Can the US and Iran work out a grand bargain?

After months of diplomacy punctuated by military strikes, the United States and Iran have stopped fighting and signed a memorandum of understanding. The technical grind of nuclear issues and the Strait of Hormuz will consume much of the 60-day period for negotiations. But the deeper question is whether durable stability is possible without addressing the regional disorder and the antagonism between Iran and Israel. A lasting settlement would require a far more ambitious grand bargain linking Iran’s nuclear constraints to a genuine security architecture — one that includes as key features a non