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Crisis Group Flags One‑Month Iran‑Israel‑US War Stalemate

By Crisis Group · Summarized & edited by
Crisis Group Flags One‑Month Iran‑Israel‑US War Stalemate

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Why it matters: The stalemate means no side gains a clear advantage, while the prolonged war threatens global trade and economic stability, especially through disruptions to the Strait of Hormuz, a critical chokepoint for oil shipments, raising costs for consumers worldwide and could trigger higher shipping insurance premiums.

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