"Trump's strategy might involve soothing markets now and launching a massive escalatory strike over the weekend, hoping to force the Iranian regime to fracture or capitulate."
"The war's constraint is not capability; Washington has plenty of air power and Iran offers plenty of targets, but nothing can be resolved without a politically achievable objective."
"This could be a prolonged conflict, with the strait of Hormuz unlikely to reopen soon and economic risks already crystallising, affecting business activity and inflation."
"Ministers are drawing up contingency plans such as lowering speed limits to cut fuel use, indicating the economic impact of the ongoing war."
Iranian attacks on Israel and Gulf states continue as US and Israeli forces respond with strikes in Iran. Trump's statement limits US targets to avoid market panic, while the US considers ground troops. The strategy may involve a significant strike to weaken Iran, but there is skepticism about its effectiveness. The UK faces economic challenges due to the conflict, with rising costs and slowed growth. Ministers are preparing contingency plans to mitigate fuel use amid ongoing tensions and uncertainty about the war's duration.
Read at www.theguardian.com
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