Gavin Lee is pleased to welcome Robert B. Murrett, retired vice admiral in the US Navy, Professor of Practice and Deputy Director of Syracuse University's Institute for Security Policy and Law. He tells us that the Israel-Lebanon and US-Iran ceasefires are at a critical juncture in the evolving geopolitical dynamics of the Strait of Hormuz, where military risk, energy security and diplomatic recalibration intersect. Speaking as both a former naval commander and policy expert, Vice Admiral Murrett regards the current moment within a broader operational and strategic continuum: one in which emergent cooperation, even among adversaries, signals the potential for de-escalation. According to the vice admiral, what we are witnessing is not resolution, but rather a meaningful shift in posture. The signals emerging from Tehran, Washington and regional actors suggest that all sides are beginning to recognise the shared cost of continued disruption. The reopening of the Strait of Hormuz, coupled with multilateral coordination efforts, reflects a convergence of interests that transcends immediate political tensions. While challenges remain, particularly in operational execution and trust-building, the current trajectory points towards what he would describe as a cautiously constructive phase, where diplomacy and security mechanisms may begin to align. According to Vice Admiral Murrett, the signals from the US, Iran and Pakistan are "promising" in terms of "cutting some kind of a larger deal". He reminds us, in no uncertain terms, that "opening up the Strait of Hormuz is in everybody's interest, including the Iranians, but certainly all the nations that depend upon the trade coming through the SOH and certainly the regional partners, the Gulf states and other allies." "In all these kinds of standoffs that we have for negotiations," explains the vice admiral, "you're always looking for one side to have more leverage than the other." Murrett argues that "the best kind of deals that are made diplomatically are just behind the other kind of situation where both sides are equally unhappy." Right now, he sees "leverage on both sides, but it's certainly in the interest of both Iran and the United States, and all the other partners we have in the region, specifically the Gulf states, to have some kind of a arrangement that would extend the two-week truce for a much longer period."