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How Trump's Iran gamble rattled the world in days

Gulf News

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March 12, 2026

US president's team expected a limited fallout, not a global crisis on its hands

- BY STEPHEN N. R. Senior Associate Editor

That US President Donald Trump described as a "brief disruption" is rapidly turning into something far larger, with the economic and strategic fallout of the Iran war spreading well beyond the battlefield.

According to an analysis by The New York Times, the conflict, now nearing its second week, is already reshaping global energy markets, trade routes and military calculations, raising questions about whether the White House underestimated the consequences of attacking Iran.

When Trump launched the campaign, his administration projected confidence that the strikes would be sharp, effective and manageable.

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