Oil rise: Trump gets the jitters

The podcast examines the muted response of China to the ongoing conflict in Iran, despite its significant economic and energy interests in the Middle East. China's reluctance to get involved is attributed to its pragmatic foreign policy, viewing Iran as a partner but not an ally. While China has denounced the actions of America and Israel, it has largely remained on the sidelines, a pattern seen previously in situations like the Venezuela crisis. This approach potentially benefits China, as it allows America to become further entangled in the Middle East, diverting attention from China's rise. The podcast also explores the rise of Erewhon, a high-end supermarket chain in Los Angeles, as a status symbol and reflection of the wellness trend among young people.