Arsalan Bilal
After more than a month of an intense regional war, a ceasefire between Iran and the U.S. has de-escalated the conflict, at least for some time, as international efforts toward a broader agreement continue. Recent commentary talks about the diplomacy that resulted in the ceasefire, but a critical question remains: why did Iran agree to a ceasefire it initially opposed?
For close to six weeks, Iran suffered significant leadership and material losses amid the U.S and Israel striking key targets, yet it developed meaningful leverage. To this end, it demonstrated its ability to disrupt energy supplies flowing through the region, thereby imposing significant costs on its adversaries that depend on the stability of the global economy. The strategy was the linchpin of Iran’s asymmetric warfare through which it could compensate for its military disadvantage and operational degradation.
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