Source: Fortune.com
Summary
The Pentagon estimates the Iran war will last between four and six weeks, according to Kevin Hassett, head of the White House’s National Economic Council. Hassett stated that the war is ahead of schedule and that the global economy will experience a “big positive shock” once it’s over. Energy Secretary Chris Wright also signaled that the conflict may last several more weeks, with oil and gasoline prices elevated. The US is seeking to destroy Iranian military capabilities, and President Trump has called on other countries to send warships to keep the Strait of Hormuz open.
Our Reading
The numbers tell one story.
The Pentagon’s timeline for the Iran war: four to six weeks. Hassett says they’re ahead of schedule. Energy prices are spiking, but Wright calls it “short-term pain” for a “much better place”. The US is counting on domestic oil production to reduce Iran’s leverage. Trump wants other countries to send warships to the Strait of Hormuz. The goal: destroy Iran’s ability to project military force.
The war on Iran is being sold as a temporary inconvenience for a long-term gain.
Author: Evan Null
