In the region's political memory, the nuclear agreement struck under President Barack Obama in 2015 still looms large, as does the old lesson: once bitten, twice shy.
Today, all indications suggest that a new agreement between the United States and the Islamic Republic of Iran is close at hand. Yet 2026 is not 2015, and Donald Trump is not Barack Obama.
These negotiations come after a succession of wars that began on October 7, 2023, conflicts that have cost Iran dearly. Unlike the 2015 accord, forged after years of secret talks in Oman, today’s discussions are unfolding in full public view, with cameras tracking every delegation arriving in Islamabad.
The Middle East that emerged after October 7 bears little resemblance to the one that preceded it. Bashar al-Assad has fallen. Hezbollah, having been worn down by repeated confrontations with Israel, is no longer the force it once was. Israel is no longer prepared to tolerate hostile militias dug in along its borders.
At the same time, Arab states, particularly those in the Gulf, have broadened their network of international partnerships. Washington is no longer their sole anchor. China and Russia have stepped into the regional landscape with weight and confidence, and ties with both have deepened across multiple sectors since 2015.
The agreement now expected may focus narrowly on Iran’s nuclear programme and the lifting of sanctions. Yet the region that would receive this deal is no longer the region that received Obama’s accord.