Iran Charges $1 Per Barrel — Israel Prepares To Restart War With Iran | Jeffrey Sachs

Iran Charges $1 Per Barrel — Israel Prepares To Restart War With Iran | Jeffrey Sachs In this interview, Jeffrey Sachs delivers a sharp assessment of the escalating tensions between Iran, Israel, and the United States, while warning that the Middle East remains dangerously close to another major conflict. Sachs argues that Iran has little reason to trust former President Donald Trump, citing years of pressure, sanctions, military threats, and failed diplomatic efforts. He discusses the strategic importance of the Strait of Hormuz, one of the world's most critical oil shipping routes, and explains why keeping the waterway open is vital not only for Iran but also for global energy markets. At the same time, he suggests that Iran possesses significant economic leverage and could respond to continued pressure through measures affecting regional energy flows. The discussion also examines the aftermath of the recent Iran-Israel confrontation. Sachs contends that the military campaign failed to achieve its broader political objectives and warns that renewed escalation could trigger even greater instability across the region. He highlights growing concerns that Israeli leaders may seek to restart military operations against Iran despite the enormous risks involved. Throughout the interview, Sachs repeatedly stresses that threats, ultimatums, and military action are unlikely to bring lasting peace. Instead, he argues that diplomacy remains the only realistic path to avoiding a wider Middle East war. He also cautions that any future conflict involving Iran could have serious consequences for global oil prices, international trade, and regional security. This analysis offers an important perspective on Iran, Donald Trump, the Strait of Hormuz, U.S.-Iran tensions, and the growing risk of another major crisis in the Middle East.