Steve Hanke: BREAKING: Yemeni Ballistic Missile Strikes Riyadh Airport— Multiple Casualties Reported

We break down the escalating Middle East crisis following Yemeni missile strikes on Saudi airports and oil facilities. We analyze Saudi Arabia's failing military campaign, severe economic vulnerabilities, and threats to its water supply. Discover the truth behind global oil market chaos, where physical delivery prices are skyrocketing far above futures quotes due to massive logistical bottlenecks. We also debunk political spin regarding Russian diesel imports, revealing the mathematical realities behind the rhetoric. Plus, a deep dive into US-Iran tensions, the resilience of the Iranian economy under sanctions, and a look at Brazil's upcoming presidential election and its impact on global bond markets. Tune in for unfiltered geopolitical and economic analysis!

---

Hosted on Acast. See acast.com/privacy for more information.