The U.S. insists the Iran conflict won't be a 'forever war.' Experts beg to differ
CNBC
President Trump and his officials say the war won't be protracted. Experts say it could go on longer than the White House expects.
Since the U.S. and Israel launched surprise strikes on Iran last weekend, Washington has been keen to stress that the military action will be over in a matter of weeks and won't turn into a so-called "forever war."
But experts say the U.S. could easily get bogged down in "Operation Epic Fury" if the Iranian regime proves more resilient than expected, and that could mean the conflict drags on.
"What we're seeing is going to be more complicated than the White House may have hoped," Suzanne Maloney, Brookings Institution vice president and director of foreign policy, told CNBC Tuesday.
The judge is not forcing the board to let Ohio Rep. Joyce Beatty, an ex officio member through her position in Congress, vote at Monday's session.
Federal Reserve Chair Jerome Powell has said he is being investigated ostensibly for comments he made about the pricey renovations of the Fed's headquarters.
The United States government could end up paying $165 billion of more in refunds for Trump's IEEPA tariffs that the Supreme Court ruled were illegal.
Iran's threat to the Strait of Hormuz can't be fixed by releasing oil from strategic petroleum reserves.
The House Oversight Committee has called in Tova Noel, who was working at the time of Jeffrey Epstein's death, for a deposition later this month.
Oil prices have skyrocketed in the days since President Donald Trump's war on Iran began.
Russian leaders told President Trump they aren't sharing intelligence with Iran as it fights the U.S. and Israel, Special Envoy Steve Witkoff said this week.
It comes at a time when the Caribbean island is grappling with a worsening economic crisis.
Analysts say any attempt to attack or seize Iran’s strategic oil hub is likely to be fraught with risk.
The Strait of Hormuz, the world's most critical chokepoint for oil shipments, has been effectively closed since the U.S. and Israel began the war on Iran.
His comments to CNBC come as the U.S. and Israeli-led war appears poised to enter its third week.
The U.S. Central Command said that the loss was "not due to hostile or enemy fire."
The State Department said this week that 36,000 Americans had returned to the U.S. after the start of the war with Iran.