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The Economic Times
The Economic Times

After six months, the Iran war has reached its endgame, a costly stalemate

BEIRUT: Six months after U.S. and Israeli forces attacked Iran, killing its supreme leader and maiming his son and successor, the Iranian government is under economic siege, but it ​still holds power and believes it has time on its side.

A threat by U.S. President ​Donald Trump to impose crippling new sanctions on Iran faces a fundamental problem: Tehran is betting he will not take the final step to break the stalemate - aggressively ​enforcing secondary sanctions on the countries keeping its economy afloat, foremost among them China and India.

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