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Heritage Foundation senior research fellow Steve Yates analyzes the implications following an Iranian strike on a cargo ship in the Strait of Hormuz and China-Taiwan tension as satellite images show China building a replica of a U.S. ship.
00:00 – Iran’s drone strike in the Strait of Hormuz
01:34 – Impact of Iranian aggression on global markets
02:53 – IRGC’s attempt to control maritime routes
04:07 – Chubb CEO on maritime insurance volatility
05:11 – China’s mock US Navy ships in the desert
06:38 – Taiwan’s military readiness and regional allies
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