‘Crisis of his own making’: Donald Trump weighs another war with Iran

Financial Times
February 24, 2026
AI-Generated Deep Dive Summary
The article discusses how Donald Trump is considering another military confrontation with Iran, despite previous attempts to coerce Tehran through a US military buildup failing to achieve their desired outcome. The piece highlights the administration's flawed strategy, which underestimated Iran's resilience and overestimated its influence over regional actors. This potential conflict could have significant economic implications, particularly for global oil markets and international trade routes, making it a critical issue for businesses and investors. The article provides context by explaining how Trump's approach to Iran has been marked by inconsistencies and misjudgments. It notes that the administration's strategy of using military force as a tool for negotiation has not only failed but also emboldened Tehran, leading to increased regional instability. The piece underscores the risks of further escalation, including potential damage to US alliances and economic interests in the Middle East. From a business perspective, the article emphasizes the importance of understanding how geopolitical tensions can impact global markets. A new war with Iran could disrupt oil supplies, send prices soaring, and create uncertainty for industries reliant on stable energy sources. The piece also warns of broader consequences, such as strained diplomatic relations and increased security risks for multinational corporations operating in the region. In conclusion, the article serves as a cautionary tale about the dangers of using military force as a primary tool of foreign policy. It underscores the need for businesses to closely monitor geopolitical developments that could affect their operations and investments. By highlighting the potential economic fallout of a US-Iran conflict, the piece offers valuable insights for readers interested in business and finance.
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Originally published on Financial Times on 2/24/2026