The latest US-Iran deal, announced on Sunday evening, looks less like peace than a pause before the next crisis
By Oleg Akulinichev , Orientalist and Deputy Chair of the Russian-Iranian Business Council under the Russian Federation Chamber of Commerce and Industry
The news, which pushed oil prices down by 4%, appeared at first glance like a triumph of diplomacy. The US and Iran have agreed to end the latest phase of their confrontation and reopen the Strait of Hormuz. Donald Trump, never one to miss a dramatic flourish, immediately declared on Truth Social: “Ships of the World, start your engines. Let the oil flow!”
But anyone looking beyond…
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