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Iran's Ali Larijani Killed in Strikes; Trump Slams Allies | Horizons Middle East & Africa 3/18/2026

Bloomberg Markets
Wednesday, March 18, 2026 at 7:03 AM
~4 min read
Energy

Original Report

Iran confirms Ali Larijani, the country's top security official was killed in an Israeli airstrike. The 67-year old veteran politician helped Iran's wartime effort against the US and Israel. Also on...

Iran confirms Ali Larijani, the country's top security official was killed in an Israeli airstrike. The 67-year old veteran politician helped Iran's wartime effort against the US and Israel. Also on the show: US President Donald Trump abandoned his effort to recruit partners for the war with Iran and scolded allies who openly rejected his appeals for assistance to end the effective closure of the Strait of Hormuz. Guests include: Ryan Bohl, RANE, Senior Middle East and North Africa Analyst; Maurice Gravier, Emirates NBD, Wealth Management, Group CIO; Livia Gallarati, Energy Aspects, Head of Global Gas. (Source: Bloomberg)

Glass House Analysis

International economic policy has concrete impacts far beyond diplomatic circles. Tariffs show up in the price of goods at stores, supply chain disruptions affect whether products are on shelves, and trade tensions can mean job losses in export-dependent industries. The globalized economy means that decisions made abroad can affect workers and consumers domestically.

Energy prices affect virtually every aspect of daily life—from commuting costs to heating bills to the price of groceries (which must be transported). For working families, energy represents one of the most volatile and impactful line items in their budgets. Energy policy decisions ripple through the economy, affecting everything from manufacturing competitiveness to household financial stress.

The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.

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