Aurora Macro Strategies

Aurora MENA Report: Iran-U.S. War: An Unhappy Equilibrium

May 1, 2026

GeopoliticsMENAUS

The Iran-U.S. conflict is settling into an unhappy equilibrium where neither side wants full escalation but neither can fully step back. Aurora explains why the balance is unstable and where renewed pressure could emerge.

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Aurora MENA Report: Iran-U.S. War: An Unhappy Equilibrium