00:00A flawed U.S.-Israeli military campaign has led to a flawed memorandum of understanding.
00:06Clearly, our lawyers and negotiators were not as astute as Iran's and the mediators.
00:12And that flawed MOU has led to a flawed implementation process.
00:16And you have two stressors, neither of which have immediate solutions.
00:22One is the continuing problem of what to do about disarming Hezbollah and Israeli withdrawal from Lebanon.
00:28That's number one.
00:29And then you have the second issue, potentially kinetic issue of the Straits, which the Iranians are determined to ensure
00:36that they do not lose their leverage.
00:38Any indication or sign that the Americans, the Gulf states, are somehow believing they could erode Iran's influence and control
00:47there is going to make the Iranians respond, I think, more aggressively.
00:51Look, at the end, I'll give you my bottom line here.
00:55What you need is a strategic understanding now between the Islamic Republic and the Trump administration.
01:04For the Iranians, that means facilitating billions of dollars of financial and economic relief, either in unlimited waivers on oil,
01:14the removal of sanctions, and frozen assets that are unfrozen.
01:21For the administration, you need clearly a set of constraints on Iranians' nuclear infrastructure and the dilution or resolution of
01:33the problem of the highly enriched uranium, all done under intrusive IAEA monitoring.
01:39That is the deal, financial and economic relief for Iran in exchange for serious constraints on their nuclear issue.
01:48Unless you have that understanding, unless you have that understanding, unless you have that understanding, that that is the end
01:52state, we're going to continue to look at these stressors and the tit-for-tat, the tick-tock, however you
02:02want to describe what we've witnessed over the last four days.
02:06And technical talks, while important, will not answer the mail.
02:10You need decisions by the leadership in Washington and Tehran to anchor this process.
02:17Without it, I think we're going to drift and we're going to deteriorate.
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