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Economist Podcasts

On the home strait? A path to peace in Iran

Economist Podcasts

The Economist

News, News & Politics

4.35K Ratings

🗓️ 15 June 2026

⏱️ 23 minutes

🧾️ Download transcript

Summary

Despite exchanges of missiles and drones between Israel and Lebanon, the start of a deal was struck overnight. What exactly has been agreed, and will it hold? We examine the idea that part-nationalisation could be a way to share the coming onslaught of AI wealth. And our series on World Cup contenders concludes with a look at England’s side.


Guests and host:

  • Gregg Carlstrom, Middle East correspondent
  • Alex Domash, economics correspondent
  • Jon Fasman, senior culture correspondent
  • Rosie Blau, co-host of “The Intelligence”
  • Jason Palmer, co-host of “The Intelligence”


Topics covered: 

  • Iran war, Middle East, America
  • AI, wealth redistribution
  • World Cup, England


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Transcript

Click on a timestamp to play from that location

0:00.0

The Economist.

0:09.8

Hello and welcome to the intelligence from The Economist.

0:12.9

I'm Jason Palmer.

0:14.0

And I'm Rosie Bloor.

0:19.2

Today on the show, how to divide the coming AI windfall and our World Cup team profiles conclude with England.

0:31.4

First up, though.

0:42.5

Thank you. First up, though. At last, a framework deal is in place to put an end to the Iran war.

0:47.8

That's almost as much as anyone knows.

0:50.9

Even that was unlikely as of yesterday,

0:53.4

the day President Donald Trump had promised an agreement would be signed,

0:57.0

though Pakistani mediators weren't so definitive.

1:00.2

Then another cycle of strikes between Hezbollah and Israel that threatened to scupper the whole plan.

1:06.3

Mr. Trump tenderly sought calm on social media by saying,

1:10.4

Don't blow it.

1:11.7

And then, overnight, something of a deal to be signed in Geneva on Friday.

1:17.9

We know only a couple of details of what is actually in this agreement.

1:23.4

Greg Carlstrom is a Middle East correspondent for the economist.

1:26.9

It is meant to extend the ceasefire across the region, including in Lebanon, and it is meant to

1:32.5

reopen the Strait of Hormuz within 30 days. Beyond that, the details are sketchy, and there is a more

1:39.5

comprehensive agreement that America and Iran will still need to negotiate.

1:47.0

You mentioned that Lebanon is included in the deal. That's where over the weekend the whole process nearly came unstuck.

1:51.0

It was. We saw another exchange of fire between Hezbollah and Israel over the weekend.

...

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