1 00:00:00,080 --> 00:00:01,960 Speaker 1: So as the idea goes, the bombing over the next 2 00:00:02,040 --> 00:00:04,520 Speaker 1: day or so, we'll see the end of the Iranian regime. 3 00:00:04,559 --> 00:00:06,680 Speaker 1: Those not dead will surrender and the people will take 4 00:00:06,680 --> 00:00:09,680 Speaker 1: control of their country. Iran meantime has promised a response 5 00:00:09,720 --> 00:00:12,280 Speaker 1: for the ages. So where are we actually at. Greg 6 00:00:12,320 --> 00:00:15,200 Speaker 1: Carlstrom is the Middle East correspondent at the Economists Political 7 00:00:15,240 --> 00:00:19,159 Speaker 1: author enders with us. Good morning, Greg, Thanks for having me. 8 00:00:19,280 --> 00:00:22,360 Speaker 1: What's your timeline to see whether this from the United 9 00:00:22,400 --> 00:00:24,040 Speaker 1: States point of view is working or not. 10 00:00:25,280 --> 00:00:27,720 Speaker 2: It's honestly hard to say at this point because it 11 00:00:27,760 --> 00:00:32,240 Speaker 2: is hard to say what the Americans would consider working. 12 00:00:32,280 --> 00:00:35,640 Speaker 2: I mean, we've heard wildly different stories from Donald Trump 13 00:00:35,680 --> 00:00:39,560 Speaker 2: about what he's trying to achieve here. His video message 14 00:00:39,560 --> 00:00:44,880 Speaker 2: announcing the war on Saturday morning suggested that the aim 15 00:00:45,080 --> 00:00:47,519 Speaker 2: was regime change, that he wanted Iranians to come out 16 00:00:47,520 --> 00:00:51,479 Speaker 2: into the streets and overthrow the government and take control 17 00:00:51,760 --> 00:00:54,440 Speaker 2: in Iran. But then in an interview with The Atlantic 18 00:00:54,520 --> 00:00:57,520 Speaker 2: magazine that was published just about an hour ago, he 19 00:00:57,600 --> 00:00:59,560 Speaker 2: said that the Iranians want to talk, and so he's 20 00:00:59,600 --> 00:01:01,600 Speaker 2: going to talk to them. Maybe there's a diplomatic deal 21 00:01:01,640 --> 00:01:04,040 Speaker 2: that he can make with this regime that just a 22 00:01:04,120 --> 00:01:08,119 Speaker 2: day ago he was suggesting to overthrow. So I think 23 00:01:08,120 --> 00:01:11,560 Speaker 2: it's hard to assess whether this is successful or not 24 00:01:11,600 --> 00:01:14,800 Speaker 2: from the American perspective because it's not entirely clear what 25 00:01:14,840 --> 00:01:15,800 Speaker 2: the Americans want. 26 00:01:16,000 --> 00:01:19,040 Speaker 1: What's the ability of Iran to fight back? They're saying, 27 00:01:19,240 --> 00:01:21,640 Speaker 1: I know the President was on television suggesting he was 28 00:01:21,640 --> 00:01:25,720 Speaker 1: crushing us bises. I'm assuming that's not true. What's their ability. 29 00:01:27,560 --> 00:01:28,559 Speaker 3: That is not true? 30 00:01:29,000 --> 00:01:33,240 Speaker 2: We've seen Iran du for the most part is two things. First, 31 00:01:33,360 --> 00:01:37,640 Speaker 2: they have launched ballistic missile of volleys at Israel, similar 32 00:01:37,680 --> 00:01:39,840 Speaker 2: to what we saw during the war last summer, but 33 00:01:40,360 --> 00:01:43,440 Speaker 2: I would say notably, these volleys have been much smaller. 34 00:01:43,480 --> 00:01:47,040 Speaker 2: Whereas in June they were firing scores of missiles at 35 00:01:47,040 --> 00:01:50,760 Speaker 2: a time, hundreds a day, these have been some times 36 00:01:50,800 --> 00:01:53,920 Speaker 2: barrages of only a few missiles, and the damage has 37 00:01:54,000 --> 00:01:56,800 Speaker 2: been much more limited inside of Israel. 38 00:01:57,120 --> 00:01:59,120 Speaker 1: As far as the fight back, we were talking about 39 00:01:59,120 --> 00:02:02,840 Speaker 1: a moment ago with a that's limited. The Dubai situation though, 40 00:02:02,920 --> 00:02:07,000 Speaker 1: and some of the other UAA areas, does that worry 41 00:02:07,080 --> 00:02:13,000 Speaker 1: the world if it's outside of Israel, it does? 42 00:02:13,240 --> 00:02:16,560 Speaker 3: I think for a couple of reasons. One is the 43 00:02:17,000 --> 00:02:19,800 Speaker 3: economic impact in the Gulf. I mean, these are countries 44 00:02:19,880 --> 00:02:23,880 Speaker 3: that have built a reputation on being oases of stability 45 00:02:23,919 --> 00:02:28,239 Speaker 3: in a very turbulent region, and so missiles and drones 46 00:02:28,480 --> 00:02:32,160 Speaker 3: booming overhead. It's bad for business, it's bad for travel, 47 00:02:32,200 --> 00:02:35,399 Speaker 3: for tourism, for all of the things that are integral 48 00:02:35,600 --> 00:02:38,560 Speaker 3: to these countries' economies. And then the other fear is 49 00:02:38,600 --> 00:02:41,600 Speaker 3: what it might mean for oil prices. We've seen some 50 00:02:41,760 --> 00:02:46,080 Speaker 3: indications of tankers being reluctant to travel through the Strait 51 00:02:46,120 --> 00:02:49,959 Speaker 3: of Hormuz, which is the narrow waterway that passes near 52 00:02:50,120 --> 00:02:52,920 Speaker 3: Iran meeting out of the Persian Gulf. And there's a 53 00:02:52,960 --> 00:02:55,360 Speaker 3: fear that when oil markets open in a few hours, 54 00:02:56,040 --> 00:02:58,720 Speaker 3: we're going to see a spike in prices because of 55 00:02:58,840 --> 00:03:01,400 Speaker 3: concerns that supply might not be able to get the 56 00:03:01,440 --> 00:03:02,160 Speaker 3: global markets. 57 00:03:02,520 --> 00:03:04,160 Speaker 1: Could it be? And I as interest in your comments 58 00:03:04,160 --> 00:03:06,480 Speaker 1: a couple of moments ago, and when we talk about negotiation, 59 00:03:06,560 --> 00:03:08,800 Speaker 1: the bloke from Amman was in Washington meeting with JD. 60 00:03:08,960 --> 00:03:12,079 Speaker 1: Vance on Friday. He seemed optimistic the talks were going someplace. 61 00:03:12,560 --> 00:03:15,840 Speaker 1: Could it be like Greenland, suddenly We're going to invade 62 00:03:15,960 --> 00:03:18,679 Speaker 1: until suddenly Trump wakes up tomorrow morning and decides we're 63 00:03:18,680 --> 00:03:19,960 Speaker 1: not going to end this is over. 64 00:03:21,520 --> 00:03:24,919 Speaker 3: Difference here is the Americans have already invaded, and they 65 00:03:24,919 --> 00:03:29,360 Speaker 3: have set maximalist aims for this invasion. So where a 66 00:03:29,360 --> 00:03:32,919 Speaker 3: few days ago they were speaking in Geneva about a 67 00:03:33,000 --> 00:03:36,680 Speaker 3: nuclear deal, something to restrain around the nuclear program, perhaps 68 00:03:36,800 --> 00:03:40,280 Speaker 3: shut down its uranium enrichment capabilities. I'm just not sure 69 00:03:40,320 --> 00:03:43,120 Speaker 3: that's enough anymore for the Trump administration. You know, the 70 00:03:43,160 --> 00:03:46,720 Speaker 3: President came out and said, we're going to annihilate their navy, 71 00:03:46,760 --> 00:03:50,200 Speaker 3: We're going to raise their ballistic missile program. If that's 72 00:03:50,240 --> 00:03:52,720 Speaker 3: what he wants to do. If the idea here is 73 00:03:52,760 --> 00:03:55,280 Speaker 3: in Iran that is so weakened that it can no 74 00:03:55,360 --> 00:03:58,920 Speaker 3: longer be a regional power, then it's hard to see 75 00:03:59,000 --> 00:04:01,240 Speaker 3: how they're going to fly in a deal that's what 76 00:04:01,320 --> 00:04:06,000 Speaker 3: Trump wants. But it's almost impossible to imagine any Iranian 77 00:04:06,040 --> 00:04:10,280 Speaker 3: government negotiating away those parts of what it sees as 78 00:04:10,280 --> 00:04:12,040 Speaker 3: its national security doctrine. 79 00:04:12,320 --> 00:04:14,840 Speaker 1: Appreciate your insight. We'll stay and touch Greg Carstrom, who's 80 00:04:15,080 --> 00:04:17,720 Speaker 1: in Saudi Arabia at the moment, but Middle East correspondent 81 00:04:18,120 --> 00:04:21,960 Speaker 1: at the Economist. So essentially it goes three ways. Regime continuity. 82 00:04:21,960 --> 00:04:25,800 Speaker 1: In other words, nothing happens military takeover or regime collapse, 83 00:04:25,960 --> 00:04:29,680 Speaker 1: and so the next presumably, they say a couple of 84 00:04:29,760 --> 00:04:32,919 Speaker 1: days will tell us. For more from the mic Asking Breakfast, 85 00:04:33,040 --> 00:04:36,400 Speaker 1: listen live to news talks it'd be from six am weekdays, 86 00:04:36,640 --> 00:04:38,600 Speaker 1: or follow the podcast on iHeartRadio