Amidst powder kegs, will peace hold in West Asia The Statesman 16 Jun 2026

https://epaper.thestatesman.com/4164210/Delhi-The-Statesman/16-06-2026#page/7/2

Amidst powder kegs, will peace hold in West Asia The Statesman 16 Jun 2026

          It has been after over 100 days that both, Trump and Iran, announced a peace deal, much to global relief. This was the umpteenth time that Trump mentioned it, only to be rebuked by Iran each time. Iran’s insistence on including Lebanon in the agreement complicated matters, as Netanyahu had his own idea. Iran released its own version of the deal, which Trump contradicted. Hopefully, it would be inked this week. Final details will emerge with time, but clearly Israel is rattled.

          Both sides have suffered losses. Iran claims it needs USD 300 billion for reconstruction, while damages to US bases and assets exceed USD 50 billion. US Congress members claim the cost of the war, thus far, varies between USD 630 billion to 1 trillion. In addition, are tankers sunk in the Hormuz Straits.

          The US had negotiated an Israel-Lebanon ceasefire, rejected by the Hezbollah, since it did not involve Israeli forces withdrawing from Lebanon. The Hezbollah leader, Naim Qassem, insisted on a complete Israeli withdrawal from Lebanon, which Netanyahu rejected. Israel attacked Beirut, the red line laid down by Iran, ignoring demands by Trump, aware this would expand the conflict.  It did, leading to Trump castigating Netanyahu.

Iran’s foreign minister, Abbas Araqchi, mentioned, ‘The end of the war on Lebanon must be accompanied by withdrawal of Israeli forces from the territories they have occupied.’ Currently, peace has been restored. Netanyahu is concerned that Trump may be lax with Iran only to secure a deal and hence remains skeptical of the deal.

          Meanwhile, in a largely symbolic gesture, the US House of Representatives voted against the war, with some of Trump’s supporters joined the rival camp thereby giving it the needed numbers. While this may not hold water, it does convey that public anger is rising over the conflict. The US-Iran ceasefire, announced on 08 Apr, has been on hold despite a few hiccups. It had last flared up due to Iran downing a US Apache helicopter. Messages continue flowing through negotiators.

          There are reports that US missile stocks are at critical levels. The US’s acting Navy Secretary, Hung Cao, when questioned by a senate committee on stalling sale of weapons to Taiwan, mentioned, ‘Right now we’re doing a pause in order to make sure we have the munitions we need for Epic Fury.’ In Singapore, Pete Hegseth, the US Secretary of War, insisted the US remains capable of launching fresh strikes against Iran. Media reports mention that in response to US firing over a thousand Patriot and THAAD missiles initially in the conflict, only 172 replacements were received.

          Trump also faced increased domestic pressure over oil prices and rising inflation. Meanwhile the US was the largest gainer from increased sale of LNG, since Hormuz closed. With mid-term elections looming, Trump needed to find a way out. As per US media, in a recent interaction with his aides, he mentioned that he would only end the ceasefire if US troops were killed in Iranian attacks.

Trump also scaled down his demands on Iran, aware that without boots on the ground, he cannot achieve regime change. Apart from re-opening of Hormuz, Trump stated, ‘The one guarantee that I have to have is that there will be no nuclear weapons. They’ve agreed to that.’ Discussion on how to handle highly enriched Uranium would be later.  

          Netanyahu is also facing pressures from the US, Arab states, Europe and his own citizens to end the conflict. Israel’s elections are due in October this year and he is desperate to show that his campaigns against Iran, Hezbollah and Hamas have proved to be decisive. So far, he does not have much. He had wanted regime change and degrading Iran’s missile ranges, in addition to ending its nuclear capabilities, but these remain just hopes. His recent attacks on Iran and Lebanon displayed that he may act independently of Trump.

          Meanwhile in Iran, hardliners were advocating a stronger response to any US or Israel strike, now that they managed to survive the initial round. Aware of the leverage provided by Hormuz, Iran feels it holds the cards. Its Foreign Minister, Abbas Araghchi, told a Lebanese media house, ‘Either the war ends in both Iran and Lebanon or in neither.’ Iran’s media quoted their deputy foreign minister, who mentioned that the deal includes, ‘immediate and permanent end to the war and military operations on various fronts, including Lebanon.’

Tehran is aware that Trump must end the war as domestic and global pressures are increasing. Iran, on the other hand, is facing financial difficulties as its oil exports have stalled. It can survive for a few months before the scenario worsens. Its major benefit is that food imports from Russia and Central Asia continue through the Caspian Sea route.

Iran was gambling on Trump being more desperate to end the conflict than its own leadership. Even if Iran is crumbling economically within, it will suppress internal protests, only to keep pressure on Trump. The longer it delays, the more Trump becomes concerned on the impact of mid-term elections.

          Mediation by Qatar and Pakistan continued throughout. Messages were exchanged, bridging differences. The world had readjusted without oil, gas and fertilizers flowing freely through Hormuz. As soon as Hormuz opens, prices are bound to drop and economies stabilize. The mute question is whether any deal reached would be the final one.

          Trump is known to use military force in the midst of negotiations. If he cannot achieve a deal better than Obama, would he attempt the same, once his internal politics and economy has stabilized. After all, TACO (Trump Always Chicken’s Out) is gaining traction in the US, adding to his discomfiture. Israel can be a spoilsport. Netanyahu, aware that he is unlikely to return post elections, may expand the conflict only to delay elections.  Iran meanwhile continues to re-create its drone and missile power. It would have assumed that neither the US nor Israel can be trusted and another round is imminent.

Middle East nations are concerned about recommencement of the war as they are on the firing line. Russia and China would prefer the conflict continues, engaging the US in a fruitless war. The world hopes Hormuz would re-open bringing down oil prices to acceptable levels, while both Iran and the US engage in narrative warfare aimed at declaring themselves winners in this conflict.