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But the bigger story is the ripple effect. From a potential breakdown of OPEC and falling oil prices, to China being deterred and Russia stretched thin, the global balance is already shifting. Even Europe’s response is called into question as the U.S. continues to demonstrate overwhelming strategic leverage.
In his words, “Iran is broke,” and the consequences are already spreading far beyond the region, argues Victor Davis Hanson.
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00:00 Iran War Reality Check
01:41 Political Endgame Options
02:31 Oil Markets and OPEC Shifts
03:57 China and Russia Repercussions
07:33 Europe Fallout and US Politics
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