Rajan Menon

Yes, it was touch and go for a while, Sam, because the Iranians wouldn't say anything and they raised some doubts about whether it would be signed.

It's not clear whether that was just to put pressure on Trump to make him look bad or, and there's some indication of this, that there are divisions within Iran itself.

over the agreement because some of the hardliners think it gives away too much.

But yes, they have said now that they've reached an agreement.

Correct.

And I have no idea what Vance means.

I mean, the White House spin machine is in full gear now.

I have no idea what Vance means by transforming the

Middle East for years to come because before the war started, the Strait of Hormuz was open and free for shipping.

And now Trump has announced, well, I am pleased to authorize the opening of the Straits of Hormuz.

He can't authorize anything.

It's because the Iranians

have agreed to allow shipping through, but they have made it clear, and Trump doesn't mention this, that it will be under the shared authority of Oman, which is on the other side of the Gulf, and Iran.

There's some talk of whatever they call it, fee, toll, or what have you.

There'll be some fee levied

on ships that go in and out.

And that was a degree of control that they never had before and never really thought they would have.

He says many things which the Iranians then contradict promptly.

But they have the advantage of geography and they have the advantage of control.

It ends the war.