Ones and Tooze The Economics of the Israel-Iran War
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Jun 20, 2025 The podcast dives into the escalating conflict between Israel and Iran, exploring military strategies, including airstrikes and missile exchanges. It discusses the economic implications on global oil markets and the evolving geopolitical landscapes. The hosts critique media narratives surrounding military evacuations and highlight Israel's dependence on U.S. support. As the tensions rise, attention shifts towards regional dynamics, with significant questions about alliances and the power shifts in the Middle East.
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Asymmetric Warfare Dynamics
- The Israel-Iran conflict is highly asymmetric: Israel attacks by air while Iran responds with ballistic missiles.
- Israel's sophisticated missile interception system heavily influences the conflict's dynamics but at a high financial cost.
Tehran's Reality and Evacuation Myth
- Tehran is a large, modern city with around 10 million people and not an ancient religious center.
- The concept of evacuating Tehran is a political threat, not a practical or authorized evacuation order.
Israel's Dominance vs Regional Hegemony
- Israel is the dominant military power in the Middle East but lacks the soft power to be a true hegemon.
- Violence complicates Arab states' willingness to openly back Israel despite some elite alignments.