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Originally published by The Standard Business
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June 21, 2026
4h ago

Middle East conflict deal: Why economics, not US or Iran, won

Middle East conflict deal: Why economics, not US or Iran, won

The closing of the Strait of Hormuz made the Iran war become a global war on the economic front and it looped into the peace deal, the war in Lebanon pitting Israel against Hezbollah..

✨ Key Highlights

An analysis suggests that economic factors, rather than military power or diplomatic pressure from the United States or Iran, were the primary drivers behind the resolution of the Middle East conflict.

  • The article posits that Iran's economic resilience, built over 47 years, was a key factor.
  • Key players mentioned are Iran and its Foreign Minister Abbas Araghchi, and the United States.
  • The author argues that Iran's national cohesiveness, likened to civilizations like India and China, contributed to its strength.

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