This podcast episode covers two main topics: Iran's booming oil exports and the ongoing debate within the European Union (EU) over unifying capital markets. It discusses how Iran's oil exports have reached a six-year high, with China being the largest buyer, highlighting the challenge for Western countries to economically pressure Iran. The episode also explores the EU's internal debate over unifying capital markets and the push for creating a single capital market overseen by the EU financial markets regulator. However, smaller EU countries oppose this move, showcasing the difficulties of further integration in Europe's capital markets.