Donald Trump said the Iran war is going “extremely well.” Military attacks have degraded Iran’s conventional forces, but not its ability to attack U.S. troops and allies. And the war has brought new economic and diplomatic challenges.

The U.S. military offensive has been successful, to a pointThe U.S. has inflicted significant damage on Iran’s military, including to its air defenses and conventional naval assets. But it’s unclear whether the Iran war has been damaging enough so far to drive Iran to a negotiated nuclear settlement, he said. In early June, Mark Zandi, chief economist at Moody’s Analytics, estimated the cost of the Iran war, including consumer impacts, to be $100 billion in the first four months. Another problem that has been exacerbated by the Iran war: a reduction in U.S. weapons stockpiles. Several reports have found that U.S. weapons stockpiles are rapidly decreasing as the Iran war continues.