Why Iran is a trap for Trump - Yanis Varoufakis & Wolfgang Munchau | The Econoclasts

Explains how Hormuz disruption and sanctions could produce a lasting global downturn.

Energy & climatePodcast episodeintermediateeconomic recessionenergy shockgeopolitical riskiran conflictoil marketsrussia windfallYanis VaroufakisWolfgang Munchau

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• The Econoclasts (UnHerd) · 2026-03-18

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