Prof. Steve Hanke: Strike Hits Kuwait Power & Water Plant - Critical Infrastructure Comes Under Fire

This interview explores the escalating Middle East conflict, focusing on attacks on Iranian infrastructure, the Strait of Hormuz, and the severe impact on global oil markets. The discussion highlights the illogical nature of current US foreign policy, arguing it is driven by external agendas rather than American interests, leading to plummeting international approval and rising oil prices amid critical inventory shortages. The conversation also covers broader geopolitical shifts, including deglobalization, the weaponization of tariffs against nations like Brazil, and why traditional negotiation tactics fail in existential conflicts. Discover why experts warn the region is a powder keg and how the...