Scott Galloway
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Appearances Over Time
Podcast Appearances
And I guess the question then becomes, what actually is this deal?
Like, we don't know yet because they've said it's happened.
And to be fair to Trump, Iran has said they're going to sign it on Friday.
But I guess my question is, like, what actually is it?
What are we even agreeing to?
This is exactly where my mind is going.
Despite that, oil prices did fall 5%.
So clearly, traders and investors are more optimistic about the notion that the straight will be unblocked.
I guess my question, do you think it will?
And if so, to what extent?
I mean, how optimistic are you when it comes to the Strait of Hormuz specifically, which is the thing that impacts Americans the most?
in the form of inflation?
Do you think it would be an overstatement to say that Iran is strengthened coming out of this?
I mean, of course, their economy has been damaged.
Many of their military leaders have been taken out.
but it sounds as though they now have a point of leverage that they have realized in a very big way that they perhaps didn't know they had before.
And it sounds like, potentially, this could mean higher oil prices forever, or at least...
a suppression on demand that lasts for the foreseeable future.