There is relief in the Gulf as the conflict between the US and Iran has entered a negotiation phase following nearly four months of fighting.
Up until a ceasefire in April, Iran repeatedly fired on US military installations along with civilian and energy infrastructure in Gulf states.
In the aftermath of the conflict, Gulf states are looking at Iran in a new light, while at the same time, confidence in the US security umbrella in the region is waning.
From Tehran, there have been no signs of a fundamental change in course as a 60-day negotiation window with the United States has opened after both parties signed a memorandum of understanding (MoU) on Wednesday night.
The Iranian leadership emphasizes that it has weathered the war politically and continues to possess effective leverage.
