This week, Jeremy ( https://progressive-research.com/people/jeremy-mckeown/ ) and Gareth ( https://progressive-research.com/people/gareth-evans/ )discuss the obvious (and only) story that really matters - the US and Israeli attacks on Iran. What is obvious is that America's "complete control of the airspace" has not resulted in reopening the Strait of Hormuz - small Iranian missiles and drones remain a problem. Less obvious is that America's "no limits on availability of munitions" presumably leaves Ukraine's supply at risk, and Taiwan less protected. Oil prices are up by 25-30%, and inflation will follow unless this is very short-lived. Bond yields are rising globally. A regime-changed Iran (with free-flowing cheap oil for the world) would be a wonderful outcome, but is currently very far from assured. Jeremy explains the importance of Kharg Island...let's hope it stays out of the headlines. The Market Call Episode 152 March 6, 2026 ★ Episode details: https://share.transistor.fm/s/3e985cbe
