US-Iran military conflict will be a 'lose-lose situation,' analysts say

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US-Iran military conflict will be a 'lose-lose situation,' analysts say
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Tensions between the United States and Iran escalated rapidly after an American drone was shot down by Iranian forces in the Middle East on Thursday — but experts are not expecting it to lead to an outright military conflict.

resolved issue, Trump unfortunately unresolved it and I frankly don't think he thought it would bring him to this point, " said Parsi.U.S. Air Force | Bobbi Zapka via Reuters, but later withdrew from launching the planned attacks."And there are those in the White House who believe that if the U.S. strikes with some Tomahawk missiles, the Iranians will not retaliate. Mindful of everything we've seen so far, that seems to me as a very foolish premise," he said.

The U.S. is unlikely to retaliate using military power in response to the the downing of the unarmed Global Hawk aircraft, Eurasia Group said in a note on Thursday. Still, the political risk consultancy raised "the probability of war between the US and Iran to 40%." Analysts had predicted a 30% probability of war in a May report.wants an outbreak at this point right now, " Jeff Currie, global head of commodities research at Goldman Sachs told CNBC's Street Signs on Friday.

He pointed out that Trump's most recent comments have softened but "geopolitical tensions are escalating."

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