Barbara Boyd, 7 March 2026



Barbara Boyd argues that warnings of a 1979-style oil shock after President Trump’s call for Iran’s unconditional surrender are a manufactured panic pushed by the City of London’s financial press and anti-Trump figures to trigger an economic crisis and swing the Midterms. Citing Karoline Leavitt’s definition of surrender as eliminating Iran’s threat, Boyd revisits the 1979 Iranian Revolution, describing the Shah’s industrial and nuclear modernization, opposition from Anglo-American financial interests, and a strategy of “Controlled Disintegration” associated with the Council on Foreign Relations’ Project 1980s. She claims the Shah was overthrown via a human-rights campaign and the Muslim Brotherhood, leading Khomeini to cancel modernization and enabling an oil shock that benefited London banks. Boyd says the same playbook is now aimed at Trump’s pro-worker economic program, but that U.S. energy strength and security measures reduce oil-shock risk; she concludes that ending the Khamenei regime would remove a long-standing economic weapon and ultimately stabilize energy markets.

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