Ceasefire or no ceasefire, the Middle East's reshuffling is not yet done
US President Donald Trump is already speaking about the war in the past tense.
He has declared victory and needs an exit.
Royal visits, summits and elections do not mix well with wars.
Iran's regime has its own reasons to end the war.
But Iran has suffered massive damage.
The declared positions of the two sides are as far apart as it is possible to be.
Trump has a 15-point plan that has not been published but leaked versions make it sound more like a surrender document than a basis for negotiation.
Iran's 10-point plan contains a list of demands that America has consistently rejected in the past.
It would be hard enough to work through them in peacetime.
No agreement at all points towards the road back to war.
Keeping it closed gives Iran a chokehold on the world economy.
His son Mojtaba has not been seen since he was appointed as his successor.
"A capital V military victory", as US Defence Secretary Pete Hegseth put it.
As the longer-term consequences of the war reveal themselves, that process will deepen.
However, while the Iranian regime may be battered, it's also intact.
Regime change is not happening.
Iran can still launch missiles and drones.
It should not have been a surprise that Iran blocked the Strait when it was attacked.
For decades, wargaming the impact of a closure has been a standard part of planning in ministries of foreign affairs and defence in all the countries that depend on shipping routed through the Strait, including the US, but that did not stop Trump's rush into what currently looks like an ill-advised war.
Doing a deal on the Strait will be every bit as difficult as discussing Iran's nuclear capacities.
It has charged some of the few vessels that have been allowed through millions of dollars in tolls.
If that continues it would be able to raise billions, a prospect that horrifies Gulf Arab states.
That would stop if the Houthis blocked the exit south through Bab al-Mandab.
The younger men, mostly from the Islamic Revolutionary Guard Corps who are now in charge, share his views but not necessarily his instinct to wait and see.
Now, they might also have a chance to rebuild what they lost in the war.
Now he has embraced a doctrine of war.
After that, Iran told the Americans that they had a choice – ceasefire or a return to war.
The Israeli press reported that Trump asked Netanyahu for restraint.
He agreed to Lebanon's request for direct talks, while ordering more airstrikes.
Iran and Pakistan say the ceasefire applies to Lebanon.
Israel and the US say it does not.
The United Kingdom and other worried bystanders with few ways of influencing events, say it should.
Israel says it is targeting Hezbollah.
The long-term consequences of the war will reverberate across the Middle East and beyond.
They are also reassessing their alliances with the US.
The old model of getting as close as possible to the US has not worked.
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