Tracking the Iran War: A Month of Escalation and Regional Impact

The report assesses that the Iran war will likely be protracted and disruptive, increasing regional instability and raising the likelihood of missile, drone, and cyberattacks. It warns multinational companies and US financial institutions in the Middle East may be targeted, highlights risks to energy supply (including Strait of Hormuz concerns), notes potential escalation in Iraq via militias, and anticipates increased activity by proxies and recruited operatives outside Iran amid near-total internet blackouts inside the country.