Wednesday briefing: How Trump’s Iran gamble has produced a crisis reshaping the global order
Summary
The United States, under President Donald Trump, has been conducting military attacks on Iran for eleven nights, aiming to control the Strait of Hormuz, a vital oil shipping route. The conflict began with hopes of regime change in Iran but has shifted to reopening the strait amid ongoing violence and tensions in the region.Key Facts
- President Trump ordered strikes on Iran starting February 28, partnering with Israeli Prime Minister Benjamin Netanyahu.
- The strikes targeted aircraft hangars and drone storage sites in Iran.
- Iran responded with attacks on US air bases and nearby Gulf countries.
- The Strait of Hormuz is a key route for about 20% of the world’s oil.
- The initial goal of "Operation Epic Fury" was regime change in Iran but has now focused on reopening the strait.
- US Defense Secretary Pete Hegseth reported the war has cost $37.5 billion and resulted in American service member deaths.
- Experts say President Trump underestimated Iran’s ability to withstand military pressure.
- The conflict has caused delays in shipments of oil, gas, and fertilizer through the strait.
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