Episode 1670 • • 1:07:08 - 1:15:02
1670: The Meloni
Red Sea Maritime Security, Economic Impact of Rerouting
Justin Logan of the Cato Institute criticizes the U.S. maritime strategy in the Red Sea, noting that the "Operation Prosperity Guardian" coalition is spending millions to intercept cheap Houthi drones. The hosts argue that the rerouting of ships around the Cape of Good Hope primarily affects European trade and suggest the U.S. might benefit from the disruption by selling more liquid petroleum gas.