Donald Trump · Iran · Strait of Hormuz · Israel · Fortune Technology
Trump calms markets to fight longer and always taps the military assets he deploys as more combat power heads to Iran, Mideast
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President Donald Trump has alternated between threats to obliterate Iran’s economy and claims that the U.S. is in talks with the regime, giving investors whiplash as Wall Street tries to figure out how much longer the war will take.
Key facts
- For Firas Maksad, managing director for the Middle East and North Africa practice at Eurasia Group, that sets up an inflection point for Trump by mid-April, when all that additional combat power
- With the USS Gerald Ford due to rejoin the Iran war after undergoing repairs in Croatia, there will soon be three carriers in the fight
- President Donald Trump has alternated between threats to obliterate Iran’s economy and claims that the U.S. is in talks with the regime, giving investors whiplash as Wall Street tries to figure out
- Meanwhile, Trump is sending more troops and warships to the Middle East as Iran’s control over the Strait of Hormuz remains firmly in place
Summary
Meanwhile, Trump is sending more troops and warships to the Middle East as Iran’s control over the Strait of Hormuz remains firmly in place. For Firas Maksad, managing director for the Middle East and North Africa practice at Eurasia Group, that sets up an inflection point for Trump by mid-April, when all that additional combat power will be in place. “The president is going to have to decide whether he wants to go all in or whether he wants to take an off-ramp,” Maksad told CNBC on Thursday. Indeed, despite the U.S. and Israel decimating Iran’s military, it still packs enough punch to keep the Strait of Hormuz closed with its missiles and drones.