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What We're Watching: Iran plays hard to get, China gets up in India's grid, Dominicans build a wall

Iran rules out nuclear talks… for now: Iran has reportedly rejected an offer to join direct talks with the US and EU over its nuclear program, saying it won't start the conversation until sanctions on Iran's economy are eased. To be clear, this does NOT mean that prospects for reviving the Iran nuclear deal are dead. Europeans and the Biden administration want a return to the 2015 nuclear agreement, and Iran certainly needs the economic boost that would come from a removal of sanctions. But Tehran is going to try to maximize its leverage before any talks begin, especially since this is a sensitive election year in in the country. Iran's leaders are going to play hard to get for a while longer before edging their way back to the bargaining table. Still, it's high stakes diplomacy here between parties that have almost no mutual trust — and one misstep could throw things off track quickly.

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