A war of regression: how Trump bombed the US into a worse position with Iran
2026-03-27 - 11:39
Analysts fear Iran has played a weak hand well and America has blundered into a defining strategic failure Middle East crisis – live updates Four weeks into a war that was going to take four days, and that has so far cost the US about $30-40bn and Israel $300m (£225m) a day, America is further away from a diplomatic agreement with Iran than it was in May 2025. Not only has the war failed to persuade Iran to agree to dismantle its nuclear programme in the comprehensive and irreversible way America demanded in a 15-point paper that it tabled on 23 May last year, the US is now having to negotiate to reopen the strait of Hormuz, a strategic waterway that has been open ever since the invention of the dhow (with a short exception of a tanker war in the 1980s between Iran and Iraq). Continue reading...