François Picard is pleased to welcome François Heisbourg, Chair of the International Institute for Strategic Studies. He argues that the apparent Iran-related "peace deal" announced by Donald Trump remains opaque, incomplete, and potentially unstable, with crucial details unresolved.
Yet for Heisbourg, the deeper story extends beyond the Gulf. He sees current developments as evidence of a broader transformation in the international order: the gradual retreat of the United States from its post-1945 role as the unquestioned guarantor of Western security, the emergence of Europe as a more autonomous strategic actor, and the growing mismatch between American ambitions and American leverage.
