Mark Sloboda analyzes the escalating conflict in West Asia, focusing on Iran’s rejected seven-day proposal and the reignited war between Saudi Arabia and Yemen’s Houthis. He argues that European involvement in Yemen is a strategic misstep that fails to deter Houthi power projection while draining US munitions needed for Iran. Sloboda also examines the Ukraine war, asserting that CIA-directed strikes on Russian refineries are ineffective due to Russia’s surplus refining capacity and high crude oil revenues. The episode concludes by framing these crises as a "geoeconomic game of chicken" wher…
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