Iran THREATENS 'economic warfare' as tensions with US ESCALATE
Retired Maj. Gen. Arnold Punaro analyzed escalating tensions between Iran and the U.S. following the U.S. military disabling three Iranian oil tankers. Punaro noted that while Iran did not retaliate directly, the tit-for-tat actions have escalated, with proxies like the Houthis and Hezbollah engaging in conflict. He also discussed Iran's announcement of a new exclusion zone outside the Strait of Hormuz, which he described as an attempt to pressure the U.S. by potentially disrupting commerce.
The ongoing military and diplomatic escalation in the Middle East, including Iran's threats of economic warfare and its announcement of an exclusion zone, poses a significant risk to global commerce and regional stability.
The episode also covered Houthi attacks on Saudi Arabia, escalating conflict between Hezbollah and Israel, and the ongoing negotiations in Russia.