Iran could potentially leverage energy scarcity to pressure Europe, China, and other countries to publicly denounce Israel and the US in exchange for opening energy flows, but Europe's deep integration with US systems (Eurodollar, technology, NATO, LNG) makes this pivot impractical despite crisis conditions.

causalpending

Speaker

Michael Every

Evidence Quote

Europe is deeply imshed with so many American systems...there's an enormous transition cost in doing so [1:08:37]

Source

MacroVoices #525 Lyn Alden: Iran Contagion, Inflation & Private CreditMacro Voices
Created: 8/12/2026, 5:52:35 PM

My Notes

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