Katty Kay

There was some breaking news.

I just came back from Morning Joe and there's some breaking news about Iranian ships, Iranians possibly firing on American ships and a UAE marked tanker and some confusion about what exactly happened.

But I think we are in a moment where Donald Trump is stuck between war and peace.

And he is trying to get out, but it's not clear that the Iranians are going to let him get out.

And there is an assumption in the White House that economic desperation will make the Iranians come to the table and negotiate.

And it's possible that that's the case.

They are putting forward proposals that so far have been rejected.

But there's also a possibility that I'm hearing from Iran experts, which is that economic desperation actually makes the Iranians lash out, which could lead to escalation.

And I think what's interesting about what we saw today after Donald Trump had announced this

operation freedom to try and get these tankers out of the Straits of Hormuz and liberate them so they can go back to their countries because they've been stuck there now for a couple of months.

What we saw today was an indication of how quickly things can happen when you're in a war situation, which whatever the president says, America's in a war situation, and you don't quite know which way it's going to go.

You can have unintended consequences.

And it's possible that the warship was not struck.

It's possible that these were warning shots fired by the Iranians.

But it's possible that this carries on and we do get somebody being struck and then you get retaliation and then you get escalation.

Meanwhile, gas prices going up, the president's approval ratings going down.

Where is Donald Trump and where's his head this Monday morning, Anthony, do you think?

So will the UAE, by the way.

I think those are the options.

Basically, this will end through negotiation or through escalation.