Ceasefire Update: Extending the Pause, Maintaining the Pressure
Militarily, escalation risks a broader regional war with potentially diminishing returns—drawing in Hezbollah, disrupting global energy markets through the Strait of Hormuz, and stretching U.S. assets across multiple theaters. Economically, the shock to oil markets is already evident even under current conditions. Politically, a prolonged war would be difficult to sustain domestically and internationally.
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