LARRY KUDLOW: Without Regime Change, Can We Ever Really Trust Iran?

SITREP: Negotiations between Washington and Tehran are reportedly underway, focusing on preliminary discussions before formal negotiations can commence. The dialogue appears to be centered around trust issues related to Iran's regime. TACTICAL ASSESSMENT: This development indicates a potential thaw in U.S.-Iran relations, although skepticism remains regarding the effectiveness of negotiations without significant changes in Iran's political structure. The emphasis on regime change suggests that the U.S. may not fully commit to diplomatic engagement without assurances of Iran's compliance with international norms. PROJECTED VECTORS: Future negotiations may either lead to a breakthrough in diplomatic relations or further entrench existing hostilities if trust remains unestablished.