Iran-US Deal May Not Last as Both Sides Expect Long-Term Status Quo

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Despite ongoing negotiations, a potential Iran-US deal may not be as stable as both sides expect. The two nations have broadly agreed on the contours of an agreement, including prolonging the ceasefire, reopening the Strait of Hormuz, and delivering limited sanctions relief for Iran. However, negotiations have stalled on seemingly narrow disputes, including Iran's demand for a modest upfront payout of $6bn to $12bn and America's insistence on clearer promises that Iran will not pursue a nuclear weapon.

Both sides are behaving as if the interim accord will become permanent, but experts warn that this could be a recipe for disaster. If the deal remains incomplete, the stakes would be far greater, with Iran's nuclear programme remaining a major concern. The highly-enriched uranium could remain in Iran, where it is thought to be entombed in the facilities that America bombed in June.

America and Israel would be left with persistent fear of an Iranian bomb and prolonged economic uncertainty. The producers may take a summer break, but Mr Trump's show could be back on the air later this year.