After 108 days of conflict, a memorandum of understanding has formally paused the war between the US-Israel coalition and Iran without a clear victor.

The drones are grounded, tankers are reportedly moving again through the Strait of Hormuz and an electronically signed memorandum of understanding has formalised the pause. After 108 days, thousands dead and hundreds of billions of US dollars stripped from the global economy, the US-Israel war on Iran has ended – for now. Not with victory. Not with defeat. With a freeze. The United States and Israel assassinated Iran’s supreme leader and many of its top officials, then went on to degrade the...