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UNITED STATES—The war between the United States, Israel, and Iran has entered a volatile and uncertain phase, defined by stalled diplomacy, intermittent ceasefires, and a widening regional and economic fallout. As of mid‑May 2026, the conflict remains active, with no durable peace agreement in sight and both sides signaling readiness to resume large‑scale hostilities if negotiations fail. Current Military and Strategic Situation The war, which began on February 28, 2026, with