Iran Thinks It’s Winning the War

Synopsis

Despite suffering major military losses — including the killing of its supreme leader — Iran has turned the Strait of Hormuz into an economic chokehold, blocking a quarter of the world's oil supply and forcing prices toward record highs. The Revolutionary Guard, now effectively running the country, is demanding U.S. reparations, removal of all American military bases from the Middle East, and permanent Iranian control of the strait — terms that signal Tehran believes time and leverage are on its side. For any professional tracking energy markets, geopolitical risk, or the U.S. economy, this episode makes clear why what started as a swift military campaign may now force the Trump administration into an impossible choice: accept Iranian dominance or escalate toward a prolonged ground war.

Speakers

Episode Breakdown