Has the dustup between Washington and Tehran come to an end? ‘They’ve agreed to give us back the nuclear dust that’s way underground because of the attack we made with the B-2 bombers,’ Donald Trump proclaimed on Thursday evening. ‘So we have a lot of agreement with Iran, and I think something’s going to happen, very positive, very important.’ Trump indicated that he himself might fly to Pakistan this weekend to participate in negotiations with Iran.

If Iran were to hand over its enriched uranium stockpile, it would represent a startling development indeed. No previous American president, whether George W. Bush or Barack Obama, came close to accomplishing that goal. Coupled with the 10-day ceasefire between Lebanon and Israel that Trump also announced, it would allow him to pivot back to the home front.

Trump could use a victory. Gas is over $4 (£2.96) a gallon. Inflation is up and jobs are down. The stock market has returned to its previous highs but remains jittery about a resumption of hostilities. Speaking yesterday in Las Vegas, Trump depicted inflation reports from his own Labor Department as bogus: ‘Don’t forget, we’re having some fake inflation because of the fuel, the........

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