34Navy left. They have no Air Force left. They have no anti-aircraft equipment left, no radar left,
00:42no leaders left. The leaders are all gone. Nobody knows who to talk to. But we're actually talking
00:48to the right people, and they want to make a deal so badly. You have no idea how badly they
00:52want to
00:53make a deal. The talk of diplomacy comes as Iran continues to maintain its grip on the Strait of
01:01Hormuz, while Israel says its military campaign will continue at full intensity. And the Pentagon
01:08is sending 2,000 troops to the region. For more, we're joined by Bloomberg's Sam Darer in Dubai and
01:14our Washington deputy bureau chief, Laura Davison, who is in Hong Kong right now. Laura, I'm going to start
01:19with you. Just run us through what exactly are the latest developments regarding the U.S.'s diplomatic
01:26endeavors.
01:28Yeah, Trump has been very vocal saying that there's talks going on. He's not really specified who
01:34exactly on the Iranian side the U.S. is talking with, but he said that Marco Rubio and J.D.
01:38Vance
01:38are involved in these talks. We've also reported that there's this 15-point peace plan that the U.S.
01:44has sent to Iran, though it's unclear if Iran is behind this plan or even if Israel is behind
01:49some of this plan. You know, the details of this remain unclear. One thing is certain. Trump has
01:53said publicly that, you know, this deal would include a prohibition on Iran ever obtaining a
02:01nuclear weapon. But beyond that, it's unclear if this is really sort of Trump projecting out into
02:05the world what he would like to see, or if these are more substantive talks that have buy-in, at
02:09least
02:10initially from the Iranian side as well as the Israeli side. And as you noted, there are a sort
02:14of a buildup of troops. The U.S. continues to send Marines and other soldiers to the region, and
02:19Israel today has continued to intensify its attacks. So we're seeing a lot of mixed messages on the
02:24diplomatic front.
02:27Yeah, and let's talk about the Iranian side of things. Sam, it's interesting. In the introduction
02:32to this, we were just playing some comments that came through from President Trump, and he said
02:36there's no leadership left in Iran. So if he's saying that, then it becomes a question of who
02:41exactly are the U.S. engaging with, with these diplomatic channels? And do we understand better
02:48what conditions the Iranians are setting in order to proceed with talks?
02:53Thank you, Shumana. But he also said we're talking to the right people in the same breath.
02:57So obviously, I mean, just to pick up on what my colleague Laura said, there's still a lot of
03:01uncertainty over, you know, who on the Iranian side would be participating, you know, how these
03:07negotiations would be structured, ultimately the deal itself. But I mean, from various sources,
03:13we hear, you know, the focus is on two men on the Iranian side, the powerful Speaker of Parliament,
03:20Mohamed Bagir Galibaf, and the Foreign Minister, Abbas Arakshi, who's obviously a much more well-known
03:27entity in the West. He'd been, you know, leading the negotiations before the war. And Galibaf,
03:34interestingly, posted on X, you know, when Trump came out and said that the Iranians were talking
03:38to the Americans, he denied it. But he also said that Iranian people, I mean, I'm reading what he's
03:44saying, what he said, people, Iranian people demand complete and remorseful punishment of the aggressors.
03:49That was in his post on X. And my understanding and our understanding from various sources is that
03:56Iran is looking for legally binding guarantees that the U.S. and Israel won't attack it in the future.
04:03They're looking for billions of dollars in reparations. They're looking for sanctions relief.
04:09They're also floating the idea of U.S. withdrawal from the region, you know, military withdrawal from
04:16the region. Obviously, these are all big asks. But ultimately, I mean, also, to mention the Strait
04:24of Hormuz, they want to formalize control over the Strait of Hormuz, which is a big ask, obviously.
04:32But ultimately, for the Iranians, I mean, just for them to come out and say, we've survived this,
04:37you know, we've survived this war. And it was from their perspective, President Trump was the one
04:42that blinked first.
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