Iran has unveiled a plan to impose stealth fees on the Strait of Hormuz, using an insurance loophole to keep exacting tolls out of the key waterway post-war.
Telegraph senior foreign correspondent Adrian Blomfield joins Roland Oliphant to break down how the conflict has permanently disrupted the global balance of power, from disrupting the US pivot to Asia to breaking US-Israeli ties.
Plus, they take a moment to consider how the past four months will reverberate in the years to come and ask: what would Herodotus, the first historian of a Persian war, make of it all?
Highlights
Iran’s secret plan to keep control of the Strait of Hormuz
How Trump’s greatest foreign policy failure reshaped the world
WATCH US ON YOUTUBE: https://www.youtube.com/playlist?list=PLJnf_DDTfIVAif-vifC6F2aoPB8GIw6dk
CONTRIBUTORS:
Roland Oliphant, co-host and chief foreign affairs analyst @RolandOliphant
Adrian Blomfield, senior foreign correspondent @adrianblomfield
CONTENT REFERENCED:
How Trump’s greatest foreign policy failure has reshaped the world
https://www.telegraph.co.uk/world-news/2026/06/22/trumps-greatest-foreign-policy-failure-reshaped-world/
Has the US-Israel relationship changed forever?
https://www.telegraph.co.uk/world-news/2026/06/20/has-the-us-israel-relationship-changed-forever/
Producers: Max Bower and Elliot Lampitt
Executive Producers: Venetia Rainey & Louisa Wells
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