The Next Level 1067: Secret Podcast: Trump Won’t Stop—Because He Can’t Look Weak
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Mar 27, 2026 
Bill Kristol, veteran conservative analyst, brings sharp foreign policy perspective. He discusses the risks of escalating conflict with Iran and how political incentives push toward a wider war. They explore threats to the petrodollar, damage to U.S. credibility and alliances, and the strategic leverage of the Strait of Hormuz.
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Iran Picked Vance To Secure A Quick Exit
- Iran has shown sophisticated diplomacy and leveraged U.S. domestic politics by preferring J.D. Vance as a negotiator.
- That preference signals Tehran expects a negotiator willing to trade concessions quickly to secure an exit and reopen the strait.
War Threatens The Petrodollar System
- The biggest strategic risk of the conflict is accelerating de-dollarization by undermining the petrodollar system.
- If oil trade shifts to other currencies (e.g., a Petro-Yuan), U.S. borrowing costs and global financial dominance could suffer dramatically.
Iran Prioritizes Survival And Proven Leverage
- The Iranians prioritize regime survival and have demonstrated resilience despite heavy losses and targeted killings.
- Their ability to close the Strait of Hormuz and absorb punishment strengthens their negotiating leverage.