Analysis-Gulf recalibrates as Iran emerges intact from war

“By Samia Nakhoul BEIRUT, June 15 (Reuters) - The U.S.-Iran deal may silence the guns, but it cannot alter the verdict of more than three months of war. The region has emerged from one of its most dangerous crises in decades with the balance of power broadly unchanged, Iran politically emboldened, and Gulf confidence in U.S. protection deeply shaken, Gulf sources, diplomats and analysts say.

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