India, Aug. 21 -- US-Israel-Iran War Latest Live News: As the US-Iran standoff moves into a new phase, Washington is increasingly betting on economic pressure rather than relying only on military force. US Vice President JD Vance has said the administration sees economic pressure as its strongest tool for changing Tehran's calculations, while Iran is signalling that it could respond with a more aggressive military strategy if diplomacy fails.

The competing strategies are raising the risk of a wider confrontation around the Strait of Hormuz, where disruptions to commercial shipping have already affected global energy flows and pushed up oil prices. At the same time, stalled negotiations and renewed US sanctions are making it harder for Wa...