Since the beginning of the P5+1 nuclear talks with Iran, foreign policy establishment figures have been bubbling with optimism about the negotiations leading to a deal that will settle the crisis. The inauguration of the talks is considered a master stroke that will head off the possibility of a Western or Israeli attack on Iran and allow the European Union to back off its pledge to implement an oil embargo on the Islamist regime. All that will be needed, we are told, is a little patience, and then EU foreign policy chief Catherine Ashton will broker an agreement that will...