As Australia commits to joining a coalition in the Strait of Hormuz, preventing escalation of any conflict should be the primary concern of all players.
If Donald Trump decides to undo the Iran nuclear agreement, it could damage Iran's internal stability and economic recovery as well as US relations with Europe and Russia.
Dubious intelligence sharing and asylum seeker deals aside, Foreign Minister Julie Bishop’s visit to Iran is an important step in bringing the pariah state back into the international mainstream, writes Antony Billingsley.
While America's allies Israel and Saudi Arabia stand to lose from the peaceful resolution to the Iranian stand-off, the causes of peace in Syria, Lebanon and Palestine have just been given a boost, writes Anthony Billingsley.
OPINION: Relations between the United States and its ally Israel have descended into the worst crisis in years. Anthony Billingsley questions whether the situation will end in conflict.