The Bid Picture with Bidemi Ologunde

472. The Brief - March 17, 2026

Bidemi Ologunde, PhD, CICA

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0:00 | 7:16

Check out host Bidemi Ologunde's new show: The Work Ethic Podcast, available on Spotify and Apple Podcasts.

Email: bidemiologunde@gmail.com

In this episode, host Bidemi Ologunde examines three major global signals from March 9 to March 15, 2026: the fragmentation of international diplomacy, the geopolitical shockwaves of the U.S.-Israel-Iran war, and the growing political impact of law, crime, and extremist violence. What happens when wars spread through shipping lanes, energy markets, and city streets at the same time? How are governments negotiating in the middle of crisis instead of after it? And what does history teach us about the danger of local events triggering global consequences? This episode connects the week's biggest developments into one clear picture.

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The first signal I'm looking at for this past week is that international relations are not freezing. They are actually fragmenting into selective transactional diplomacy. Even with Washington consumed by war, top U.S. and Chinese economic officials met in Paris, France on March 15 to preserve their trade truce and clear a path toward a Trump-Shi summit, with the talks focused on tariffs, rare earths, export controls, and agriculture. On that same day, Iran's ambassador in Riyadh, Saudi Arabia said Tehran's relations with Gulf states would require a quote serious review in light of the war, while Emmanuel Macron, the French president, pressed for restored navigation through Hormuz and for a broader political and security framework to address Iran's nuclear and regional posture. Also on March 15, Israeli and Lebanese officials were edging toward possible talks over a durable ceasefire, although the process remained contested and incomplete. The signal here is that diplomacy is no longer waiting for peace before it starts. States are bargaining inside the crisis, file by file, issue by issue. So that matters because it tells us that the international system is becoming more modular. Trade can be negotiated while war rages on. Regional deconfliction can be explored even while battlefield operations continue. And rival capitals are trying to redesign the political architecture of the Gulf before the shooting has even stopped. That is not stability, it is crisis management by compartmentalization. The second signal I'm looking at is that geopolitics has shifted from escalation by strike to escalation by choke point. The most important recent update on the US-Israel-Iran war is that it has clearly moved into a campaign over strategic infrastructure and economic coercion. Reuters reported on March 14 that the Trump administration had rebuffed efforts by Middle Eastern allies to open ceasefire talks while Iran also rejected a ceasefire unless US and Israeli strikes first stopped. By March 16, Israel was saying it had detailed plans for at least three more weeks of war. At the same time, the Strait of Hormuz remained effectively throttled, with approximately a fifth of global oil and liquefied natural gas normally passing through that corridor, and oil benchmarks had surged more than 40% since the war began. The freshest battlefield and spillover indicators reinforced that point. On March 15, a fragment of an Iranian missile struck a residential building used by the US Consul in Jerusalem, although no U.S. personnel were injured. By March 16, Reuters was also reporting that drone attacks had disrupted Dubai airport operations and hit the UAE's Fujaira energy hub where crude loading had been suspended at a key terminal. This is why the war now looks less like a contained exchange and more like a struggle to impose strategic paralysis on shipping, on energy, on aviation, and on allied decision making. And here is the other critical update. Washington's allies are anxious, but not aligned. On March 16, Germany, Spain, and Italy said they had no immediate plans to send ships to unblock Hormuz while Britain and Denmark were more cautious and conditional. That means the coalition problem is now part of the war itself. The US can escalate militarily, but it cannot assume automatic Allied participation in the Gulf. So the geopolitical signal is stark. The war is widening faster than the coalition behind it. So the third signal I'm looking at is that law and crime are becoming the domestic aftershock of foreign conflict. On March 9, Norwegian police said the blast at the US Embassy in Oslo was caused by an improvised explosive device and they were investigating terrorism, including a possible link to the Iran war, as one line of inquiry. That same day, Belgian authorities called the explosion at a synagogue in Liege an anti-Semitic attack and moved to reinforce security around Jewish sites. Then on March 15, French counter-terrorism prosecutors placed two brothers under formal investigation for planning what they called a deadly and anti-Semitic attack after police said they found a semi-automatic firearm, acid, and an ISIS flag during a stop. At the same time, ordinary criminal insecurity is also being translated into political power. In Marseille, France, where Reuters described the city as the epicenter of France's struggle with drug crime, security became the top voter concern in the municipal race, and the far-right candidates ran neck and neck with the incumbents on March 15 after campaigning on more police, more cameras, and harder enforcement. So the law and crime signal this week is twofold. Extremist threats are intensifying around symbolic targets, and broader public fear over crime is increasingly being converted into electoral momentum for other-edged politics. So the clean takeaway for this week is this diplomacy is fragmenting, choke point warfare is redefining geopolitics, and domestic security systems are already absorbing the blowback. So decades ago, when World War I was kickstarted by an unfaithful event in Sarajevo, that has taught the world that the most dangerous moments are not always the loudest ones at the start. They are the moments when a regional crisis stops behaving like a regional crisis. This past week, the world moved further into exactly that kind of moment. If you like this episode, please share it with a relative, a friend, a coworker, a neighbor, an acquaintance, and so on. And then please leave a rating andor a review on your favorite podcast app. My name is Videmio Logunde, and this is the Big Picture Podcast. Thank you for listening.

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