- Joined
- Oct 16, 2016
Six months into the Iran war: Markets become accustomed to stalemate with no end in sight
KEY POINTS
- Six months after the U.S. and Israel launched major combat operations in Iran, the conflict has settled into a prolonged standoff with no clear end in sight.
- The Trump administration has shifted toward economic pressure, including planned secondary sanctions, as it pulls back from further major military escalation.
- Experts told CNBC the strategy is unlikely to force Iran to capitulate quickly, while continued attacks around the Strait of Hormuz keep escalation risks high.
Six months into the Iran war: Markets become accustomed to stalemate with no end in sight
The war has far exceeded the four to six weeks the Trump administration estimated it would take to meet its objectives in Iran.
