A fragile ceasefire between the United States and Iran has raised urgent questions about diplomacy and the US-Israel alliance. As the truce appears to be unraveling, is this the start of real de-escalation, or simply a pause before renewed confrontation? And how might this moment reshape the global order? In this edition of The Hub, Wang Guan speaks to Anton Fedyashin, associate professor at the American University, and John Gong, professor of Economics at the University of International Business and Economics, to explore what drove the sudden shift from escalation to ceasefire and whether upcoming talks in Islamabad can produce lasting results, as Israel just launched its largest coordinated strikes on Lebanon since the war began.