Iran, the US and Israel: who really won?

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The US and Iran have agreed a deal to end the war, which – if all goes to plan – will be signed at a ceremony in Switzerland on Friday. But the agreement remains shrouded in mystery, and major questions remain about whether both sides can reach a long-term peace deal. We speak to the BBC’s chief international correspondent, Lyse Doucet, about how the past few months have affected the global economy, the region, Iran’s nuclear capabilities, its regime and its people. Producers: Sam Chantarasak and Lucy Pawle Executive producer: James Shield Audio mix: Travis Evans Video producer: Matt Pintus Senior news editor: China Collins Photo: A drone view shows vessels in the Strait of Hormuz, as seen from Musandam, Oman, June 15, 2026. Photo credit: Reuters