Michael Klare, professor and author of Rising Powers, Shrinking Planet, discusses his article “No Exit in the Persian Gulf;” how closure of the Strait of Hormuz would impact the global oil market and the already-stressed European and American economies; the tough talk and military brinksmanship of the American and Iranian governments; why the Carter Doctrine of US Mideast dominance has outlived its usefulness; and the difference between nuclear “breakout” capability and actual weapon production (and why nobody talks about Japanese nukes).

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