Trita Parsi
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Appearances Over Time
Podcast Appearances
Anything that right now takes energy off of markets will push up oil prices.
That will lead to higher gas prices in the United States, which dramatically backfires on Trump and on the Republican Party in the midterms.
On top of that, if the US goes really hard on this issue,
then there's a high likelihood that the Houthis will step in and they will close off the Gulf of Aden, and there won't be any ships going through there either.
That suddenly means that another 12%, in addition to the 20% of the flow of oil that has been compromised because of Iran's current control of the straits, would also then go off the market, and that will dramatically push up oil prices.
Moreover, in order for this to be workable for the U.S., even if the U.S.
is capable of absorbing those hits, it would require that this goes on for some time.
This is not a quick thing.
This is not something in which you do it and suddenly the Iranians cave.
And then that raises the question, who has most tolerance for this?
The United States and not just the United States, but Donald Trump and his political situation or the Iranians?
Yeah.
I think this is yet another one of these examples in which, yes, the U.S.
can escalate, but the Iranian counter escalation is far more painful to the U.S.
than the U.S.
's own escalation against Iran initially is against Iran.
So there's a lot of conflicting reporting about Saudi Arabia, in which it is at times pushing for this.
And then there's a reporting that says that it is not.
I think the UAE is a little bit more clear.
But I think it's stunningly clear.