Richard Wolff & Michael Hudson: America’s Grip Is Gone – Here’s What Iran, Russia & China Did

Expert analysis on Middle East tensions following US-China talks: Iran's Strait of Hormuz leverage, oil trade tolls, and global energy implications. Examines shifting regional alliances as Gulf states reconsider US security guarantees amid military vulnerabilities. Explores potential Saudi-Iran détente, Israel-UAE coordination, and China's expanding diplomatic-economic role. Addresses US political instability undermining foreign policy credibility, nuclear escalation risks, and the broader transition toward a multipolar global order. Also covers Taiwan tensions, rare earths diplomacy, and how BRICS nations are building strategic reserves and alternative trade systems to navigate growing geopolitical uncertainty. A sobering look at how declining imperial power, regional realignments, and great power competition are reshaping global security and economic frameworks.

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