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China Supplied Iran Missile Components and Russia Military Equipment for Wars

Bari Weiss Honestly · Niall Ferguson: Why Peace with Iran Is Inconceivable · July 9, 2026
China Supplied Iran Missile Components and Russia Military Equipment for Wars
Bari Weiss Honestly
Bari Weiss Honestly
Niall Ferguson: Why Peace with Iran Is Inconceivable
"The reason Iran has so many missiles still that it can fire is that the Chinese supplied all the components of those missiles. The reason Putin's war machine can grind on is that the Chinese provide a substantial amount of dual use and we now learn military equipment to the Russian army. So, China is in a sense the sponsor of both these conflicts on the side of the authoritarian powers."
Ferguson reveals China's direct material support for both the Iran and Russia war efforts, providing missile components to Tehran and dual-use plus military equipment to Moscow. Despite this sponsorship of U.S. adversaries, the Trump administration has avoided confronting Beijing because it seeks a trade deal following America's loss in last year's trade war with China.

About this episode

Historian and Green Mantle co-founder Neil Ferguson joins host Raphaela to analyze multiple global flashpoints facing the Trump administration, with particular focus on the Iranian ceasefire collapse, the grinding Ukraine war, and the looming Taiwan crisis. Ferguson reveals that Russian casualties in Ukraine have reached a staggering scale, with monthly losses now approaching the entire U.S. death toll from the Vietnam War, yet Putin continues the attrition campaign now in its fifth year. On Iran, Ferguson describes the situation following Trump's memorandum of understanding as a "Schrodinger ceasefire"—simultaneously existing and not existing—with control of the Strait of Hormuz remaining unresolved as both sides exchange fire while commercial shipping has increased two to three times pre-ceasefire levels. He characterizes Trump's approach as "New York real estate behavior" rather than traditional diplomacy, where the initial deal is just the opening move in extended negotiations. Most strikingly, Ferguson outlines a scenario where China could assert control over Taiwan without military invasion, simply by using coast guard vessels to claim sovereignty over the island's trade and thereby gain leverage over 90% of the world's advanced semiconductor production at TSMC. He reveals China has been directly supplying missile components to Iran and military equipment to Russia, effectively sponsoring both conflicts while the U.S. avoids confrontation due to its desire for a trade deal. Ferguson argues the Taiwan Strait is economically more critical than the Strait of Hormuz, as it represents the chokepoint for the semiconductors powering the entire AI boom, and predicts Trump will face this crisis before leaving office.

Key takeaways

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