Report: Washington gives Israel one week to end Iran war

A newspaper has quoted a source as saying that a change of regime in Tehran is unlikely in the near future, because it would require either a ground military intervention or a return of large-scale internal protests, which currently do not appear likely.

The source also pointed to a major difference in how Washington and Tel Aviv assess the war. The US administration is mainly concerned about the impact of the conflict on oil prices and the global economy, while Israel claims that its military operations have achieved significant gains.

Earlier yesterday, the newspaper Politico reported that the administration of US President Donald Trump had not carried out a thorough assessment of the consequences of the conflict with Iran when it launched the confrontation, which has had a direct impact on oil prices.

The report quoted economic experts as saying the Trump administration underestimated the effects of the confrontation, causing petrol prices to rise by 60 cents per gallon in less than two weeks, despite record production levels in the United States. This has put Trump’s promises of a “golden age of prosperity” in direct conflict with rising inflation. 

According to Politico, Trump tried to calm market fears by ordering the release of 172 million barrels from the US strategic petroleum reserve, after comments by Energy Secretary Chris Wright failed to reassure investors.

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