The Trump administration underestimated Iran's response to the war

The administration of US President Donald Trump underestimated Iran's possible response to military strikes, which led to serious consequences for global energy markets. This was reported by The New York Times.

Before the start of the US-Israeli military operation, some of the president's advisers believed that the conflict would not have a significant impact on global energy supplies. In particular, US Energy Secretary Chris Wright said that even previous strikes on Iran had not caused serious fluctuations in the oil market.

However, after the conflict escalated, Iran threatened to attack tankers in the Strait of Hormuz, a strategic sea route through which approximately 20% of the world's oil supplies are transported. Following these statements, commercial shipping in the Persian Gulf almost came to a halt and oil prices rose sharply.

In addition, Iran launched missile and drone strikes on US military bases, Israeli cities and facilities in the Middle East, which was a much more aggressive response than during last year's brief war.

Due to the escalating situation, the US administration is forced to revise its plans — in particular, to evacuate diplomatic missions and look for ways to stabilise fuel prices.

After a closed briefing for lawmakers, Senator Christopher Murphy said that Washington currently has no clear plan for restoring safe shipping in the Strait of Hormuz.

The White House, however, insists that the government had a clear strategy before the start of the military operation. Administration spokeswoman Caroline Levitt said that the fluctuations in the energy market are temporary.

Meanwhile, the military action is already having a significant economic cost. According to the Pentagon, in just the first two days of the war, the US armed forces used $5.6 billion worth of ammunition.

Iranian officials say they can use their control over maritime oil transport routes as a tool to pressure the US and its allies.