Squawk Pod Israel & Iran: Oil, Iran’s Nuclear Program, & What’s Next 6/13/25
Jun 13, 2025
Helima Croft, global head of commodity strategy at RBC Capital Markets, and Karim Sadjadpour, senior fellow at the Carnegie Endowment, delve into the escalating Israel-Iran conflict. They discuss the recent Israeli strikes on Iranian military leaders and nuclear scientists, exploring Iran's military response strategies. The impacts on global energy markets are significant, especially regarding oil prices amid regional tensions. They also analyze the future of Iran's nuclear ambitions and how U.S. involvement might shape the intricate geopolitical landscape.
AI Snips
Chapters
Transcript
Episode notes
US Role and Support in Israeli Strikes
- The U.S. claims no involvement in Israel's strike but closely monitors developments and prepares for possible Iranian retaliation.
- There is broad U.S. political support for Israel's right to self-defense amid rising regional tensions.
Energy Infrastructure as Retaliation Target
- Iran's retaliation risk includes targeting regional energy infrastructure, but direct closure of the Strait of Hormuz is unlikely due to U.S. military presence.
- Past Iranian attacks on oil facilities serve as a model for possible future actions.
Avoid Gulf Attacks to Prevent U.S. Response
- Iran should avoid attacking oil installations of friendly Gulf states to prevent triggering massive U.S. military response.
- Regional partners' close ties with the U.S. act as a deterrent against escalation by Iran.