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With a Deal Seemingly Close, the U.S. Faces an Iran More Willing to Withstand Pressure

The war has produced regime change, but Iran’s new leaders are more willing to take risks and believe they have already absorbed the worst that America and Israel can deliver.

© Arash Khamooshi/Polaris for The New York Times

Members of the Islamic Revolutionary Guards Corps in April at a government-organized march in Tehran.
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With a Deal Seemingly Close, the U.S. Faces an Iran More Willing to Withstand Pressure

The war has produced regime change, but Iran’s new leaders are more willing to take risks and believe they have already absorbed the worst that America and Israel can deliver.

© Arash Khamooshi/Polaris for The New York Times

Members of the Islamic Revolutionary Guards Corps in April at a government-organized march in Tehran.
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Europe Raises Interest Rates as War Stokes Inflation

The European Central Bank raised interest rates for the first time since 2023. It expects inflation to run hotter than previously thought, and downgraded its forecast for economic growth.

© Samuel Aranda for The New York Times

The European Central Bank raised its forecast for inflation as the war in Iran pushes prices higher.
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