Iran Escalates Middle East War, Triggering Economic Chaos
As Iran's regime fights for survival, its willingness to escalate the conflict is its greatest weapon, crippling Gulf economies and costing the US billions.
Brinkmanship, the ability to take a country to the edge of war without plunging it into the abyss, was the cornerstone of cold war diplomacy. But in our different, more unstable times – in which the line between state and non-state actors has blurred, and weapons of war have diffused – the world this week finally tipped over the edge, and suddenly it is in freefall.
Iran's willingness to escalate this high-stakes conflict is proving to be its greatest weapon against the United States and its allies in the Gulf. In a desperate bid to cling to power, the regime is willing to do whatever it takes, even if it means sacrificing the economies of other Gulf states in the process.
Source: The Guardian
