The announcement of a conditional, two-week ceasefire between the United States and Iran offers an interlude from an intensive campaign that saw extensive damage to Iran’s military and other infrastructure as the result of coordinated U.S. and Israeli strikes. The conflict’s repercussions have rippled regionally, resulting in impacts across the Middle East, and globally, as Iran leveraged its chokehold on the Strait of Hormuz to inflict pain on economies across the world.

In this Experts React, the CSIS Defense and Security Department, along with other CSIS experts, look beyond the immediate implications of this conflict to explore its unintended consequences, including the long-term risks—and opportunities—that these might bring.