The US and Iran still have not reached a deal to end the war, but one winner is already clear: China.This episode was produced by Miles Bryan, edited by Amina Al-Sadi, fact-checked by Gabriel Dunatov, engineered by David Tatasciore, and hosted by Noel King. US forces patrol the Arabian Sea near the Strait of Hormuz. Handout Photo by the US Navy via Getty Images.Listen to Today, Explained ad-free by becoming a Vox Member: vox.com/members. New Vox members get $20 off their membership right now. Transcript at ⁠vox.com/today-explained-podcast.⁠ Learn more about your ad choices. Visit podcastchoices.com/adchoices