The closing of the Strait of Hormuz made the Iran war become a global war on the economic front and it looped into the peace deal, the war in Lebanon pitting Israel against Hezbollah

The cost levied on other West Asian countries and the global economy became too high for the war to continue

The interim deal to end the conflict and restore energy flows via the Strait of Hormuz may hold up. A permanent accord will be much harder to achieve.