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Janice and Rudyard unpack another wild week in global affairs, beginning with news of heavy Israeli strikes overnight on Hezbollah in Lebanon in response to attacks on Israeli troops. Although both sides have agreed to another ceasefire, these skirmishes could jeopardize the fragile memorandum of understanding between Iran and the U.S., potentially giving Tehran leverage over Israel by threatening to walk away from the deal.

How does Prime Minister Benjamin Netanyahu respond to this latest escalation when Israel’s deterrence credibility may be constrained by the agreement with Iran? And what if the MOU is merely a tactical ploy to reopen the Strait of Hormuz, lower oil prices, and buy time without resolving any of the underlying issues—setting the stage for renewed conflict after the U.S. midterm elections?

In the second half of the show, Janice and Rudyard turn to this week’s G7 meeting in France and ask whether there is any evidence that meaningful pressure is finally being brought to bear on Russia. President Zelensky has helped Ukraine build one of the world’s most formidable drone capabilities, and the country’s growing confidence was on display as dramatic images emerged from a brazen overnight drone strike on Moscow.

If the tide is indeed turning, Putin—already under significant political pressure—may have few conventional options left. What are the risks that, as he is pushed closer to the brink, he resorts to increasingly dangerous or destructive actions?