Great Game – Why Biden goes soft on Iran
Welcome to this week’s Great Game! This week we attempt to add some nuance and layers to the understanding of the US-Iran conflict while adding my two cents to the ongoing oil debate.
US attacks in Syria and Iraq was a soft response
The US retaliated against Iran after the attacks last week – but as we predicted last week, the US went quite soft and limited their strike to Iranian proxies and not Iran itself. That was a de-escalating move that Iran will likely not respond in force to. The risk of war is over for now.
As explained last week, the two parties are….
There are early signs that Political risks have plateaued in the Oil space and US military retaliations may not be as escalatory as portrayed by many media outlets. Read our week’s geopolitics take below!