The War Is Crippling Iran’s Economy, Not America’s
The Islamic Republic has lost most of its Persian Gulf commerce.
September 30, 2026
The Islamic Republic has lost most of its Persian Gulf commerce.
If one were to distill the present conventional wisdom in the U.S. regarding the ongoing conflict with the Islamic Republic, it would probably come down to this: Donald Trump has a shrinking window to achieve a favorable outcome before the midterm elections—from which it follows that Iran need only wait the president out. David Petraeus sees things differently:
The Islamic Republic has lost most of its Persian Gulf commerce.
The bridges that can’t be built.
Blocking roads isn’t speech, but civil terrorism.
From work schedules to advertising, one feels what it’s like to be in the majority.
Matches made by trauma.
If one were to distill the present conventional wisdom in the U.S. regarding the ongoing conflict with the Islamic Republic, it would probably come down to this: Donald Trump has a shrinking window to achieve a favorable outcome before the midterm elections—from which it follows that Iran need only wait the president out. David Petraeus sees things differently:
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