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Washington and Tehran: the remaining calculus
The administration of U.S. President Donald Trump faces challenges at the end of the war with Iran, which began three months ago. The pressure on Iran has increased through the blockade of the Strait of Hormuz and the imposition of sanctions, although the conflict has not yet resulted in a decisive victory for the United States. Despite destroying Iran’s military capabilities and damaging its economy, Iran still retains the ability to withhold a fifth of the world's oil supplies, and the threats to retaliate for previous strikes remain in place. Estimates vary regarding the success of Trump's campaign; some analysts see the war as having evolved into a long-term strategic challenge, while the option of military escalation remains on the table if diplomacy fails.
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