The War With Iran Could Reshape the Global Economy
Scott Galloway interviews Peter Zeihan (March 9, 2026)
Timestamps
00:00 – In This Episode
00:43 – Where are we right now in the Iran war?
03:16 – Could this escalate into boots on the ground or a wider regional war?
04:31 – What could go right for the U.S. in this conflict?
07:50 – Could the U.S. declare victory and leave?
10:25 – Could Iran’s new leader take a hard line publicly but negotiate privately?
12:36 – Will the U.S.–Israel–Gulf alliance hold?
15:51 – Is the bigger risk the Strait of Hormuz or oil production?
16:28 – Are we losing the asymmetric warfare battle on projectiles?
18:18 – Ad Break
19:29 – Should the U.S. try to end this conflict quickly?
21:27 – What are the global effects of $100 oil?
23:47 – Is $100 oil good for Russia and bad for China?
24:03 – What’s happening with Europe cracking down on Russia’s shadow fleet?
25:29 – Who are the winners so far in this conflict?
26:12 – What major geopolitical story are we missing right now?
28:36 – Where could the Ukraine war be in a year?
30:08 – Is the U.S. less willing to endure wartime losses than Russia?
32:28 – What impact could this have on Europe?
34:42 – Even if the U.S. loses reputationally, are we still the least weakened power?
37:28 – Ad Break
38:36 – What black swan risks should we be worried about?
40:19 – Could any country realistically mediate this conflict?
42:27 – Is the U.S. currently a rogue nation?
43:53 – What do you tell clients about the U.S. economic outlook?
45:21 – Any predictions for the 2026 midterms or 2028 election?
