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Cato Podcast •

The Strait of Hormuz and the Price of War

Beyond the immediate crisis, the conversation explores the unintended consequences of military escalation in the Middle East and the limits of U.S. policy responses once global energy flows are disrupted. Evan Sankey and Colin Grabow examine how great-power politics, alliance commitments, and domestic economic pressures will shape the administration’s next moves as the conflict unfolds.