The Multiple Costs of the US–Iran War – From Hormuz to Europe and South Asia: The Widening Economic and Political Geography of the Conflict
Wars are decided by those who hold military power, but their costs are increasingly borne by those who have little or no voice in the decisions that start them. The US–Iran war shows this imbalance very clearly. Its economic consequences have gone far beyond the battlefield and have disrupted energy markets, trade routes, food supplies, public finances and investment in the Gulf, Europe, Africa and Asia. The most striking feature of the conflict, however, is not only the size of the damage but its very unequal distribution.
One striking thing about US President Donald Trump’s endorsement of Israeli Prime Minister Benjamin Netanyahu this past week is how isolated he was in making this call. The Israeli Prime Minister has become a widely detested figure worldwide following Israel’s war in Gaza—where Israel committed war crimes. This disdain was clearly on display in New York in September when dozens of diplomats streamed out of the hall during Netanyahu’s speech.
Iran’s New Defense Minister Is a Missile Man, Not a Military Man
Mehrdad Akhlaghi was appointed defense minister in October 2026 by Iranian President Masoud Pezeshkian. He is an unusual choice, as, unlike most of his predecessors, he does not come from a uniformed military background. And his appointment comes arguably at the most sensitive time in the history of the Islamic Republic.
The Pakistani General Running Washington’s Backchannel to Tehran
As Washington and Tehran edge closer to escalation, the most critical line of communication keeping the crisis from spiraling is being run not by polished diplomats, but by an unlikely figure: a Pakistani general. Field Marshal Asim Munir, Pakistan’s powerful army chief, has quietly become the key intermediary in the U.S.-Iran standoff, managing what may be the most important backchannel between the two sides. The mediation has thrust Pakistan to the center of the crisis while exposing it to enormous risk.
The Far Reach of the Iran War: Food Insecurity from North Africa to the Sahel
Within weeks of the Strait of Hormuz closure, fertilizer prices began to rise sharply. Tanker traffic through the strait, which handles one-third of the global fertilizer trade, fell by 90%. Across North Africa the impacts are multiplying, and this is having ripple effects for the Sahel in the south, adding to food price inflation, migration pressures, and the erosion of state legitimacy. The situation underscores how food security is a governance issue compounded by geopolitical crisis.
Last May, U.S. President Donald Trump paid a triumphant visit to Saudi Arabia, Qatar, and the United Arab Emirates. Over the course of a four-day tour, he admired the Gulf capitals’ “gleaming marvels,” cheered on their ambitious modernization plans, and showcased over $3 trillion in pledged Gulf investment and “mega-deals” between U.S. and Gulf businesses.
Operation Epic Fury has delivered tactical gains without a viable strategic end state. The Strait of Hormuz remains effectively closed, Iran’s leadership has reorganized, and the diplomatic track has fractured.
After a decade of post-Arab Spring isolation, Turkey’s leaders have recognized that their ambition to position the country as an agenda-setter on the world stage requires active engagement in all directions. President Recep Tayyip Erdoğan’s consolidation of executive authority has centralized foreign policy decision-making and tied it to his domestic political priorities, transforming the country’s revisionist approach to one shaped primarily by personal and pragmatic interests.
As Lebanese, Israeli, and American teams prepare for their first-ever trilateral leaders summit, it is time to reflect on this opportunity and lessons from the past.
In the midst of a fragile cease-fire to the US-Israeli war on Iran, European leaders remain reluctant to get involved in another Middle Eastern war and are bristling under threats and insults from the US. As the NATO alliance frays and Russian attacks on Ukraine continue, the moment for Europe to take action has arrived, and is fleeting.
Turkey Sees Short-Term Pain, Long-Term Gain in the Iran War
The Iran war has posed significant immediate challenges for Turkey, including rising energy prices. But Turkish officials think that Ankara could reap benefits from the war in the long term.
The oldest peer-reviewed publication dedicated to the study of the modern Middle East, MEI’s flagship journal covers politics, society, and culture in the region.
