Cover Story: U.S.-Israel War With Iran Drifts Toward Attrition
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As the U.S.-Israeli war with Iran enters its third week, hopes for a quick military victory are fading.
Iran has swiftly installed a new supreme leader, avoided a political breakdown and signaled readiness for a prolonged fight, raising the possibility that a campaign initially expected to end quickly could evolve into a grinding regional standoff.
The war began on Feb. 28 with a U.S.-Israeli strike in Tehran that killed Iran’s longtime supreme leader, Ayatollah Ali Khamenei. The operation — one of the most dramatic decapitation strikes in modern Middle East history — appeared designed to cripple Iran’s leadership and potentially trigger political collapse.
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- The US-Israeli war with Iran began on Feb. 28, 2026, with a strike that killed Supreme Leader Khamenei; his son, Mojtaba Khamenei, quickly succeeded him, maintaining Iranian political and military stability.
- The conflict has shifted toward a war of attrition, with Iran using drones and missiles to sustain pressure despite US-Israeli airpower, leading to broad regional disruption and higher oil prices.
- US domestic political tensions and concerns over global energy markets have complicated Washington’s response as the conflict threatens to grow prolonged.
1. The U.S.-Israeli conflict with Iran, now entering its third week, has dashed early hopes for a swift military victory. Instead, circumstances suggest the war may escalate into a prolonged regional standoff, with both sides preparing for a drawn-out engagement rather than a decisive conclusion.[para. 1][para. 2][para. 5]
2. The war began on February 28, following a dramatic U.S.-Israeli strike in Tehran that killed Ayatollah Ali Khamenei, Iran’s long-serving supreme leader. This decisive action was intended to incapacitate Iran’s leadership and possibly induce political collapse. However, Iran responded rapidly by stabilizing its internal affairs and signaling a readiness for extended resistance, undermining Washington’s strategy and averting any leadership vacuum or unraveling of its core security apparatus. [para. 3][para. 4]
3. For Iran, the immediate challenge after Khamenei’s death was ensuring political continuity. This was addressed by March 8, when Iran’s Assembly of Experts appointed Mojtaba Khamenei, the previous leader’s 56-year-old son, as the country’s third supreme leader. Despite external criticism, particularly from the U.S. and Israel, the transition happened smoothly, with the influential Islamic Revolutionary Guard Corps quickly pledging allegiance to Mojtaba. This episode underscored the distributed nature of power within Iran’s political system. Mojtaba, in his first official statement on March 12, promised ongoing retaliation and strategic leverage, threatening actions like blocking the Strait of Hormuz, thus indicating a willingness to escalate pressure over time.[para. 6][para. 7][para. 8][para. 9][para. 10]
4. Militarily, the conflict has become a war of attrition. The first weeks saw the U.S. strike over 5,000 targets in Iran, noticeably reducing Iran’s ballistic missile launches (by about 90%). Nevertheless, Iran has continued attacking Israel and U.S. interests across the Gulf via missiles and drones, targeting both military and civilian infrastructure in countries including Saudi Arabia, the U.A.E., Qatar, Bahrain, Oman, and Kuwait. Iranian military strategy, labeled “mosaic defense,” relies on decentralized operations, enabling continued attacks even if senior command communications are disrupted. Iran’s use of cost-effective drones presents a financial challenge to the U.S. and Israel, as intercepting these drones is disproportionately expensive, potentially turning the conflict into a stalemate that strains Western resources.[para. 12][para. 13][para. 14][para. 16][para. 17][para. 18][para. 19][para. 20][para. 21]
5. The possibility of a drawn-out war has exposed divisions within the U.S. government. On March 9, President Donald Trump predicted a swift conclusion, but Defense Secretary Pete Hegseth stated the campaign was in its early stages and did not dismiss deploying ground troops. Contradicting Trump’s earlier demands for unconditional Iranian surrender, he later suggested negotiations were possible under certain conditions, reflecting pressure from domestic political and economic concerns, especially as oil prices soared to nearly $120 per barrel before retreating due to Trump’s assurances.[para. 23][para. 24][para. 25][para. 26]
6. The conflict has expanded beyond Iran and Israel, affecting the broader region. Iran quickly retaliated against Israel and U.S. positions across the Gulf, prompting widespread activation of air defenses and partial suspensions of civilian flights. Gulf states have shown restraint, primarily limiting their responses to defensive measures and diplomatic condemnation, cautious of being dragged further into a destabilizing war.[para. 29][para. 30][para. 31][para. 32][para. 33]
7. Globally, the war has caused severe disruption to shipping through the Strait of Hormuz, a critical pathway for global energy trade. Major oil tankers largely avoid the area, spiking oil prices and causing financial volatility. Prolonged turmoil threatens global supply chains and may hamper central banks’ efforts to control inflation. The future of the conflict remains unpredictable, but Iran’s quick leadership change, its refusal to negotiate, and a resilient military posture indicate Tehran is bracing for a protracted struggle likely to affect global economic stability.[para. 36][para. 37][para. 38][para. 39][para. 40][para. 41]
- Feb. 28, 2026:
- The U.S.-Israeli strike in Tehran killed Iran’s longtime supreme leader, Ayatollah Ali Khamenei, marking the beginning of the war.
- Early March 2026:
- Oil prices surged toward $120 a barrel after shipping through the Strait of Hormuz was severely disrupted.
- By March 8, 2026:
- Iran’s Assembly of Experts elected Mojtaba Khamenei as the Islamic Republic’s third supreme leader, stabilizing Iran's political leadership.
- March 8, 2026:
- U.S. Defense Secretary Pete Hegseth stated that the campaign had only just begun and did not rule out the possibility of deploying ground troops.
- March 9, 2026:
- Mojtaba Khamenei appeared on Iranian state television as the new supreme leader. U.S. President Donald Trump said the war would end 'very soon.' Supporters gathered for Mojtaba Khamenei at Revolution Square in Tehran.
- March 10, 2026:
- U.S. Joint Chiefs of Staff Chairman Dan Caine reported that American forces had struck more than 5,000 targets in Iran since the war began. Trump suggested negotiations with Iran might be possible under certain conditions.
- March 11, 2026:
- A Thai cargo ship was attacked and burned in the Strait of Hormuz, illustrating risks to shipping from regional conflict.
- March 12, 2026:
- Mojtaba Khamenei issued his first statement since taking office, vowing to continue retaliation and raise pressure on adversaries.
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