this Geopolitical Economy interview, I speak with Dimitri Lascaris about the implications of the new US-Iran agreement and what it reveals about the changing balance of power in the Middle East. We examine why the deal represents a major strategic setback for Israel, how Iran emerged from the conflict in a stronger position than many expected, and what this outcome tells us about the limits of military power, the future of regional geopolitics, and the broader decline of Western dominance in an increasingly multipolar world.