Source: Fortune
Summary
Tehran experienced a power outage after missile strikes on Sunday, as Iran and its proxies launched attacks on US allies over the weekend. The US has moved more military personnel into the region, raising fears of escalation. Pakistan, Egypt, Saudi Arabia, and Turkey met to find a path out of the conflict, but there is little sign of peace talks between Iran and the US. The Strait of Hormuz remains a key point of leverage for Iran, with the country drafting a law to govern passage through the waterway. The conflict has left over 4,500 people dead, with most fatalities in Iran.
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The numbers tell one story.
Iran’s Supreme Leader Mojtaba Khamenei has not been seen in public since his appointment, and the US says he’s injured, perhaps badly. The Houthis have launched ballistic missiles at Israel, and Tehran has struck aluminum producers in Bahrain and the United Arab Emirates. The US is preparing for potentially weeks of ground operations in Iran, with a focus on opening the Strait of Hormuz. Iran is waging war on the world economy, trying to turn the Strait of Hormuz into an Iranian canal that they can control and extract money from.
The situation is a reminder that in war, the script is often written on the fly.
Author: Evan Null
