Iran Threatens Global Oil Chaos to Push US Back
Part of composite article Oil Breaks $95 as Iran War Chokes Gulf Supply, Goldman Warns $120 Next View full article →
As American airstrikes continue across Iran, Tehran is refusing to escalate into all-out war. Instead, Iranian officials are betting on a new tactic: using the threat of a global energy crisis to pressure Washington into changing course. By hinting at disruptions to oil supplies, Iran aims to force the US to rethink its military campaign without firing a single major shot. The strategy, known as a war of attrition, seeks to drain American resolve through economic pain rather than direct battle. So far, Iran has avoided a full-scale confrontation, keeping its focus on leveraging energy markets as a weapon.