Despite its losses, Iran has emerged much stronger from the conflict, and has become a symbol of defiance.

The deal in its current form is a deep disappointment to Israel's government, which has been sidelined in negotiations led by Pakistan and others.

The proposed agreement is emerging as an armistice plus framework essentially prepared to stop escalation, reopen the Strait of Hormuz and create a structured negotiating process…

US-Iran peace deal announced with 'permanent' end to military action