As the acting Iranian foreign minister left for Tehran following the four-hour emergency meeting, focus shifted slightly back to Iran’s Lebanese proxy Hezbollah, which is also intent on retaliation for the assassination of its top military commander Fu’ad Shukr in Beirut hours before Haniyeh’s killing.

One US official and one western intelligence official told CNN that fears are higher now about Hezbollah taking action than Iran, raising the prospect that the Lebanon-based militia group may act without them.

For Netanyahu this may look like semantics intended to blunt Israel’s desire for an overwhelming response against either aggressor.

He views Iran and Hezbollah as different hands of the same theological head.

With the exception of direct IranianIsraeli exchange of fire in April, Hezbollah has always landed the punches on Israel Iran hesitates to take, and may this time throw a double blow, one for Shukr and one for Hamas’s Haniyeh.

Were that the case Israel’s retaliation against Hezbollah could just as quickly become the regional escalation dragging in Iran that everyone fears.

What is clear, the Jeddah meet and the back channel diplomacy buys diplomatic space and time to develop an off ramp that has a least a little traction for now.

Both Iran and the US, to a degree, are buying in to it.

Whether this fizzles out to another false horizon is with Bagheri and his president.