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Commentary
The Wall Street Journal

How the Iran War Ends

walter_russell_mead
walter_russell_mead
Ravenel B. Curry III Distinguished Fellow in Strategy and Statesmanship
Walter Russell Mead
Commercial vessels are pictured offshore in Dubai on March 11, 2026. New attacks hit three commercial ships in the Gulf on March 11, with one of the vessels in flames as Iran pressed its campaign against its oil-exporting neighbours, threatening shipping in the Strait of Hormuz and plunging the global energy economy into crisis. (Photo by AFP via Getty Images) / Attention editors: AFP covers the war in the Middle East through its extensive regional network, including bureaus in Tehran, Jerusalem and several
Caption
Commercial vessels are pictured offshore in Dubai on March 11, 2026. (Getty Images)

War is the teacher of kings. As President Trump is discovering, it is also a tough grader. So far, air superiority, even supremacy, hasn’t prevented Iran from putting massive political and economic pressure on Washington by choking off the Middle East’s oil flow to the world. There are no signs yet of a popular rebellion capable of toppling the regime. And waves of attacks against Iran’s strongholds and assets haven’t yet enabled any surviving pragmatists to steer the regime away from its radical approach.

As surging energy prices and declining stock markets worldwide drove a vibe shift, many analysts and foreign leaders concluded that Iran’s strategies were working, and that the U.S. would have to choose between ending the war well short of victory or committing large numbers of ground troops to another Middle East quagmire in the making.

Read the full article in The Wall Street Journal.