Ben Tonra

And you've got Marco Rubio, you've got J.D.

Vance literally going around trying to repair holes in their alliance structure in the Middle East that Donald Trump has created.

So I think for Donald Trump, he's on the back foot.

I think the Iranians are in the ascendant.

And in terms of an actual resolution of the dispute, I think all we can really do is trust on the Pakistani efforts to negotiate something that brings this thing to at least to a pause.

Okay.

And maybe Donald Trump meeting Xi next week might help?

That's part of the calculation, particularly in terms of the Straits of Hormuz, because the Chinese are determined that that should be opened, but they are not going to give that win to Donald Trump.