The Phantom Toll Booth
Friday 10th April 2026
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NAB’s Rodrigo Catril joins Phil to discuss the fragile and one-sided nature of the proposed ceasefire in the Middle East, which Rodrigo notes remains highly volatile as the Strait of Hormuz remains largely closed and Israel continues strikes in Lebanon. The conversation explores the "phantom" nature of the peace deal, with Iran demanding the right to continue enriching uranium and proposing a toll for passage through the Strait—conditions that remain far from any common ground…
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