Iran: 4 Weeks In

The US-Iran war has entered its fourth week, and both sides are now talking — sort of. Iran is demanding transit tolls through the Strait of Hormuz and feels it is owed reparations. Washington responded with a fifteen-point plan that reads less like a negotiation and more like terms of surrender. The yawning gap between those two positions is where this war lives now.Oil is hovering around $105 a barrel. Parts of Asia are rationing fuel. The ground invasion debate is heating up in Washington, and the historical echoes — Gulf War, Eagle Claw — aren’t reassuring.We get into what both sides actually want, why the economic pain cuts in directions nobody expected, and whether there’s a best-case scenario that doesn’t leave everyone worse off. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit globaltantrum.substack.com