In this episode of The PDB Situation Report:

• President Trump’s plan to crush Iran’s economy may put Washington on a collision course with China, Tehran’s largest remaining oil customer. Joshua Philipp joins us to discuss whether Beijing will cooperate with the economic campaign—or keep the Iranian regime alive.
• Russia pounds Kyiv with 168 drones and dozens of missiles, killing at least 16 people as Ukraine’s air defenses run dangerously short. John Hardie, deputy director of the Foundation for Defense of Democracies’ Russia Program, joins us with his analysis.

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