Le Monde: US-Iran war a strategic failure

Foreign Policy has published an analysis detailing the strategic aftershocks of the US war against Iran, framing it as a demonstration of the limits of American power. The article argues that Iran's asymmetric strategies have raised the economic and military costs for the US to an unbearable level, preventing a quick victory. This has prompted traditional Gulf allies to diversify their security arrangements by moving closer to China, while the closure of the Strait of Hormuz has accelerated a global shift away from the US dollar in energy transactions.