The Iran trap: No peace no war

The Iran trap: No peace no war

April 29, 2026 · 29 min

About this episode

The episode discusses the current stalemate in the Iran conflict and the implications of the UAE's split from OPEC.

US defence secretary Pete Hegseth denies Trump's war on Iran has hit a "quagmire", but the reality on the ground tells a different story. With an ongoing stand-off in the Strait of Hormuz and diplomatic efforts yielding little progress, the war appears to have hit a stalemate. So what or who decides how this ends? And what does the United Arab Emirates' split from the Organisation of the Petroleum Exporting Countries (OPEC) say about fracturing relations in the Middle East? Guest: Esfandyar Batmanghelidj, founder and chief executive of the Bourse & Bazaar Foundation think tank Get in touch: We'd love to hear from you! Email us at global.roaming@abc.net.au Find all episodes of Global Roaming on ABC Listen or wherever you get your podcasts.

People in this episode

Hosts: Geraldine Doogue, Hamish Macdonald

Guest: Esfandyar Batmanghelidj

Topics covered

Keywords

Mentioned in this episode

Organizations: Bourse & Bazaar Foundation, Organisation of the Petroleum Exporting Countries

Places: United Arab Emirates, Strait of Hormuz

Explore listener stats, chart rankings, contacts and more on the Global Roaming with Geraldine Doogue and Hamish Macdonald podcast page.