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Iran Tests U.S. With Guerrilla Assault on the Economy

March 15, 2026 · 6:19 am ET · Leave a Comment

“Two weeks in, the war in the Persian Gulf has become an asymmetric contest, pitting the unrivaled conventional military might of the U.S. and Israel against an Iranian government waging a guerrilla fight to block oil shipments and upend the global economy,” the Wall Street Journal reports.

“The Americans and Israelis quickly took control of Iran’s skies and have used thousands of airstrikes to pummel the country’s leadership and its armed forces—destroying much of the navy and its ability to launch long-range missiles.”

“But the past century has shown that even the world’s largest and most modern militaries can be humbled when attacking tenacious adversaries willing to endure more pain to defend their territory despite overwhelming odds.”

Economy, Foreign Affairs

← PreviousPromised Economic Boom Collides With Costs of WarNext →Iran Still Has Cards to Play

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