Lebanon Back on Track
Much work lies ahead, but the June 26 agreement is a rare act of constructive statesmanship in the Middle East.
Much work lies ahead, but the June 26 agreement is a rare act of constructive statesmanship in the Middle East.
The 2026 Iran war has made Lebanon a core Gulf security concern, and Saudi Arabia, the UAE, and Qatar now have a narrow opportunity to curb Hizballah’s influence by leading reconstruction, strengthening Lebanese state institutions, and tying economic re-engagement to reform.
After nearly four months of war, the US and Iran have signed a 14-point memorandum of understanding declaring the conflict over, reopening the Strait of Hormuz, and beginning talks toward a final deal. Alan Eyre, MEI Distinguished Diplomatic Fellow and a core member of the 2015 JCPOA negotiating team, joins host Alistair Taylor to unpack the deal’s implications for both countries, its ripple effects across the region, and what a lasting settlement would take.
Unconditional surrender of an adversary is possible only if the victor conducts unconditional war, which the American public clearly was not prepared for in the conflict with Iran. Ending this conflict was always going to entail some compromises. The U.S.-Iran MOU is being oversold by virtually everyone. The tangible parts of it are a ceasefire, sanctions relief for Iran and the reopening of Hormuz. Everything else in the agreement is conditioned to good faith negotiations on Iran’s nuclear program.
This backgrounder provides an overview of the Gulf Cooperation Council (GCC), a regional political and economic alliance comprising six states in the Arabian Peninsula: Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates.
The US-Iran standoff over the Strait of Hormuz — disruptive to global trade and energy flows, and devastating for debt-burdened economies — has handed Pakistan an unexpected geoeconomic opportunity, one that may persist even if the framework agreement announced on June 14 results in a lasting peace and permanent reopening of the strait. But seizing it will have interlocking consequences for Islamabad’s ties with Tehran, Washington, and the Gulf states.
This essay argues that the current debate about the future of the international monetary system is not really about Gulf currencies, oil pricing, or de-dollarization in the narrow technical sense. It is about something deeper and more important: whether institutional trust can survive when geopolitical certainty is eroding.
After months of deadlock following the November 2025 elections, Iraq’s parliament approved a new government under Prime Minister Ali al-Zaidi on May 14, 2026 — just as the country has become a battleground in the US-Israel-Iran war. Zaidi inherits a daunting brief: reviving a struggling economy, reining in armed factions, and steering Iraq through a perilous regional landscape. Dr. Renad Mansour, deputy director of the Middle East and North Africa Programme and director of the Iraq Initiative at Chatham House, joins host Alistair Taylor to discuss the war’s impact on Iraq — from Iran’s militia networks to the surge of attacks on the Kurdistan region — and how it’s reshaping Baghdad’s ties with Tehran and Washington.
ISIS appears to have collapsed in Syria in the wake of the SDF’s military defeat and subsequent integration, followed by the withdrawal of US troops. To the extent that the US prioritizes the group’s enduring defeat in the country, a relationship centered in Damascus is the best way to achieve it.
Although Russia has not directly intervened in the US-Israeli war with Iran, the conflict has underscored the nature and extent of its strategic partnership with the Islamic Republic. The Russia-Iran axis poses a real threat to the US and its allies; it demands a coherent and resolute response.
In March, there was talk of armed Kurdish fighters opening a second front in Iran’s northwest, but it never happened — for several very good reasons.
A fragile cease-fire between Lebanon and Israel is barely holding as military delegations from both countries arrive in Washington for a new round of direct talks scheduled for this Friday. But diplomatic success could mean new strategic opportunities for the Lebanese nation. Guest host and MEI Senior Fellow Brian Katulis is joined by Lebanese Member of Parliament Fouad Makhzoumi to unpack the challenges facing the Lebanese government today, Hizballah’s influence over state institutions, and what all of this means for the country’s future. Makhzoumi also reflects on his personal journey and what inspired him to transition from business to politics in an effort to help shape a better life for his granddaughters in Lebanon.