
Political Gabfest Now We Can Call It a Quagmire
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Jul 23, 2026 Adrian Wooldridge, Bloomberg global business columnist with expertise in British political economy, discusses why Britain can’t keep prime ministers. He explains rapid leadership turnover, Andy Burnham’s strengths and record, and how economic stagnation and post-Brexit instability shape politics. Short, lively takes on Nigel Farage’s antics and the comic insurgency of figures like Count Binface.
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Iran Asserted Control Over Shipping Lanes
- Iran re-escalated because Tehran asserted control over which shipping lanes are permissible, attacking vessels using other lanes and breaking the memorandum meant to reduce hostilities.
- John Dickerson explains attacks on non-Iran-approved lanes clogged maritime routes and provoked a sustained U.S. retaliation campaign rather than a quick de-escalation.
Face Saving Drives Continued Military Action
- The administration appears willing to sustain an open-ended war largely to avoid losing face rather than pursuing a clearly articulated national objective.
- Emily Bazelon warns this creates cascading risks including political backlash and potential attempts to undermine elections.
War Costs Are Politically Tangible
- The war's direct economic costs and supply disruptions are tangible political liabilities the president cannot simply 'assert' away.
- John Dickerson notes rising gas prices, a $37 billion war tab, and weakening support even inside the president's base.



