Walter Russell Mead discusses Iran-backed attacks on global commerce, whether America is a gerontocracy, how oil is saving Joe Biden’s hide, and why Anglo-American power is the big story of world history on his podcast, What Really Matters.

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A robot from AgiBot is seen during the Global Developer Conference, organized by the Shanghai AI Industry Association, in Shanghai on February 21, 2025. (Hector Retamal via Getty Images)