Trump is slipping into an Iran quagmire

TL;DR

The US faces challenges in achieving its foreign policy goals regarding Iran, including reopening the Strait of Hormuz and restraining its nuclear program.
Regime change in Iran is reportedly back on the agenda in Washington as diplomatic efforts seem to have failed.
Intensified economic pressure, including the blockade of Iranian oil exports, is a key part of the current strategy.
The war with Iran is depleting US military stockpiles, potentially impacting readiness for other potential conflicts like one over Taiwan.
The conflict may be creating conditions for a larger crisis in the future, potentially offering an opportunity for China.

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