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Podcast Episode

Iran Raises the Stakes on Trump - $2T Price Placed on Next Targets

Kernow Damo··16 October 2026·22 min

About this episode

Right, so Donald Trump has been taking credit for helping American technology companies expand into the Gulf. Big investments. AI partnerships. Another opportunity to tell everyone what a marvellous businessman he is. Now Iran has threatened American-linked interests there which its security chief, Mohsen Rezaei, values at more than two trillion dollars. Attack Iran again, he warns, and those interests could become targets. The valuation is his, unverified, but likely not far off all things considered, we’re talking AI data centres here, fibre optic cables, all manner of other infrastructure thrown into the bargain too, because this warning reaches way beyond just the ongoing issues surrounding oil, into the technology business Trump has just been patting himself on the back over.Which leaves the tech companies involved with a rather awkward question. They’ve been encouraged to commit to the region for years. Can the president who helped promote those opportunities also pursue a military confrontation without putting their business in danger? Yes, well, we’ve seen how well it’s been working out for him so far haven’t we?Trump gets his bit of of applause and moves on. The companies have to stay, after all, they have equipment to install, staff to employ and customers who expect the service to work regardless of what the White House has announced that morning. “Donald said it was a great deal” but that won’t get an application running again will it? Though I’m sure he’d be delighted to repeat how wonderful he is all over again while somebody else sorts out the damage.