The Economist

THE ECONOMIST: One of the advisers the president ignores is his younger self.

The costs of dragging out the conflict could be very high indeed.

Talks on reopening the Strait of Hormuz and steering Iran away from its nuclear program will be bitterly difficult. 

The Revolutionary Guards appear to have taken control of both the state and the war — so who can strike a deal with the President

Markets excellent at pricing known risks are finding themselves ill-equipped to account for the uncertainty that comes from a war.

With luck, the Iran war won’t cause a recession. But the surge in energy prices will push up the cost of living.

Whatever happens, high prices will outlive the Iran war.

Republicans should not panic, insists the White House. ‘NO PANICANS!’, it tweeted on March 14th.

By diminishing the president’s political superpowers, his reckless campaign may make him more dangerous

Trump’s Iran war is more unpopular than any recent conflict and the resulting fuel crisis could cost his presidency

The regime is now less predictable 

Shortages of fuels and chemicals threaten industries from farming to pharmaceuticals.

With the war now in its third week, the Gulf states could join the US and Israel with attacks on Iran.

Alternatives to Gulf supplies are scarce.

The United States and Israel’s intelligence software has led to military precision targeting machines that enable war to run on an industrial scale.