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YouTube26 Aug 2026

Six Months of War With Iran, With Steven Cook | The President’s Inbox

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Council on Foreign Relations

The U.S.-led order in the Middle East is collapsing as the ongoing conflict with Iran enters a new phase defined by economic warfare rather than direct military strikes. Despite the U.S. administration's shift toward "Operation Economic Outcast" to force regime change, the Iranian leadership remains resilient, having effectively consolidated power under the IRGC following initial decapitation strikes. Regional actors, notably Saudi Arabia, are increasingly bypassing American security guarantees, evidenced by the formation of the Mecca Joint Defense Agreement with Pakistan and Turkey. This strategic pivot reflects a broader loss of confidence in U.S. credibility and commitment to regional stability. As the American presence diminishes, regional powers are asserting agency to secure their own interests, creating a volatile environment characterized by shifting alliances and a high probability of continued regional instability.

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