Analyses
New Halls and Shadows of an Old War
The study examines the prospects of renewed U.S.–Israeli military confrontation with Iran following the 2026 war. It highlights Iran’s remaining deterrent capabilities, its strategic leverage over the Strait of Hormuz, and the political and economic constraints facing Washington. Three scenarios are explored: maintaining the current stalemate, launching limited military strikes, or escalating toward a broader conflict. The study concludes that continued confrontation below the threshold of full-scale war remains the most likely near-term outcome, despite persistent risks of escalation.
