Iran gloats about hitting Trump where it hurts: 'Just look at the state of the global economy and energy markets - it has been very painful for them' | Fortune
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Iran gloats about hitting Trump where it hurts: 'Just look at the state of the global economy and energy markets - it has been very painful for them' | Fortune
"A surge in oil prices points to what may be Iran's most effective weapon and the United States' biggest vulnerability in continuing the campaign: Damaging the world economy. A sharp rise in gas prices has rattled consumers and financial markets, and international travel and shipping have been severely disrupted."
"On the other side, Iran has to endure a near-constant stream of American and Israeli airstrikes it can't defend against. So far, the Islamic Republic has been able to keep its leadership and military cohesive and in control. The Iranian public, which already rose up against its theocracy in nationwide protests in January, still boils in anger but have stayed home as they try to survive the heavy bombardment."
"Gulf Arab states, while still not combatants in the war, face seemingly unending and occasionally fatal Iranian fire targeting oil fields, cities and critical water works. And Israel, while boasting of inflicting heavy damage on Iran's missile program and other military targets, continues to be targeted by increasingly sophisticated Iranian missiles that send a buckshot-like bouquet of high explosives raining down on its cities."
The conflict between the United States and Iran fundamentally depends on which side can withstand prolonged pressure. Iran's most effective weapon is disrupting the global economy through oil price increases, creating vulnerability for the U.S. and its allies. Oil prices surged to nearly $120 per barrel, rattling markets and consumers, though Trump's reassurances temporarily eased prices to around $90. Iran faces continuous American and Israeli airstrikes while maintaining leadership cohesion, though its public endures heavy bombardment. Gulf Arab states face Iranian attacks on infrastructure, while Israel experiences sophisticated missile strikes disrupting daily life. The conflict shows no signs of immediate resolution, with both sides absorbing significant pressure.
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