Aug 5, 2026 · 52 min · 12 segments
Iran has taken control of the Strait of Hormuz, a key waterway for oil shipment out of the Persian Gulf, and the United States has not been able to force its reopening through military means…
Jonathan GeyerHost
The US war with Iran is nearing the six-month mark after a new round of bombing.

As oil prices rise and the midterm elections approach, there's still very little clarity on how this will all end.

I'm excited to welcome Gregory Brew to the show to help us understand the situation.

Greg is an oil historian focused on Iran and a senior analyst at Eurasia Group.

He breaks down what's really going on with the Strait of Hormuz, some relevant historic parallels that merit a lot more attention, and how oil markets are learning to navigate through all this geopolitical disruption.
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The US war with Iran is nearing the six-month mark after a new round of bombing.

As oil prices rise and the midterm elections approach, there's still very little clarity on how this will all end.

I'm excited to welcome Gregory Brew to the show to help us understand the situation.

Greg is an oil historian focused on Iran and a senior analyst at Eurasia Group.

He breaks down what's really going on with the Strait of Hormuz, some relevant historic parallels that merit a lot more attention, and how oil markets are learning to navigate through all this geopolitical disruption.