Pakistan, May 3 -- The ceasefire between the US and Iran holds, but its fate seems extremely fragile. The strategic coercion in the form of the twin blockade of the Strait of Hormuz, mutual brinkmanship and US compellence strategy may bring the two back to the brink. Will talks resume, or is a second round of confrontation likely?

There is optimism that talks between the US and Iran will resume, and both parties will show rationality and responsibility by not choosing the reverse track. Both have immense domestic, regional, and global pressure to ensure the ceasefire holds, and the Strait of Hormuz opens for free and fair navigation, without anyone gaining space to collect fees/tolls. There is enormous pressure on President Trump, from h...