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Home » Seyed M. Marandi: Iran-Oman Hormuz Deal & the Saudi-Turkey-Pakistan Defence Pact (Transcript)

Seyed M. Marandi: Iran-Oman Hormuz Deal & the Saudi-Turkey-Pakistan Defence Pact (Transcript)

Read the full transcript of Seyed Mohammad Marandi’s interview on Greater Eurasia Podcast, August 9, 2026.

EDITOR’S NOTES: In this interview, Professor Glenn Diesen speaks with Seyed Mohammad Marandi, a professor at the University of Tehran and former advisor to Iran’s nuclear negotiation team. They examine the near-finalization of an Iran-Oman agreement related to the Strait of Hormuz, alongside the emerging Saudi-Turkey-Pakistan defence pact and its regional implications. The discussion covers escalating tensions over energy routes, shifting alliances in West Asia, and Iran’s strategic outlook amid broader geopolitical pressures.

Introduction

GLENN DIESEN: Welcome back. Seyed Mohammad Marandi joins us today, a professor from Tehran University and a former advisor to Iran’s nuclear negotiation team. Thank you for taking the time on a Sunday morning to speak with me.

SEYED M. MARANDI: It’s always a pleasure, Glenn. Thank you very much for inviting me.

Attacks in the Strait of Hormuz and Iran’s Strategy

GLENN DIESEN: So we see a lot of things having happened over the past 24-plus hours. First, Iran attacked a ship in the Strait of Hormuz, which caused a lot of outrage, especially from the UAE. We also see reports of the Iranians being more vocal on their demands against the United States — that is, they should pay compensation for what they have destroyed and remove the blockade on Iran.

Beyond this, of course, we have all these other diplomatic developments as well: the Saudi-Turkey-Pakistan defense pact, the Oman-Iran deal, and the US-Saudi nuclear deal — well, not yet finalized. What do you make of all these developments? Because things appear to be moving fast. We can start with the new attacks in the Strait of Hormuz. How can we understand what is happening now?

SEYED M. MARANDI: It’s just another normal day in West Asia. The situation is unlike what the Americans want to believe — it’s not good for the United States at all. The Iranians are now showing that they’re not going to allow oil, or any other goods, to be exported from the Persian Gulf region without Iran’s consent.

They’ve had a specific project, it seems to me, of targeting UAE ships. They’ve struck a number of UAE tankers over the past few days. And remember, a while back, Trump made that Truth Social threat where every time Iran strikes a ship, they’ll destroy some Iranian critical infrastructure — a bridge or a power plant. But Iran has been striking these tankers since then and blocking any sort of exports from even the Emirates, including from Fujairah, which is outside the Strait of Hormuz.

We can see the same situation in the Red Sea. The Yemeni armed forces are blocking Saudi ships. This morning there was another strike on the Jizan refinery. The pressure is on, the pressure is continuing, and as time goes by, the global energy crisis is getting worse.

Iran’s Awareness of US Internal Politics

SEYED M. MARANDI: The Iranians know exactly what’s going on, and it’s not just the leaders. I rarely go on Iranian TV, but last night I went. I began explaining my views on the region, and I thought I’d speak a bit about Japan. As soon as I said a couple of words, the host interacted with me — it was clear he knew exactly what was going on and the threat to the bond market in the United States. This is how closely events in the United States and the West are being followed.

People know exactly what’s going on in general terms. A lot of people know as much as I do, if not more. They know about the midterm elections. They know what’s going on in the Democratic Party. They know what’s going on in the Republican Party. They know what Tucker Carlson and his political allies are doing. This shows how carefully monitored the situation is, politically speaking.

I think that Iran’s military and political actions are carried out with an eye on what’s going on in the United States — internally but also internationally.

Economic Pressure on Gulf States

SEYED M. MARANDI: Yes, the Emirates are very upset, but there’s nothing they can do about it, and there’s nothing that the United States can do about it. The Saudis are very upset because now they are in the same boat as Qatar, the Emirates, and Kuwait. They can’t export much from the Red Sea. They can’t export from the Persian Gulf.

These are countries that consume a lot. They are not like Iran, which has lived under maximum pressure sanctions and sanctions for decades. The consumer in Saudi Arabia is used to spending like there’s no tomorrow, and that is true across the Persian Gulf region. That is going to have an added impact — not only are the hopes of Trump to bring in trillions of dollars from the family regimes in the Persian Gulf for the US economy going to be dashed, but now it’s going to be the opposite. These countries are going to have to withdraw money from the United States. They’re going to have to sell bonds in the US market in order to sustain their economies, in order to sustain the country, and in order to repair the damage that has been done and the ongoing damage that is being caused.

The costs are enormous, especially for these societies which are extremely wasteful and need huge quantities of money just to sustain themselves.

Iran’s Waiting Game

SEYED M. MARANDI: From the way I see it, the Iranians are playing a waiting game. They’re going to put as much pressure on the other side as possible and try to tolerate the pain inflicted on Iran as much as possible, and outweigh the United States. Based on past experiences since the war began, they have every right to be optimistic.

The 40-day — or 39-day — war, I never figured out exactly how long it was, was a massive failure for the United States.