Iran War Backfires: Gulf Elites Flee, Dump Treasuries, and Blow Up the Petrodollar
Iran War Backfires: Gulf Elites Flee, Dump Treasuries, and Blow Up the Petrodollar
The war on Iran was sold as strength. It has revealed itself as something else entirely: a self-inflicted economic wound of staggering proportions.
Washington didn’t just light a match in the Persian Gulf—it detonated the very financial architecture that underpins American power. By choking the Strait of Hormuz while simultaneously demanding lower oil prices, the Trump regime has reduced policy to incoherent theater. One day, more supply. The next, a blockade. Markets aren’t confused—they’re fleeing.
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