America may be a nation at war, but President Donald Trump's activities over the past few days have been a mix of diplomacy and diversions - with the occasional swing towards the surreal. On Friday, he said the US war against Iran was 'winding down.' By Saturday night, he had given Iran a 48-hour deadline to reopen the Strait of Hormuz or face withering new American airstrikes.

The next day, he golfed and spent the afternoon at his Mar-a-Lago resort in Florida. By Monday morning, with global markets swooning, he said the Iranians were engaging in 'constructive' talks with the US. Then he flew to Memphis, Tennessee, gave a speech and visited Graceland, music legend Elvis Presley's historic home.

Meanwhile, US and Israeli airstrikes on Iranian targets are ongoing. The Iranians continue to fire missiles and launch drones against US forces and its Middle East allies. Traffic through Hormuz remains limited.

Trump's Saturday-night ultimatum seemed clear: if Iran didn't allow full access to Hormuz for international shipping, the US would plunge the nation into darkness by targeting its energy production infrastructure. It was a stark warning. Iran replied that it would, in turn, target regional energy and water infrastructure. A new escalation of the three-week war, with potentially dire consequences for civilians, appeared imminent.

By Monday morning, however, Trump had called off the strikes – at least temporarily. US contact with an unnamed Iranian leader was enough to merit a five-day stay of the threatened attacks. He struck an optimistic tone, stating that Iran had 'major points of agreement' during his remarks before departing for Tennessee.

As he walked through Graceland, Trump's assurances of 'very, very good discussions' with Iran contrasted starkly with conflicting reports and reactions. Iranian state media claimed that the president backed down in the face of threats, while officials denied any substantive talks. Nevertheless, the mention of negotiations sent the US stock market surging and global oil prices dropping, providing a glimmer of hope for investors amid a backdrop of tension over potential conflict.

Trump is back in Washington, where a new five-day countdown to US attacks on Iranian power infrastructure will begin, leaving many to wonder if this latest chapter in US-Iran relations marks a true turning point or simply a pause in an ongoing standoff. As Trump humorously expressed his fondness for Elvis during his visit, one couldn't help but wonder if 'It's Now or Never' would be the more fitting anthem in this diplomatic dance.