The most likely option in the coming days is “the use of backchannels to communicate with the warring parties” amid expectations that the ceasefire could hold for the next 10 days, Fahad Nabeel, CEO at Geopolitical Insights, an Islamabad-based research consultancy firm, told Sputnik.
The Strait of Hormuz remains a major point of contention that Iran sees as “the only meaningful leverage they have when negotiating with the US,” Nabeel pointed out.
He suggested that Iran is “unlikely to abandon its demand for control over the Strait of Hormuz unless it is offered substantial economic incentives.”
“The extreme red lines adopted by both sides are limiting the prospects for diplomacy and hindering the achievement of an off-ramp,” the expert emphasized.
As for Iran, it is “unlikely to abandon its demand for control over the Strait of Hormuz unless it is offered substantial economic incentives,” Nabeel concluded.