Iran war rages with no end in sight and global economy on the brink

Key points

• The U.S.-Israeli war with Iran stretched into its sixteenth day on Sunday with more U.S. troops and warships headed to the Middle East and President Donald Trump urging other countries to send warships to the region to help reopen the Strait of Hormuz, the closure of which has sent gas prices soaring.
• Energy Secretary Chris Wright said there were no guarantees that oil prices will come down in the coming weeks even as he defended the U.S. military operation.
• “There’s no guarantees in wars at all,” he said on ABC’s “This Week.” Israel said it launched new strikes on Iran, which retaliated with fresh strikes on Israel and U.S. targets in neighboring countries.
• And U.S. Central Command said “strikes from U.S. forces continue to be unpredictable, dynamic, and decisive” touting Sunday morning that “U.S. dominance builds over vast swaths of Iran.” But the cost of the war is mounting.