Latest / The David McWilliams Podcast
Has the Balance of Global Power Just Shifted to Israel?
Has Israel just become the undisputed power in the Middle East? After a lightning-fast 12-day conflict, oil prices fell instead of spiking, Iran backed off with symbolic missile strikes (after giving the U.S. a heads-up), and Russia is suddenly too nostalgic about its expats in Tel Aviv to pick a side. We unpack how this war, short, sharp, and stunning, shifted the entire balance of power in the region. Why didn’t the Strait of Hormuz crisis materialise? Why are markets pricing in peace while Gaza burns? And what does this all mean for Iran’s regime, which now looks more cornered than…
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