The Iran War Toll

The Iran war failed to achieve regime change or dismantle its nuclear program, instead rallying Iranians behind a more radical leadership. It drained scarce US air-defense missiles needed in Ukraine and Taiwan, pushed oil prices higher while fueling Russia's war chest, and let Iran leverage control of the Strait of Hormuz. Perhaps most damaging: allies like Saudi Arabia, Turkey, and Pakistan are now hedging away from Washington, accelerating a broader erosion of US alliances and dollar…