Wednesday briefing: How Trump’s Iran gamble has produced a crisis reshaping the global order

In today’s newsletter: ​A White House operating without expertise, strategy or restraint ​is stuck in a conflict with no easy way out, which is sending economic shockwaves far beyond its own bordersGood morning. Within two hours of entering No 10 on Monday afternoon, Andy Burnham had his first call with Donald Trump. After chit-chatting about the football (both agreed England had an “excellent tournament”) and Manchester (our new prime minister invited the president to visit the city Trump once described as a “town”), they got on to far trickier territory: the strait of Hormuz.The US has attacked Iran for the eleventh consecutive night, hitting aircraft hangars and drone storage sites across the country. It came after Iran launched retaliatory strikes on US air bases and neighbouring Gulf