Trump Blockades Hormuz as Ceasefire Collapses and Orbán Loses Power

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What was supposed to be a de-escalation between the United States and Iran is already rapidly collapsing. U.S.–Iran talks in Pakistan ended without a deal, and tensions are now rising sharply after President Trump moved toward a blockade of the Strait of Hormuz.

At the same time, a political earthquake is unfolding in Europe. Hungary’s longtime nationalist leader Viktor Orbán has been voted out after 16 years in power, marking a stunning setback for the global right-wing movement and a major realignment in European politics.

Meanwhile, Vice President JD Vance is facing mounting scrutiny amid diplomatic setbacks abroad and declining approval at home, as questions grow about the administration’s ability to stabilize multiple crises at once.

In California, the governor’s race is also in turmoil after Congressman Eric Swalwell suspended his campaign following a wave of sexual assault and misconduct allegations, triggering a criminal investigation and reshaping an already volatile political field.

Jessica Tarlov and Scott Galloway break down what all of this means: Is the U.S. edging closer to direct confrontation in the Middle East? Is Orbán’s defeat a one-off shock — or part of a wider global rejection of populist nationalism? And what happens when multiple political systems start breaking down at the same time?

Fler avsnitt av Raging Moderates with Scott Galloway and Jessica Tarlov