After the US and Israel attacked Iran, Tehran's strategy of asymmetric warfare is clear: it closed the Strait of Hormuz and is attacking energy infrastructure in the Persian Gulf, causing global oil and natural gas prices to skyrocket, crashing stock markets, fueling inflation, and provoking an economic crisis that will hurt the USA and its allies.
The conflict has also become a battle of attrition. Iran is using cheap missiles and drones to deplete the defense interceptors of neighboring countries, which will be very difficult to replace, due to deindustrialization, despite Trump administration efforts to boost production.
Ben Norton explains.
VIDEO: https://www.youtube.com/watch?v=yAc9mgZrE6E
Topics
0:00 Iran conflict becomes war of attrition
1:10 US strategy: "punch them while they're down"
1:45 US military vs Iranian military
2:25 Asymmetric warfare
3:30 Decentralized mosaic defense doctrine
4:13 Guerrilla economic warfare
5:08 Oil price skyrockets to over $100
5:30 Strait of Hormuz closed
6:00 Energy infrastructure hit in Persian Gulf
7:19 Economic crisis on horizon
7:54 Trump: it's a "small price to pay"
8:46 Inflation fuels inequality
9:47 US midterm election coming soon
10:46 Donald Trump's approval rating
11:08 Fertilizer supply chain breakdown
11:28 Food price shock
12:33 Dubai airport shut down
12:54 Gulf monarchy reputation crisis
14:06 Iranian drones vs expensive missiles
15:15 Iran's Shahed 136 drone
16:56 Missile math in asymmetric war
18:47 Military-industrial complex profits
19:24 Gulf runs out of interceptor missiles
20:29 USA prioritizes Israel over GCC
23:26 What does victory look like?
25:25 US allies need more munitions
26:25 Deindustrialization
28:08 Trump meets with weapons CEOs
29:16 Corruption in Pentagon
30:49 Wall Street wins
31:45 US empire underestimates rivals
32:28 Iran destroys radar system
33:07 Iran hits energy infrastructure
33:32 Hotels hosting US military officials
34:54 US military uses civilian ports
36:10 Gulf monarchies are not neutral
37:08 Top oil producers, by country
37:35 Top oil exporters, by country
38:24 Top natural gas producers
38:39 Top LNG exporters
39:11 Strait of Hormuz alternatives
40:10 Saudi alternative oil pipeline
41:11 Iraq and Kurdish fighters
42:31 Insurance companies avoid region
43:13 Trump Hormuz US Navy proposal
44:15 China in talks with Iran
44:58 Asia imports most Gulf energy
45:38 China stockpiles commodities
47:58 China renewable energy strategy
49:23 India wants Russian oil
49:57 India's ties with USA & Israel
51:39 South Korea hurt by oil crisis
52:12 Europe faces new inflation shock
52:39 EU wants Russian oil
53:17 Ukraine backs Gulf dictatorships
54:08 Geopolitical reality
54:53 Gulf monarchy propaganda
56:00 Foreign nationals in GCC countries
56:34 Migrant workers in Persian Gulf
58:32 Asymmetric warfare results
59:59 End of "strategic patience" doctrine
1:00:55 Supreme leader Mojtaba Khamenei
1:01:57 Nuclear weapons
1:03:29 Clear losers of Iran war
1:04:42 Outro
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