The initial agreement between the United States and the Islamic Republic of Iran to end the recent war marks more than a temporary ceasefire. It represents a possible reorganization of the regional balance of power. Although the agreement is framed as a diplomatic mechanism to halt hostilities, reopen the Strait of Hormuz, address Iran’s nuclear program, and create a 60-day window for further negotiations,...
Demonstrations that began in Iran during the final two days of 2025 have continued, even if they appear to have lost some momentum. In the early phase, protesters cited high inflation and the Iranian currency (the toman) suffering an extraordinary loss of value. Iran’s economy is clearly under strain; still, the country is not a “basin of poverty,” even if living conditions could be...
