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Radio War Nerd EP 588 — Iran War Update, Day 11

Mar 11, 2026
A sharp rundown of Iran's widening war and the dramatic strikes reshaping Gulf defenses. Coverage of radar hits that degraded US and allied early warning systems. Analysis of Hormuz closures, oil market shocks, and Gulf states scrambling under political and economic pressure. Notes on regional spillovers into Lebanon, Syria, Azerbaijan, and the broader global fallout.
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INSIGHT

Iran Is Intentionally Escalating Not Bluffing

  • Iran is deliberately escalating to inflict long-term costs and force a settlement rather than bluffing.
  • Abbas Araqchi's post warned this is not a bluff and Iran has many undisclosed options to hurt oil and infrastructure, signaling intent to sustain pressure.
ANECDOTE

Trump Gloating Over Sinking Iranian Ship

  • Mark Ames played a clip of Trump celebrating sinking an Iranian ship and mocking capture, illustrating the administration's gloating rhetoric.
  • The clip quoted Trump asking why they sank the ship and saying 'it's more fun to sink him.'
ADVICE

Anticipate Government Market Manipulation During Crises

  • Expect market intervention and distortions when political actors try to manage prices during conflict.
  • Mark Ames explains Treasury shorted oil futures and Trump publicly declared the war over to push prices down and punish speculators.
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