There’s talk in the ether that Obama has decided to allow Iran yet another year to ‘unclench its fist’ and stop enriching uranium for nuclear bombs. If so, this will be – what? the sixth or seventh extension of time that Obama has given the grim mullahs and the poisonous Ahmadinejad. The answer is always the same ‘No!’  Before Obama came along, Europe had persisted for about eight years with hinting to the Iranians that they should really try to play nice. ‘If you don’t stop’, they warned, ‘we’ll have to ask you again!’ Ignoring that withering threat, and scorning Obama’s ‘deadlines’ which they were confident would always be extended, the Iranians advanced steadily and vigorously towards becoming a nuclear-armed power.

It is also being said (less believably, we think) that Prime Minister Netanyahu has agreed to wait yet again, but only for another six months before he will use force to stop Iran getting the bomb.

Meanwhile certain Arab states which quietly hoped that either the US or Israel, or preferably both together, would act against Iran, may be running out of hope and patience. Now something dramatic seems to be developing.

Here is a mixture of fact and surmise from DEBKAfile:

The powerful Iranian speaker of parliament, Ali Larijani, arrived [last Sunday, December 20] in Cairo and was received at once by Egyptian president Hosni Mubarak for a conversation lasting two hours.

DEBKAfile’s Iranian sources report that the Iranian visitor carried with him a wide-ranging proposal to ease the strained relations between Tehran and the moderate Arab governments.

Without wasting a moment, the next day, the Egyptian president flew to Saudi Arabia, Kuwait and the Arab emirates to discuss the momentous turn of events.

The octogenarian Mubarak travels very infrequently these days because of his failing health except in extraordinary circumstances. He was galvanized this time by the message Larijani brought from Tehran containing the offer of “a new Iranian approach to resolving outstanding issues.” Iran’s president Mahmoud Ahmadinejad has already offered to open an embassy in Cairo for the first time since ties were broken off after Iran’s 1979 Islamic revolution.

Aware that any breakthrough with the Arab governments was contingent on allaying their fears of its nuclear drive, Iran’s offer of a new beginning is reported by our sources as including a form of Iranian-Arab nuclear cooperation. Its immediate objective is to close ranks with the Arab nations in order to outmaneuver the US-Israeli campaign against its nuclear drive, thereby derailing the US president Barack Obama’s plans for … sanctions against the Islamic Republic.

The expeditiousness of Mubarak response to Tehran’s overture and the promptness of his Gulf consultations indicated that the bloc of Arab nations, which he and Saudi king Abdullah lead, has given up on effective action by America or Israel, including force, for throwing Iran off its current nuclear course.

Within the region today, coexistence with Iran looks like a safer bet.

If this burgeoning realignment of Middle East partnerships goes forward, the region’s strategic balance will be pulled out of shape, Washington’s influence heavily downgraded and Israel isolated.

And Obama’s pacifist policy towards Iran will have increased the probability of war.