Businessweek Daily

Iran War and America’s Gamble on an Global Oil Shock

Economic and political consequences will help determine the US endgame.

Explosions continued on Monday in Tehran.

Photographer: Majid Saeedi/Getty Images Europe

President Donald Trump, speaking at the White House on Monday, said the US-Israeli attacks against Iran, while projected to take four to five weeks, will continue as long as necessary. In today’s newsletter, Dina Esfandiary and Ziad Daoud from Bloomberg Economics provide their geo-economic analysis of what the endgame might be. Plus: What the telecom companies and phone makers are talking about at their biggest annual gathering, and how China’s media plans in Africa have fallen flat.

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