The United States and Israel launched a series of strikes against Iran on Feb. 28 in a military campaign known as “Operation Epic Fury,” targeting Iran’s leadership and military infrastructure in an effort to weaken the country’s nuclear and ballistic missile capabilities, according to the U.S. Department of Defense and CBS News.
The conflict has quickly raised global concerns, particularly surrounding the potential economic consequences tied to rising oil prices and inflation.
Source: Mohsen Ganji, AP Photo
Dr. Gary Rose, political science professor and scholar in residence, said the purpose of the conflict has shifted since the war began.
“Depending on what President Trump says from one day to the next regarding the objectives of this war, one can surmise the bombing of Iran, along with the destruction of its Navy and Air Force, is intended to limit Iran’s ability to produce nuclear weapons and long-range ballistic missiles,” said Rose. “Yet despite the uncertainty of this war, there is little doubt that Iran poses a threat to not only Israel but also several countries within the Middle East as well as the United States.”
The first weeks of the conflict involved coordinated strikes on Iranian military targets and government sites. U.S. officials have said the goals of Operation Epic Fury are “laser focused” on limiting Iran’s military capabilities and reducing the threat posed by its missile and nuclear programs, according to the Department of Defense.
While the military objectives remain a focus, Rose said the economic effects may be felt quickly.
“For the short term, the American people and people around the globe will be paying more for gas as the price of crude oil has risen quite dramatically since the war began,” said Rose. “Due to energy prices, inflation will also increase. Consumers will feel this.”
Some students say they are paying close attention to the conflict as it develops.
“I am monitoring the conflict in Iran as I think it’s important to be informed and aware of what’s going on in the world,” said junior Matthew Meaney. “Especially as a young person, it’s important to stay informed on issues that affect the future of our country and our world.”
Meaney said he, like many Americans, remains cautious about continued U.S. involvement in conflicts in the Middle East.
“It’s a complicated situation. I think I share the same sentiments with many Americans who have Middle East fatigue,” said Meaney. “By and large, I don’t want to see American involvement in foreign wars.”
Meaney also pointed to the potential economic ripple effects connected to energy markets.
“Markets move based on feelings, and there’s been strong feelings about oil supply,” said Meaney. “Crude oil prices have skyrocketed, but as the USA negotiates with foreign countries, we can be hopeful to see prices come down. Inflation steadied prior to the conflict, so we can hope we stay close to that trend.”
Other students say the conflict is important to follow because of its potential global impact.
“I have been following the conflict,” said sophomore political science major Harjaap Singh. “It is a major international issue and could affect global politics and the economy. It’s important to stay informed.”
Singh said he is still forming his opinion about the decision to strike Iran.
“I think it was needed, or else something would have happened. Military action is necessary for national security. However, it could risk a much larger conflict,” said Singh.
Like many Americans, Singh said he expects the conflict to affect everyday costs.
“This can affect the global oil supply for sure. It’s going to lead to higher gas prices,” said Singh. “Overall, I think everyday goods and prices will go up.”
“I have been following the conflict,” said Singh. “It is a major international issue and could affect global politics and the economy. It’s important to stay informed.”
Singh said he is still forming his opinion about the decision to strike Iran.
“I think it was needed or else something would have happened. Military action is necessary for national security. However, it could risk a much larger conflict,” said Singh.
Like many Americans, Singh said he expects the conflict to affect everyday costs.
“This can affect the global oil supply for sure. It’s going to lead to higher gas prices,” said Singh. “Overall, I think everyday goods and prices will go up.”
