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US-Iran conflict settles into prolonged standoff with economic pressure as main US strategy.

Market News
28 Aug 2026
CNBC
View Source
Neutral
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Six months after the US and Israel launched combat operations in Iran, the conflict remains a stalemate with no clear resolution. The Trump administration has shifted from military action to economic pressure, including secondary sanctions, aiming to force Iran to capitulate. Experts doubt this strategy will quickly end the conflict, as Iran shows resilience despite economic hardships. Continued attacks near the Strait of Hormuz keep escalation risks high, and the US has not clearly defined its victory conditions, making the conflict's future uncertain.

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