On the sidelines of the Munich Security Conference, anxiety over a world in crisis. Over the weekend of Valentine’s Day, the United States was marching toward war with Iran and grappling with a partial government shutdown that impacted the Department of Homeland Security. Meanwhile, the Trump administration was making light …

Tehran is targeting the soft underbelly of the U.S.-Israeli campaign—the oil sector and vulnerable Middle Eastern states—but allied officials can counter this strategy by taking concerted steps to bolster their regional partners, stabilize oil markets, and suppress the regime’s military capabilities. Two strategies are currently competing in the Iran war. …

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