The United States and Iran have found themselves embroiled in a protracted war in which neither side is capable of achieving a decisive victory and has no clear path to ending the conflict, APA reports citing Bloomberg.
According to the agency, the current standoff is the result of nearly half a century of hostility between Washington and Tehran and shows few signs of an imminent end. The conflict is evolving through repeated cycles of fighting, with neither the US nor Iran able to secure a decisive advantage. Bloomberg believes that even negotiations are unlikely to resolve the fundamental differences between the parties in a lasting manner.
The agency sees the most likely scenario as a continuation of the relatively low-intensity conflict, periodically interrupted by fragile ceasefires and renewed surges in attacks. At the same time, repeated closures of the Strait of Hormuz are possible, and there is no clear prospect of a final settlement.