Published Oct 22, 2026, 11:50 AM ET · Updated 22 days ago · 1 source

US military action against Iran risks costly asymmetric retaliation and global economic impact

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Original Report

Renewed US military action against Iran, such as a massive attack planned after the midterms targeting energy facilities and arsenals, could be a mistake because Iran's asymmetric warfare strategy aims to inflict greater costs on the US than any gains, potentially leading to soaring oil prices, inflation, and increased US debt, while Iran maintains its missile and drone capabilities, possibly with Russian support.