In this episode, Alex unpacks reports that the Central Intelligence Agency is working with Kurdish groups to foment unrest inside Iran, warning that the Islamic Revolutionary Guard Corps could retaliate by targeting Kurdish populations and escalating the conflict. He explains how mounting regional tensions are fueling spikes in oil prices and stock-market volatility, and examines Donald Trump’s sharp clash with Spain — led by Prime Minister Pedro Sánchez, who has opposed the Iran strikes and denied U.S. base access — including Trump’s threat to cut off trade.