The Iran conflict has become the new Cold War

The Iran conflict has become the new Cold War

The Iran conflict has entered a Cold War-like phase of financial sanctions, gunboat interdictions and talks about having talks.Why it matters: The tense stalemate has no immediate end in sight. So higher energy prices appear certain for months — and a hot war could break out at any moment.The big picture: Several U.S. officials told Axios they're concerned about America getting drawn into a frozen conflict of no war and no deal.In this scenario, the U.S. would have to keep its forces in the regi...

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