Analysis-After six months, the Iran war has reached its endgame - a costly stalemate
The Iran war has reached a costly stalemate six months after U.S. and Israeli forces attacked Iran, killing its supreme leader and maiming his successor. The U.S. has shifted to economic warfare, imposing sanctions and a naval blockade to cut off Iran's oil revenues and financial lifelines, but Tehran believes it can outlast the pressure.
Why it matters: This illustrates the theme of economic statecraft, showing how sanctions and blockades are being used as tools of coercion in a prolonged geopolitical confrontation.