Jun 18, 2026 · 55 min · 15 segments
In Episode 483 of Hidden Forces, Demetri Kofinas speaks with Hamidreza Azizi — expert…
Demetri KofinasHost
What's up, everybody? My name is Demetri Kofinas, and you're listening to Hidden Forces, a podcast that inspires investors, entrepreneurs, and everyday citizens to challenge consensus narratives and learn how to think critically about the systems of power shaping our world.

My guest in this episode of Hidden Forces is Hamidreza Azizi, an expert on Iranian foreign policy and the author of The Axis of Resistance, Iran, Israel, and the Struggle for the Middle East.

We spend the first hour of our conversation today picking up where Hamid Reza and I left off when he was last on the podcast, only a few weeks into the commencement of Operation Epic Fury.

We discussed the transformation of Iran's governance structure following the assassination of its supreme leader, Ali Khamenei, the contours of the Memorandum of Understanding signed between the United States and Iran, and how it compares to the JCPOA signed by Obama in 2015.

The question of whether Iran still needs a nuclear weapon at all, or whether demonstrated control over the Strait of Hormuz has become its functional equivalent, the role of Hezbollah and Lebanon as the most volatile variable in any lasting peace arrangement, and an honest accounting of what Iran has lost in this war, and why those losses, not just its leverage, are what have driven Tehran to the negotiating table.

The second hour turns to the broader regional and geopolitical consequences of what has transpired over the last few months.

We deepen our discussion about the changing nature of the Iranian regime and what that means for its relationship with the United States and other countries in the region, before moving to a series of conversations about Israel, the Gulf states, Saudi Arabia, and China.

We discuss Netanyahu's political future, the future of the US-Israeli alliance, the implications for Saudi Arabia and other Gulf states, along with their financial inflows and their attractiveness as destinations for wealthy expats and human capital, and conclude with a discussion about China, its ambitions across its western horizon, and whether a peace agreement between the US and Iran is truly a strategic defeat for the United States, or if in fact it may herald a new era of political and geostrategic realignment in the Middle East that could prove to be more stabilizing and less violent than what we have learned to live with in recent decades.
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