Wars do not always continue through explosions. Sometimes the more dangerous phase begins when the noise falls, markets steady and governments hurry to turn a ceasefire into proof of victory. Iran is entering that phase. The danger is not only another round of fighting, but the quieter possibility that war is reorganised into a diplomatic architecture of pressure, in which the return to normal life is sold back to Iran as a concession. The world wants the Strait of Hormuz reopened, oil risk reduced, shipping routes predictable and energy prices controlled. Iranβs question is different: will the world simply pass through Iranβs neighbourhood again, or will Iran itself be reconnected to finance, trade, insurance and credible security guarantees? The concession […]
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