Greg Myre

We still don't have a venue fixed.

Pakistan is a venue that's been raised.

So a lot of uncertainty here.

There does seem that these intermediaries, Pakistan, perhaps other countries in the region, are trying to help set up some actual face-to-face talks.

But it seems the discussions at this point have been indirect, and we're trying to get to the point of some face-to-face or almost face-to-face meetings.

Yeah, Miles, before I get to the options, I want to sort of make a point about the phrase off-ramp, which is what everybody is using.

And I think we kind of understand what the meaning is, a way to end the war.

But literally, when I think of an off-ramp, I think I'm driving down the highway.

I'm low on gas.

I'm looking for an off-ramp to fill up at the gas station.

It's a minor inconvenience you need to deal with.

We're talking about a war that really is going to reshape the region.

We don't know how it's going to end, what the circumstances will be.

So it's not just simply an off ramp in the sense that, yeah, hopefully this fighting can stop soon.

We're talking about this reordering, reconfiguration in the Middle East.

So we're talking about a solution to a major conflict, not just an off ramp.

Now, in terms of options...

Most wars end with negotiations, and you don't see a clear battlefield solution right now.

But you see two sides that are very, very far apart, not only in the goals that were stated initially, but now President Trump would really need to open the Strait of Hormuz, a problem that did not exist, in fact, for decades before this war.

That had always been something looming out there that could gum up the oil markets and the global economy.