I've haven't been following the news at all, not even social media.
Any cliff notes on what is going on?
IMO Trump desperately looking for an off-ramp. Trump claims he cancelled a planned strike a few days ago because the Gulf states asked him not to. Israel and Bibi pushing hard for Trump to resume the war. Though I suspect a decision has been made already, perhaps even a long time ago. Trump can't just leave like this as a loser but OTOH he knows the other alternative is potentially catastrophic also.
Many say Trump can leave as he is the master of spin and can claim a loss as a win.
E.g. "we sent them back 25 years. We have eyes on the nucular dust 24/7, they can't do anything with it"