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BlockBeats News, July 15th, as the situation in the Strait of Hormuz continues to escalate, analysts believe that the United States and Iran are entering a war of attrition focusing on time, cost, and political endurance.
Reports indicate that Trump hopes to end the conflict before the US midterm elections and prevent a sustained rise in oil prices, while Iran is attempting to delay and consume American political and military patience by continuously threatening the Strait of Hormuz shipping route without escalating to a full-blown war.
Currently, the US has reinstated its blockade on Iranian ports and maritime transport and continues to target military objectives threatening shipping; Iran, on the other hand, persists in using missiles and drones to attack the Strait of Hormuz route in an attempt to disrupt global energy transport. Analysts point out that against the backdrop of both sides avoiding a full escalation of the conflict, this standoff may evolve into a protracted war of attrition.
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