On August 17, the deadline for the US-Iran ceasefire expired. Iran's parliament speaker Mohammad Bagher Ghalibaf stated that “Israel and the US have not achieved any of their set goals.” He emphasized that Iran is prepared for a long-term war, which could affect the countries of the South Caucasus.
“Trump's rating losses regarding Iran will likely raise the price of 'South Caucasian securities' in Tehran,” notes The Wall Street Journal:
