The Rest Is Money 183. Will Trump’s Bombing Lead To Oil Price Surge?
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Jun 23, 2025 The podcast dives into the potential fallout from Trump's bombing of Iranian nuclear sites. Experts analyze how this may trigger a surge in oil prices, especially in the crucial Strait of Hormuz. They discuss the geopolitical chess game involving China and Russia's influence on Iran's response. The conversation also highlights the fragility of UK-US relations under these tensions, revealing contrasting views from leaders. Throughout, they explore the anxiety of navigating economic uncertainty amid chaotic geopolitical events.
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Limits of Airstrike on Iran
- Trump's airstrike on Iran's nuclear sites is an extraordinary technical achievement with precise targeting.
- However, such strikes cannot completely eliminate Iran's nuclear weapons knowledge or capability underground.
Strait of Hormuz's Global Impact
- Closing the Strait of Hormuz would cause a huge surge in oil prices, affecting global inflation.
- Iran's Supreme Leader holds the ultimate decision power, and China likely urges Iran to avoid disrupting oil flows.
Strait Closure Limits
- Iran may struggle to close the Strait of Hormuz for long due to regional oil dependence.
- Multiple countries rely on this passage, so long-term closure is not realistically sustainable.