The Iran war changes everything: The world will never be the same

Geopolitical Economy Report

The US-Israeli war on Iran is transforming the geopolitical order, and could even unleash a global economic crisis. The conflict has caused the largest oil shock in history, disrupting markets and driving up fuel and food prices.

To better understand the implications for the world, Geopolitical Economy Report editor Ben Norton interviewed economist Michael Hudson, who discussed how Iran is challenging US dollar dominance and undermining Washington’s control over the global oil industry, which has been a key pillar of the USA's foreign policy.

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