The extension of a fragile cease-fire in the Middle East has left the region with no clear path forward. The Strait of Hormuz is still blocked, which means the global energy crisis will get worse. But Tehran’s new leaders are suffering too. What is their plan? Iran expert Karim Sadjadpour joins FP Live to discuss the shifting state of the war.

Plus, Ravi shares his read on how the war’s economic fallout is worst in Asia.

Ravi Agrawal: The World Is Paying the Price for America’s War

David Ignatius: Both Sides Want a Deal. Both Keep Acting As if They Don’t.

Menahem Merhavy: The Man Who Represents Post-Clerical Iran

Bobby Ghosh: Tehran Can’t Count on Hormuz

Philip H. Gordon and Rebecca Lissner: The Strategic Aftershocks of Trump’s Iran War

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