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The Economic Times

Economy / The Economic Times

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Few easy ways out for US as war with Iran drags on

US-Israeli strikes killed Iran's leader but have not toppled the government, which now, from its perch on the Strait of Hormuz, has put the entire world economy on the war's frontlines. The government quickly put in place a new supreme leader, while its decentralised mosaic defence allowed the military to retaliate without losing much of a step.

14 Mar 2026 7:54 am