On What Really Matters, Walter Russel Mead discusses Iran’s stranglehold on the Strait of Hormuz, Presdient Donald Trump’s creation of a $1.8 billion slush fund, the noose tightening around Cuba, and what Walter saw and heard on a recent trip to Ukraine.
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A production line of the Glide, a high-altitude glider that delivers munitions across thousands of miles, is seen at the defense tech startup Mach Industries in Huntington Beach, California, on September 11, 2025. (Getty Images)