US forces launched bomb and missile strikes against Iranian nuclear facilities, followed soon by an Iran-Israel ceasefire and the beginning of what could be a diplomatic realignment across the Middle East. The GoodFellows regulars and Hoover Senior Fellows Niall Ferguson, John Cochrane, and former White House National Security Advisor H.R. McMaster discuss the collateral impact of the Trump administration’s move against the Iranian regime. The fallout includes: a possible expansion of Abraham Accords participants (as the Gulf States help Iran pursue a more peaceful nuclear program); NATO members willing to invest more in military readiness; the media’s second-guessing the effectiveness and wisdom of the B2 sorties; plus what message Trump’s use of military might—as opposed to revolving-door diplomacy—sends to the world’s various mischief-making capitals (Beijing, Moscow, and Pyongyang).

Recorded on June 27, 2025.