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WORLDAug 5 · 15:01 UTCTHE CIPHER BRIEFRyan Simons

There Will be Unseen Costs to be Paid over the War in Iran. Who is Weighing Them?

An interim agreement between the U.S. and Iran aimed at reopening the Strait of Hormuz is under consideration, with experts analyzing potential short and long-term costs, including shifts in Iran's control over the strait and impacts on U.S. sanctions. An operational pause, not a ceasefire, is currently in place, and negotiations remain challenging, with both sides describing the situation differently.

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There Will be Unseen Costs to be Paid over the War in Iran. Who is Weighing Them? · The Nexus