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The Wall Street Journal

How to Keep Up the Economic Pressure Against Iran

michael_doran
michael_doran
Senior Fellow and Director, Center for Peace and Security in the Middle East
Michael Doran
The vessel 'Containerships Borealis' arrives at the mouth of the River Tees on March 10, 2026, in Teesside, England. (Photo by Ian Forsyth/Getty Images) Share to Twitter
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The vessel 'Containerships Borealis' arrives at the mouth of the River Tees, March 10, 2026, in Teesside, England. (Getty Images)

Two different Donald Trumps have appeared before the public in recent days. One suggests that the war in Iran may soon be over. The campaign, he says, is “very complete, pretty much.” The other insists that the U.S. will accept nothing less than “unconditional surrender” from Tehran and warns that operations will continue until Iran is totally defeated.

The president faces a strategic dilemma. Two clocks are running. One measures the collapse of Iran’s regime under military and economic pressure. The other measures the growing global disruption—rising oil prices, strained interceptor stockpiles, and pressure from allies and markets to end the conflict. If the second clock runs out first, the president could declare a cease-fire before forcing Tehran to surrender.

Read the full article in The Wall Street Journal.