Breaking Points with Krystal and Saagar - 3/16/26: US Allies Reject Helping Trump, Oil Execs Dire Warning, Missiles Hit Israel
Episode Date: March 16, 2026Krystal and Saagar discuss US allies reject helping Trump, oil executives dire warning, missiles hit Israel. Maz: https://x.com/MazMHussain To become a Breaking Points Premium Member and ...watch/listen to the show AD FREE, uncut and 1 hour early visit: www.breakingpoints.comMerch Store: https://shop.breakingpoints.com/See omnystudio.com/listener for privacy information.
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Hey guys, Saga and Crystal here.
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Happy Monday.
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What do we have, Crystal?
Indeed, we do.
Trump really scrambling.
making a ton of comments yesterday evening.
He's begging other countries to help secure the straight-of-form moves.
He's saying maybe we shouldn't even be in Iran.
Perhaps that's something he should have thought of before he launched this illegal war of choice.
It's a lot to get to there.
We're also keeping the eye on the markets as they open this morning.
Oil prices obviously have been spiking, hovering right now, around $100 a barrel and huge potential
economic fallout looming.
Israel is reportedly running low on interceptors.
Mertaza Hussein is going to join us to break down the damage to that.
country. Trump and his FCC are threatening broadcasters who tell the truth about his war.
They are demanding patriotic news coverage, very dystopian thing there. Tucker Carlson is claiming he's
being spied on and may be charged by the Trump administration. And Trump official David Sacks
says that he fears Israel may actually use a nuke, which is first time the U.S. administration has
actually acknowledged that Israel is a nuclear power. And obviously, the dire warnings he's sounding
is pretty remarkable coming from someone who is inside of this administration.
Yeah, that's right.
For the first U.S. official ever, I think, to acknowledge Israel's nuclear program.
So we do want to thank you, David Sacks, for finally acknowledging it out in the public.
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Crystal, we never actually thought we would hit 2 million.
I mean, theoretically, I knew it would come, but I actually did not ever think.
it would come this quickly. So we're at 1.9 million. So let's get that extra 100K, all right? And then we can
just worry about it. We can sail off into the sunset. So 1.9 million, get us to 2 million.
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Also, bear with us. Crystal's home. We have an insane tornado warning here. So who the hell
knows what's going to happen here in the DMV area. If anything happens tomorrow, there you go.
that's the reason why. But yeah, why don't we go ahead and start with the Straits of Hormuz and the
crisis there? Yeah, so Trump making all kinds of wild comments, posting on true social,
clearly scrambling and increasingly one of the goals of the war is clearly to reopen the
Strait of Hormuz, which of course was open before we started this war. So really sort of
backsliding here. In any case, have some remarkable comments from Trump on Air Force One
yesterday evening where he is not only begging other countries to help us out,
threatening them
and saying, you know,
maybe he'll blow up NATO effectively
if they don't join in
and helping to solve the problem
that he himself created,
but also saying,
I'm not sure we should be there
in the first place,
which is just like, oh my God,
like, what is going on here?
Let's take a listen to what he had to say.
Some of the countries would be,
you'll help.
Remember, it only takes a couple of people
to screw up the straight,
a couple of terrorists.
You don't need their military is to beat it,
but all you need is
few people dropping minds here and there and you know you allows it up so we need I I'm
demanding that these countries come in and protect their own territory because it is their
territory it's the place from which they get their energy and they should come and they should
help us protect you could make the case that maybe we shouldn't even be there at all because
we don't need it we have a lot of oil being with the number one producer
anywhere in the world times two.
If I double, at least double.
Now I think it's much higher than that.
But we do it.
It's almost like we do it for habit.
But we also do it for some very good allies that we have in the Middle East.
So, Sagar, we broke it, and now he wants the rest of the world to come in and fix it and say,
and maybe we shouldn't even be there at all.
Yeah, you think?
Yeah.
You think maybe so.
Maybe we should have rethought of that before you launched this war on behalf of Israel.
This is just the clearest evidence that we have that not only was there no plan, but they really just didn't believe that the streets of Hormuz would be closed. And I've seen a lot of talk about this. Of course, they knew it was probable or possible, but the point is that they didn't think it was probable. Remember that during the Gulf War, President H.W. Bush, on the very first day of the Gulf War, announced a strategic petroleum reserve release. That was to calm the markets and to make sure that any sort of disruption would have flow as the war continued. They didn't do it until about 10 days, or,
so. And remember, much of that oil is still yet to come online. It's going to take months for actually
to dribble out. Japan, many others are actually doing releases outside of the United States. The entire
global economy is scrambling. And nothing says I had a plan that having to beg other countries
to have to come in and to bolster the U.S. Navy. I also think that what that does highlight is a
massive humiliation for the United States at a big, like, global strategic level. This is the
United States Navy, Blue Water Navy, entire purpose of a Navy is to ensure commerce and trade on the
high seas. And this is effectively a declaration we are not able to accomplish this mission
without multiple other countries. It also is straining U.S. allies to the point where we're having
to pit against each other in a way where the top allies of the United States in a matter of what,
24 hours are all coming out and be like, yeah, I think you're on your own, man. And what this demonstrates
is the chaotic nature, not only of Trump and the so-called like management of alliances,
but it actually really calls into question the entire point of the global empire.
And, you know, you really don't want to use these things until not only can they do it,
but then if you're going to use it, it better damn work.
And so for Iran, this tiny country, which they claim, not tiny, but, you know,
in terms of their military force compared to the United States, to be able to have this threat,
which just so emasculates the global empire.
What does that tell you about the emperor and about the empire itself?
It's an absolute humiliation on the world stage.
And that's before you even have the Houthis joining in.
And I mean, that's what's crazy to me too.
It's like, we had a trial run of all this stuff with the Red Sea and the Houthis.
Ultimately, you know, Biden infamously said, well, we're going to continue striking them.
Do I think it's going to work?
No, but we're going to continue doing it.
Trump actually, you know, did the same thing for a while, blew a bunch of people up,
realized it wasn't going to work and just sort of quietly walked away.
So he should have known because we had a trial run of this.
I mean, same thing with the idea of regime change just coming from strategic bombing.
We had a trial run of that in Gaza where we in Israel committed a genocide, blew the whole area to Smith Koreans.
And guess what?
Hamas didn't fall, which is a much weaker and less well-entrenched organization than ultimately the Iranian regime is.
But I think what happens here is Trump really convinced himself and probably had, you know, people like Netanyahu and Lindsey Graham and whoever in his year.
that this was going to be quick and glorious,
that they could take out the Ayatollah,
they had this opportunity to do it,
that the whole thing, he was reportedly,
according to Strait of Parsy,
telling Gulf Arab allies,
the whole thing would be over in four days
and they would completely capitulate.
So even though obviously military planners
knew that there was a possibility
that the Strait of Hormuz would be impacted
because the Iranians been threatening this
for years and years and years,
he never thought it would get to that point.
And now that we are at that point,
the realization has set in that actually,
I mean,
I can't, I won't say we can't reopen it ourselves, but it would require a ground invasion,
seizing the shoreline.
Right.
You would have, you know, the mountainous terrain there makes it very easy for Iranian forces to come in,
you know, guerrilla warfare style, kill a bunch of our troops, take out a bunch of our equipment,
and then, you know, and then retreat and hide and come back and do the same thing over and over
again.
If we and our allies do start escorting ships through the Strait of Hormuz, it makes everybody
involved, including these, you know, cargo ships that these are just civilian, you know, sailors
trying to earn a living that have nothing to do with this conflict, makes them sitting ducks.
So it really is an impossible situation.
The only way to solve this is through some sort of a negotiated end to this conflict.
And, you know, at this point, Iran is not going to just back away without getting something
in return to ensure that they're not going to end up in this place again.
So here's the latest Trump move, you know, the Wall Street Journal reporting.
And this is incredible.
The Trump administration, as soon as this week, plans to announce that multiple countries have agreed to form a coalition,
might call it a coalition of the willing, that will escort ships through this corridor, which runs along the Iranian coast.
U.S. officials said, listen to this last sentence, though.
They're still discussing whether those operations will begin before or after hostilities end.
Kind of a key point there.
And to your point, you know, we've got Germany already taken a pass next element.
they're saying, yeah, we're good here. No thanks. We have the French similarly saying,
no, thanks. We're going to pass. We have the Canadians saying we're good here. We had Japan come out and say,
no, we're not getting involved. So I don't know. At this point, there is no country that has raised
their hand and said, yes, please allow our ships to also be sitting ducks in this preposterous
quagmire disaster that you've created for yourselves and ultimately for the world. Yes, especially the
Anglosphere. So, you know, there's NATO countries, but then there's who are the top U.S.
allies. It's going to be Australia. It's going to be the U.K., it's going to be Canada.
Well, Canada come out and said, no. U.K., Kirstarmer, the prime minister just this morning,
no, we will not be joining into a war with Iran. And Australia also coming out.
I mean, these are beyond even our closest allies, the so-called, you know, part of the Five
Eyes and et cetera. But what that tells you is that when even those people are saying, no, we're not
going to be joining you, it leaves you completely out on a limb.
and makes it so they only have two options. Some sort of escalation, a ground troop option.
Currently, the internal reporting is they believe they want to try and cripple the regime
by taking over Karg Island, which is a possibility. Some 90% of Iranian oil is exported via
Karg Island. The other, of course, is a negotiated settlement. But to have a negotiated settlement
would be, of course, a humiliation also on the world stage, which is why, as Professor
Robert Pape always says, the natural way that this goes about is escalation. It's why Trump is
already inside of the escalation trap.
Why don't we play a three then of Trump now threatening NATO countries if they don't join
in this mission?
Let's take a listen.
I want to negotiate badly as they should, but I don't think they're ready to do what they have to do.
But I think they will be ready at some point.
But we're doing it very well with respect to that all situation in red.
We are talking to other countries about working with us or the policing of the strait.
And I think we get a good response.
If we do, that's great.
And we know that's great.
Remember, as an example, in many cases, that NATO countries, we're always there for NATO.
We're helping them with Ukraine.
It's got a notion in between us.
It doesn't affect us, but we've helped them.
and be interesting to see what country wouldn't help us with a very small endeavor,
which is just keeping the straight open.
And by comparison, it's small because Iran has very little firepower left.
Very small endeavor, very little firepower.
So a little firepower, in fact, that the U.S. Navy needs to beg NATO and all the other world powers to come in and to join us.
I have been thinking, though, if this war is the downfall of NATO, maybe it'd be all be worth it.
But that's like a big, a bigger picture thing.
It is just insane and ironic also.
It demonstrates how unilateral action will always come back to bite you.
Because when you get into that escalation and now you don't have other countries who are bought into the message, it's not just our population.
If you think America's population, which is 10 times more brainwashed and more ra-rah and jingoistic for pro-war propaganda isn't on board with this war, according to every poll that we have out there, what do you think that the European population?
is going to be thinking about this. And don't forget is that while our gas prices are already high,
I think it's like 370 or something right now per gallon, go take a look at European and natural gas
and petrol prices out on the continent. It's not great. There are also many of the European
countries, Crystal, and especially in NATO, are furious because the United States is currently
issuing sanction waivers to India and to any other country that wants to purchase Russian oil,
which is already at sea. So they are massively enriching the Kremlin at this very time.
the rest of NATO only really cares about Russia and Ukraine. Okay, well, guess what? This is enriching
those that country to a huge degree. I mean, we are pumping money into the Russian war machine.
Oil is currently trading around $98, 97 a barrel at the highest level in years. The Kremlin is doing
backflips. They want the price to go to some 140, 160 per barrel, which would be around
$5 something a gallon here in the United States. That is the best case scenario for them,
which is why they're also giving all this intelligence to the Iranians, which we're going to spend a lot of time here, talking about some of the strikes and some of the pinpoint Mortaza is going to break some of that down.
There is absolutely no way that's just Iran on its own. And how can you even be mad at Russia? As Trump even said, he's like, well, it is hard to be upset because it's not like we don't give all this money to Ukraine. The one thing you say about Trump is at least he does occasionally tell the truth.
Yeah. Well, I mean, Trump is right that the Europeans are more screwed out of this than we are because we are a net.
energy exporter. We have more tools at our disposal. You know, if he wanted to, he could say,
okay, we're not exporting any more of our oil. We're keeping it here domestically. That would cause an
entire global shit show. I mean, if you think about it for the Europeans, they were very reliant on
Russian gas. Obviously, they've largely cut that off. Now you've got the other primary source of their
energy, which obviously the Middle East now is imperiled at best. So they are kind of screwed. And, you know,
I did see a report this morning, Scott Besant, Treasury Secretary,
saying, like, well, actually we're letting Iranian oil tankers.
We're letting them, okay, transit, the Strait of Hormuz,
to continue to supply the global oil markets.
And that seems to have led to somewhat of a tick down in terms of the oil futures.
And I'm talking like a tick down to 96 instead of 98, you know, effectively.
But Trump and his regime are thinking that they can effectively bully our allies
and the Europeans in particular into taking.
on this task after we created this whole entire mess.
And they may be right because the Europeans are sort of embarrassingly, you know,
embarrassing at this point and weak and they're kind of screwed, et cetera.
But thus far, they don't seem too willing to want to join in this one.
You've got UN ambassador Mike Walts who was saying that not only do we request that our allies
get involved here, we demand it.
Let's take a listen to that.
Is he hoping that those countries are going to send ships or have they
committed to sending ships and how soon will those naval escorts be ready?
Well, I'll leave those, you know, those conversations to him. The conversations are ongoing.
I think there's an important point that's getting, you know, kind of missed in the conversation
that 80% of the oil coming out of the Gulf heads to Asia. Only about 7-8% heads to the Western
Hemisphere. And to your point on escorts, look, back in the 80s under the tanker wards,
then the last time Iran tried to constrain global energy supplies.
You had French, United Kingdom, even Soviet Union forces in there escorting their tankers out that were heading to their markets.
And I think that's what President Trump is calling upon the world, saying the entire world is affected.
Iran can't hold your economies hostage.
And we certainly welcome, encourage, and even demand their participation.
welcome and courage and even demand.
And, you know, when you put out some rhetoric like that to your point about the weakness,
and then after those comments are made, the UK comes out and says,
sorry, you're on your own for this one.
Again, the level of weakness.
And this is really everything for a global empire, you know, a declining global empire like the U.S.
Everything is about maintaining the facade.
Everything is about saving face.
And once that image is punctured, and once you're proven to be a paper,
for Tiger. And once the rest of the world says, you know, we've got our own ideas about things.
That is the beginning of the end. Yeah, I think it's really, I mean, yeah, I didn't want to see it.
Unfortunately, it's highly predictable. This is like classic empire behavior. Let's put the German one up
there on the screen, for example. Here was Chancellor Merce reacting skeptical about expanding any
EU operation in the Straits of Hormuz. What they talked about specifically, sorry, this was the
foreign minister. He said he was skeptical about potential widening of the mission in the Straits of
Hormuz. We should be clear. I mean, they might make some token sort of announcement that they will
help ensure navigation in the Strait of Hormuz after a cessation of hostilities, or Trump might take
it as a victory that they'll say that they'll put their ships, you know, somewhere near the Straits of
Hormuz. But at the end of the day, if they're not sailing through, if they're not joining some sort of
military action that's happening in the Straits of Hormuz and the way the United States Navy
is currently being floated. That is a real screw you. And remember, as Crystal said, I mean,
these countries are massively, they have massive more at stake here than just the United States.
Yes, in a drastic situation, we could just do an export ban. 90% of Japan's oil comes from
the Straits of Hormuz comes from the Middle East. Forty-something percent of China's oil
comes from the Middle East. The Europeans, it's not just an oil problem they have. It's really
natural gas because of Qatar. So Qatar's natural gas, their LNG, has been massively important
to their ability to try and wean somewhat off of Russian gas since the 2022 Russian invasion of Ukraine.
But you put all this together and the bottleneck of everything that's currently happening.
And you were already seeing, remember, it's not just oil, it's not even just gas.
We're also talking about helium. We're talking about fertilizer. We're talking about urea.
We talked a little bit about that earlier. I was just looking this morning. China has already
released is strategic fertilizer reserve. I didn't even know they had such a thing. Smart behavior.
By the way, real country behavior. Guess which country major economy doesn't have a strategic
fertilizer reserve or any reserve of any kind? United States, which means our farmers are going to be
massively, massively at stake of the global market. And also, China and the U.S.
Trump and China have an upcoming summit, which is supposed to take place at the end of the month.
and the president is even saying that he may delay any sort of that summit or demand Chinese
participation in some sort of Hormuz clearing operation if that summit were to continue to go forward.
They don't care at all.
This is good for them.
You know, there's nothing that they would love more than to have the United States embroiled
in a weeks or years-long war in Iran, which is they get all their interceptor.
They're watching those satellites.
I saw pictures come out of the PLA, the People's Liberation Army, headquarters,
where they're just monitoring the situation
with these giant monitors and maps.
And they're just sitting there watching these missiles
go up, calculating trajectories,
looking at what's working, what's not working,
who, by the way, controls the global drone supply parts.
Where do you think it all comes from?
Comes from China.
All of these electronics,
they're just sitting there quietly and preparing.
Meanwhile, there's increased military activity
in the Taiwan Strait, just to show you that, you know,
they're pushing their proxies as well.
Their main proxy is North Korea.
Korea just launched a ballistic missile two days ago over Japan.
They're freaking out in East Asia.
South Korean press is all over this.
President Trump apparently had to hold some therapy session phone call with the president
of South Korea, who is furious, obviously, about the removal of that batteries.
Like the global order itself is very, very shaky already as a result of this war.
Shall we get to Kevin Hassett?
Yeah, let's go.
No, let's go.
Well, just one quick thing on that, you know, to your point about sort of like the global
order is shaky. And in a lot of ways, the global order is being determined as we speak,
you know, depending on how this war shakes out, how long it goes, how damaging it is to the U.S.,
how damaging is to the world, how damaging it is to the empire, what the Gulf countries do after
this. And in that way, it truly is a world war. You know, world war is not necessarily about, like,
the number of people killed or exactly the number of countries that are involved in hot military
action. Right now, if you look around the world, you have a whole lot of countries in these
interrelated hot war conflicts. But in any case, what a world war really is about is about what the
world order is going to look like coming out of that. And I think from that definition, we are
already in one. Let's go ahead and take a listen to Kevin Hassett here. Very noteworthy. Someone
else made this point on Twitter that the administration, you know, this wasn't Marco Rubio coming out.
You didn't have the, you know, the military brass. It was largely like the economic guys who were
sent down on the Sunday shows to make the case, which tells you a few things.
I mean, it tells you maybe the number one thing that they're concerned about is really the
markets.
And that is an intentional Iranian plan.
This is as much about the Iranians waging economic warfare as it is about the military
conflict.
They see that dimension as being the most crucial because they need to exact that pain on
America to force them to accept their terms and make sure that they don't end up in this
situation again. So Kevin Hassett, who's a chief economic advisor for Trump, gets asked about, so,
hey, if this goes on for months, like, what is this going to mean for the economy? Let's go ahead and
take a listen to how he responds. If this disruption lasts for months, can the U.S. economy
absorb the shock without a recession? First of all, it's not going to last for months.
President Trump's team has briefed us that it's going to be four to six weeks, beginning
two weeks ago, and that we're ahead of schedule.
And so, second, if it did last for a long time, it wouldn't really do a lot of harm to the U.S. economy.
Now, certainly there would be pocketbook issues that we'd have to address, but the bottom line is that the U.S. produces so much oil that you can't really get GDP to go negative with an oil shock the way you could in the 70s.
So we're in a very strong position, but it's really heightened the strength by the fact that we've got a productivity boom from artificial intelligence.
We've got capital spending boom because of the big beautiful bill.
And we've got incomes growing the fastest we've seen since back around 2018.
And so all the fundamentals of our economy are really, really strong.
If Iran thinks that they're going to get President Trump to back down because they're going to make our economy weak, then they just don't understand economics.
So, Sagary basically just dodges there like, well, it's not going to last that long.
They promise this is not going to last.
Oh, really?
So how's it going to end?
Because no one can say that.
It's worth even grappling with what he said.
He said, our GDP won't be affected.
And he's not wrong.
Yes, Exxon is going to do great, okay?
Of Midlands, my home state of Texas, Houston, it's going to be a fun time, all right, to be a club owner in the city of Houston.
It's going to be super fun to own a Ford dealer out in West Texas or in the Panhandle or in Tech, you know, in Lubbock or any of these places.
That doesn't mean that it's going to be good for the rest of us.
Already gas is 370, about a gallon nationally.
Let's think about the scenarios where it's like $450, $5 a gallon.
Let's say even average.
I would say one of the worst case scenarios is around $5 a gallon.
Average, that would be probably $6.57 a gallon in California.
That is a disaster, I think, for normal American pocketbooks.
That also translates into demand destruction.
That's what our friend Rory has talked about, where when gas starts to tick up that high,
people are like, all right, I'm just not going anywhere.
You know, I'm not driving to my uncle's house or something like that.
Don't forget, we got the July 4th holiday in a few months. Are people going to be driving?
So these are times usually when people are always traveling who are either driving, not to mention
jet fuel. Jet fuel prices in Asia. I think in Singapore, jet fuel is going for $200 per barrel right now
because there's something about the specific refining. I'm not an expert, but the experts that I have
been reading, I've been warning that this is going to directly translate into air traffic.
Also, there's been just the war, the actual disruption. So while we were all sleeping last night,
a bunch of flights which were on route to Dubai had to turn around in the middle of the air and actually
go back to where they came from because of a huge fire that broke out. Remember, Dubai is one of the
busiest airport, maybe the busiest airport in the entire world. They handled tens of thousands
of passengers per day, even on a limited schedule. So already they had to cancel flights
for a prolonged period. They're warning people do not come to the airport. They have immense
censorship in the UAE, so I haven't even seen any real videos that have been coming out as a result. But
Just think about, you know, the danger to air traffic in one of the more busiest parts of the entire region,
Qatar Airways, many of these play. These are gateways to Asia. So this will have demand destruction at every
level from the war and to oil. So I think last thing, sorry, go ahead. Oh, I was just going to say,
I mean, that airport is also just like very crucial to the economy of the UAE. You know, it's billions of
dollars every day in revenue that comes through there. And I did see images that purported to be of
a fuel depot near the airport on fire after, you know, presumably an Iranian drone strike.
So, yeah, their economies are still, you know, being messed with in a way that is probably going to
be very difficult for them to recover because their brand is being destroyed.
The Iranian foreign minister went and did a couple interviews yesterday as well.
And he said, hey, the straight-of-form news, it's open for anyone we want it to be open for.
It's not open for the U.S. and their allies.
But, you know, for other countries, sure, straight-of-form moves is open.
open. So let's take a listen to that. Well, as a matter of fact, this straight of Hormuz is open.
It is only closed to the tankers and ships belong to our enemies, to those who are attacking us and their
allies. Others are free to pass. Of course, many of them prefer not because of their, you know,
security concerns. This has nothing to do with us. And at the same time, there are many tankers and ships
who are passing through the Strait of Hormos,
and I can say that the Strait is not closed,
but it is only closed to American, Israeli, you know, ships and tankers,
and not to others.
Yeah.
But we do know, though, that obviously traffic through the Strait of Hormuz
is greatly, greatly diminished because, you know,
even if you are not, U.S. is really a flag tanker-owned tanker,
you're probably not feeling real safe going through there at this point. And the insurance rates have just astronomically skyrocketed.
I mean, a bunch of insurers are just like, yeah, we're not, we're not insuring actually your voyage through this area.
Canadian women are looking for more. More to themselves, their businesses, their elected leaders, and the world are at them.
And that's why we're thrilled to introduce the Honest Talk podcast. I'm Jennifer Stewart.
And I'm Catherine Clark. And in this podcast, we interview Canada.
is most inspiring women.
Entrepreneurs, artists, athletes, politicians, and newsmakers,
all at different stages of their journey.
So if you're looking to connect, then we hope you'll join us.
Listen to the Honest Talk podcast and IHeart Radio or wherever you listen to your podcasts.
You know Roll Doll, the writer who thought up Willie Wonka, Matilda, and the BFG.
But did you know he was also a spy?
Was this before he wrote his stories?
It must have been.
Our new podcast series, The Secret World of Roll Doll, is a wild.
journey through the hidden chapters of his extraordinary, controversial life.
His job was literally to seduce the wives of powerful Americans.
What?
And he was really good at it.
You probably won't believe it either.
Okay, I don't think that's true.
I'm telling you, I was a spy.
Did you know Dahl got cozy with the Roosevelt's?
Played poker with Harry Truman and had a long affair with a congresswoman.
And then he took his talents to Hollywood, where he worked alongside Walt Disney and
Alfred Hitchcock, before writing a hit James Bond film.
How did this secret agent wind up as the most successful children's author ever?
And what darkness from his covert past seeped into the stories we read as kids.
The true story is stranger than anything he ever wrote.
Listen to the secret world of Roll Dahl on the IHeart Radio app, Apple Podcasts, or wherever you get your podcast.
Hi, this is Joe Winterstein, host of the Spirit Daughter podcast, where we talk about astrology,
natal charts, and how to step into your most vibrant life.
And I just sat down with a mini driver.
Irish traveler said when I was 16, you're going to have a terrible time with men.
Actor, storyteller, and unapologetic Aquarian visionary. Aquarius is all about freedom-loving and
different perspectives. And I find a lot of people with strong placements in Aquarius are misunderstood.
A son and Venus and Aquarius in her seventh house spark her unconventional approach to
partnership. He really has taught me to embrace people sleeping in different rooms, on different houses,
in different places, but just an embracing of the isness of it all.
If you're navigating your own transformation or just want to chart side view into how a leading artist
integrates astrology, creativity, and real life, this episode is a must listen.
Listen to the Spirit Daughter podcast starting on February 24th on the IHeart Radio app, Apple Podcasts,
or wherever you listen to your podcast.
Now turning just to oil.
A lot of discussion around what the price of gas is.
going to look like, whose fault it is. The vice president has an idea. It's Joe Biden. Let's take a
listen. All this conversation happens where Joe Biden left us in a terrible situation,
and the reason why gas prices are where they are today is because of Donald Trump's work
to get them lower because in the Biden administration, they were crazy high. The gas prices we're
seeing today are nothing like what we saw at the peak of the Biden administration because the president
has set us up for energy dominance.
And one of the lessons we all have to take away,
frankly, every time we get involved in anything overseas,
whether it's in the Middle East or anywhere else,
the thing we got to take away from it
is energy dominance and energy independence.
Rely on our own people, rely on our own energy.
Biden's price hike.
Remember Putin's price hike?
Let's go with Biden's price hike.
I forgot about that.
Yeah, yeah, that's buried in the PTSD files.
Let's see how that works out, I think,
for the administration. They're going to blame Joe Biden after a war that they literally chose
to enter. Should definitely work. But if you want to know the real disaster scenario, it's this
interview with Secretary of Energy Christopher Wright, where he was on television yesterday, and they said,
should Americans prepare for $200 per barrel, which would be around $7 a gallon at gas? Here's what
he had to say. The price of a barrel of oil closed above $103 on Friday. And the Iranians,
our warning of prices hitting $200 a barrel.
Mr. Secretary, should Americans be bracing for?
Should they be worried that this war will actually drive the price of oil
above $200 a barrel?
So Iran for 47 years has called the United States the great Satan.
So because they call us the great Satan,
I don't think we are the great Satan.
In fact, clearly we're not.
So I don't listen much to Iranian projections of what's going to happen.
So that's a no?
Is disruptions of flow? Very important waterway.
I would pay no attention to what Iran says, but there is a lot of energy that flows through
the Straits of Hormuz. And depending upon the timing and the manner in which this conflict
comes to an end, we're going to see some elevated pricing until we get there.
Where it's going to go, we have done many, many actions to mitigate that price rise.
Yep. So the energy secretary is not ruling out $200 a barrel, which, as I just said, roughly around
like six something, maybe $7 per gallon. I don't even know what they'd be paying in California.
Already California this morning is at $5.50 a gallon. So, I mean, if the national average, it's $370,
it's $5.50 out in California. If the national average is like $6.50, I don't even know what that
would mean. That would be completely insane for the entire country. Let's go ahead and put B3 up here
on the screen, the current price of oil. This is right when we are filming the show. It's right around
$97 a barrel. Things are moving a little bit as of this morning, just making sure,
to make it, you know, totally up to date.
A few drops, maybe 95, but roughly in that range.
I think Brent remains around $100 per barrel.
Some of this is movement on the statements that were made by the Energy Secretary, or sorry,
by the Treasury Secretary Crystal, as you said, who this morning was saying that they would
allow the transit of Iranian oil to continue through the Straits of Hormuz.
But it just demonstrates how they're really caught in a complete bind.
If they want to choke the enemy off completely with Iran, they could invade Cargile,
They could take over their oil refineries.
They could block all Iranian oil shipments.
But what would that do?
It would dramatically continue to restrict the amount of supply that is happening.
And at the same time, the Iranians, while, yes, they had their Kargai Island facility
hit, they then are reaching out and hitting UAE facilities for their ways that they try
to export oil that's outside of the Straits of Hormuz.
So everybody is locked in a place where the U.S. and the global or the allies,
coalition of the willing, you might even call it, or maybe.
the non-willing in this case, the coalition of the non-willing, well, they don't want the price of oil
to continue to go up. The Iranians do. So they'll take the money that the U.S. will allow them to
have. But at the same time, they want the price to continue to spiral. So we are in very, very opposed
interests in both of these respects. And it's also demonstrating every time the U.S.
basically allows Iranian oil to go through or is, you know, panicking about the price of oil,
It actually illustrates that the Iranian strategy of weaponizing oil price is working.
And of course it has to work because the global population is not built into this, is not bought into this, while the Iranian population, at least from what we've seen so far, they're not rising up.
They're fine with the war.
In fact, they probably support it, or at least some of them do in the streets of Tehran and others, not AI, as the president said, which we'll get to in a little bit.
And that's the problem that we have right now.
It's why they're in a better strategic position, even though they have taken such a beating so far.
Yeah, I love how Treasury Secretary Scott Bessent Frames just like,
we're allowing the Iranian tankers to go through.
It's like they're calling the shots here, buddy.
Now, of course, we could blow them up if we wanted to.
But yeah, that would just harm us and our allies even more.
So the, you know, the strategic thinking around the Strait of Hormuz
was sort of based on this outdated idea that Iran, if it was going to close it down,
we'll have to close it down for everyone.
And if that would harm Iran as well, you know, as long as their tankers are going.
and largely, by the way, to China,
they're still able to earn the revenue that they need to, you know,
continue to produce drones and do what they need to do.
And things could get much worse.
I mean, they could escalate to more attacks on oil infrastructure.
They could escalate to more attacks on desalination plants.
This is a region that is not self-sufficient and self-sustaining in any way.
I mean, they require those desalination plants.
They require mass imports of food.
They are not self-sustaining in terms of their,
you know, agriculture. So there are a lot of vulnerable, vulnerable choke points here.
And this is how bad things are. Even the oil executives are like, yo, this is not, this is not
going to be a good thing. Put this Wall Street Journal report up on the screen. Oil industry warns Trump
administration that fuel crunch will likely worsen. American oil executives delivered a bleak message
to Trump officials in recent days. The energy crisis the Iran war has leashed unleashed is likely to get worse.
in a series of White House meetings Wednesday and recent conversations with Energy Secretary
Chris Wright and Interior Secretary Doug Bergam, the CEOs of ExxonMobil, Chevron, and Conoco
Phillips warned that the disruption to energy flows out of the vital straight of Moose Waterway
would continue to create volatility in global energy markets, according to people familiar
with the matter. In response to questions from the officials, they said, oil prices could rise
past current elevated levels if speculators unexpectedly bid bid up prices and that markets
could see a supply crunch of refined products.
Chevron CEO, Mike Worth and Connaker Phillips, CEO, Ryan Lance,
also conveyed their concerns about the scale of the disruption.
Because here's the thing.
Well, yes, it's great from the prices go up, blah, blah, blah.
Then they get worried about, well, wait a second,
what if people start buying EVs?
What if people start changing their habits?
And it lessens the global demand for fossil fuel products, like permanently.
Then that creates a problem for them.
So that's why they get uncomfortable even when the price of oil goes too high,
because then you can get these permanent shifts in consumer behavior.
And as a side note, you know, outside of the U.S.
where we're effectively banned from being able to buy Chinese EVs,
which are superior in every way to the domestic EVs that are produced here,
which I think we can both attest to being happy EV owners.
But the rest of the world, they're going to buy Chinese EVs.
So this idea that, oh, this is brilliant 4D chess and what this is,
Iran war is really aiming at is hobbling China or perhaps hobbling China and Russia,
nothing could be further from the truth because these countries, first of all, are, have been
thinking more long term and strategically, China in particular. You know, for Russia, obviously,
we talked about how the waivers are now being granted for Russia to solve their oil to India
and other places at an elevated premium price, not to mention, guess what we're not going to be
able to send much up to Ukraine, much of anything, because our, you know, munitions and our intercept,
all that stuff is being shipped over to the Middle East and, you know, our stockpiles are running
low. So we're not going to have much to be able to contribute to the Ukraine war. And China,
of course, they love to see us just, you know, bogged down and they're able to see all of our
weak points and where the vulnerabilities are. And they can provide their intel or whatever
resources they're providing to Iran and just sit back and watch this all play out.
Canadian women are looking for more.
More out of themselves, their businesses, their elected leaders, and the world are out of them.
And that's why we're thrilled to introduce the Honest Talk podcast.
I'm Jennifer Stewart.
And I'm Catherine Clark.
And in this podcast, we interview Canada's most inspiring women.
Entrepreneurs, artists, athletes, politicians, and newsmakers, all at different stages of their journey.
So if you're looking to connect, then we hope you'll join us.
Listen to the Honest Talk podcast and IHeart Radio or wherever you listen to your podcast.
You know Roll Doll, the writer who thought up Willie Wonka, Matilda, and the BFG.
But did you know he was also a spy?
Was this before he wrote his stories?
It must have been.
Our new podcast series, The Secret World of Roll Doll, is a wild journey through the hidden chapters of his extraordinary, controversial life.
His job was literally to seduce the wives of powerful Americans.
What?
And he was really good at it.
You probably won't believe it either.
Okay, I don't think that's true.
I'm telling you.
I was a spy.
Did you know Dahl got cozy with the Roosevelt's?
Played poker with Harry Truman
and had a long affair with a congresswoman.
And then he took his talents to Hollywood,
where he worked alongside Walt Disney and Alfred Hitchcock
before writing a hit James Bond film.
How did this secret agent wind up as the most successful
children's author ever?
And what darkness from his covert past
seeped into the stories we read as kids.
The true story is stranger than anything he ever wrote.
Listen to the secret world of Roll Dahl
on the iHeart Radio
app, Apple Podcasts, wherever you get your podcasts.
Hi, this is Joe Winterstein, host of the Spirit Daughter podcast, where we talk about astrology,
natal charts, and how to step into your most vibrant life.
And I just sat down with a mini driver.
The Irish traveler said when I was 16, you're going to have a terrible time with men.
Actor, storyteller, and unapologetic, Aquarian visionary.
Aquarius is all about freedom-loving and different perspectives.
and I find a lot of people with strong placements in Aquarius
are misunderstood.
A son and Venus and Aquarius in her seventh house
spark her unconventional approach to partnership.
He really has taught me to embrace people sleeping in different rooms
on different houses and different places,
but just an embracing of the isness of it all.
If you're navigating your own transformation
or just want a chart-side view
into how a leading artist integrates astrology, creativity, and real life,
this episode is a must listen. Listen to the Spirit Daughter podcast starting on February 24th on the IHeart Radio app, Apple Podcasts, or wherever you listen to your podcast.
This is why the 5D chess narrative around China is preposterous. They are doing very well already outside of this crisis. They get to learn. First they got to study all of our financial sanctions against Russia, which of course they were a huge beneficiary of. Now they get to study,
militarily, how the United States is even capable in the year 2026. Look at all the interceptors,
look at the radars, look at the drone tech, see exactly where it's all vulnerable, how exactly
they would want to pilot it. And of course, they have, what, 250, 300 times the production
base and military capacity of the country of Iran. And so they're just sitting there,
biding their time this entire time. Now, let's go to B5, please, and put this up here on the
screen. This was a recent interview that Trump gave to NBC News. He said,
says that the U.S. may hit Iran's Karg Island again just for fun. Trump told the NBC News
broadcaster on Saturday, U.S. strikes totally demolished much of the oil export hub, not true,
and warned of more attacks on the island. What they did demolish were Iranian military sites
on Karg Island. He says, we may hit it a few more times just for fun. The remarks were American
escalation for Trump, who previously said, they're targeting only military sites on Karg Island,
as they say. Now, the way that I had this explained to me, I was on the phone with somebody recently.
who has a little bit of an idea about what's going on.
And this falls exactly into Robert Pape's entire escalation trap theory.
What they need to do is to change the status quo, right?
The status quo was bad.
So how do you change the status quo?
You only have two options.
One is to have a negotiated solution.
The other is to come up with all sorts of cockamamie schemes
about how maybe this one, the big one,
will change the calculus of the enemy.
So that's why they hit the military sites on Carg Island.
They were like, hey, we're going to hit this so that we can come in and we can get it if we want to.
They say, okay, well, if you do come and get it, we're going to turn it into a death trap for
all of the people who are there.
So, yeah, we're going to pay.
Our economy will seriously pay.
But you're going to pay too.
Now, which one of us do you think is going to hold out longer?
Because they're already going to be transforming their entire nation into a total war economy,
one where everything bunkered down, things get nationalized, seized, you know, the concept of even
like money becomes basically, you know, irrelevant in this total war scenario.
They're just going to go and seize whatever they want.
Obviously, they would still just have to outlast the United States.
But the problem is this magical thinking scenario is that the military is currently selling to Donald Trump.
That's where the Karg Island stuff comes from.
They're like, oh, well, we hit all their missile sites, but now we have to go and hit this particular one.
And then what's next?
Oh, well, we need to go in and we need to seize the island because if we seize the island, it'll cut them off.
But, of course, they'll be able to respond to us.
It's the same thing with the nuclear sites.
The nuclear sites, I actually think, are the real problem in this entire.
in this entire war, because the easiest way for Trump to say, to declare victory, would just be to have
some crazy raid that goes in and sees it, and he can just pull out and say, okay, we're done,
we've neutralized them forever. The issue is, is that because we bomb those nuclear sites,
and it's under several hundred feet of rubble and it's in a tunnel, is to go and get it. They know
exactly where you're coming. You can't just send a small team in the dead of night because
they know you're going to be there and they're going to arm the entire area. So then you have to
send in a bunch of people to secure the area. It might even take weeks.
or months to excavate the rubble, which means an occupation. Of course, they're going to be
sitting ducks for anybody who wants to attack them, which means you've got to have a big perimeter.
And so there's all these magical thinking scenarios. Each one of them means that each one of them
is about changing the status quo. But we've already shown our hand, right? We've bombed,
we killed the Ayatollah. We've bombed all these missile sites. They still are able to launch drones.
And so the final option is just continue to keep doing what we're doing. But that's a nightmare
for all of us at $100 a barrel for oil. And high gaffe.
prices and an economic contraction, maybe even a global depression, and of course, the destruction
of U.S. credibility. So we only have bad options that are in front of us right now. And Trump,
his information environment, I mean, we'll talk about this later. He's like praising Mark Levin.
It's not good, right? And all he wants to hear are all these magical thinking scenarios where
this time we can do it, right? Just if we bomb this, it'll change things on the ground. That's exactly
what happened in Vietnam. That's the problem. Yeah. Well, the Kark Island thing, you know,
treatise. That's something really interesting to me when I talked to him on Saturday.
A great interview. You guys should all go and check that on if you haven't already.
He was like, what the Iranians are going to take note of is that Trump did not bomb the oil
infrastructure on Karg Island. He made a lot of noise and a lot of bluster about, you know,
how hard he was going to hit the island. And then he just targets the military installations.
They will read weakness into that because it shows that he is unwilling to damage the
the oil infrastructure that's going to cause more economic problems for him.
And that is the area of the war that they are laser focused on.
How do we cause economic problems?
So it showed to them that the strategy was effectively working, that Trump was unwilling
to go that far and damage those oil facilities because of what the reverberations would be.
He is afraid of that market turmoil.
Again, that's why all of the economic advisors were sent out to the Sunday shows.
That's why Treasury Secretary Scott Besson is out trying to say.
say whatever he's saying this morning.
That's why they announced their coalition of the unwilling to open the street of the
hormones at some point, potentially theoretically in the future, because he hates to see
the market chaos.
And he knows that it will be devastating to his presidency, especially given the fact that
the American people are by and large not on board with this conflict.
We're not bought into it.
Already we can put the gas prices up on screen.
They've gone up significantly now that national average is actually, I'm looking at it,
this morning, it's $3.72.
So it's ticked up even a little bit from when we made this graphic yesterday evening.
There is no state in the country where gas remains under $2.
I can tell you, you know, two weeks ago when I went to my local gas station,
it was under $2 in the state of Virginia.
And Virginia is kind of like the midpoint of where all of these, you know,
all of these states are and what they're experiencing.
You look out on the West Coast, those red states read in terms of the color on this picture,
not in terms of their political leanings. California, $5.53.
Oregon, $4.49.
You know, all of these are basically over $4, with the exception of New Mexico and Colorado.
So already, you know, there's a real toll being taken at the gas pump that, you know,
filters through all kinds of economic choices that people make.
And that is felt immediately by the American people.
Yeah, 550 a gallon is so crazy.
I mean, it's always so high in California.
I don't know what you people are doing out there.
I know the weather's nice, but at a certain point, I just don't get it, unless you're filthy rich, which I know most of them are.
I've seen the average income statements whenever it comes to California.
On top of all the tax, wow, anyway.
Let's go to B7.
Let's put this one up here on the screen.
You flagged this one.
The hooties are now threatening to actually enter the war.
They say regarding the decision to stand alongside Iran, this decision has been made.
we are monitoring the situation with our finger on the trigger.
Therefore, Yemen's participation is a matter of time.
I think what this demonstrates, because remember, what they would be able to try and shut
down is the Red Sea.
And if you take a look at a map right now with this closure of the Straits of Hormuz,
there's this Saudi Arabian pipeline, the East-West pipeline,
which is trying to export about 70% of their current oil capacity from the pipeline
around the Straits of Hormuz.
Now, the issue, though, is that if the Houthis were to enter,
I think that would be like a dead man switch on the entire region.
You close the Straits of Hormuz and you close the Red Sea.
What that means in both the scenarios is that you actually shut down oil export completely
in the region.
I think, and maybe others can agree, is that this is something being held in reserve
for future escalation.
Even though it does feel like it's been forever, it's only the third week of the war, right?
And they have to last potentially for a long time in this confrontation with the U.S. and with
Israel.
And I actually think if you look at the current Iranian strategy, what they want is to widen
in the war to spread both of these nations thin and to punish them as much as they can.
So with Israel, we're going to talk about that here in a second. Already, they're invading Lebanon.
They have called up several hundred thousand reservists, or at least they're ready to go if they need
to. They might have to do a literal ground invasion and occupation of southern Lebanon with
Hezbollah. They could get into some sort of ground war there. We know that they're running low on
interceptors. So if they're trying to bleed them through Hezbollah, at the same time with the United
States. They have the current economic conflict that's happening. They're just, you know,
shooting all these places in the Gulf. But what they could do is if things ratchet up, let's say
with an occupation of Karg Island, we cut off a total Iranian output. They'll get, okay, we're going to
cut off all oil export in the entire region and just ramp up all strikes on critical oil
infrastructure. So that's where I would kind of see the Houthis as of right now. And then finally,
we wanted to put this video, B8, please, just to show everybody. This happened a couple of
days ago, but actually just happened again this morning, is these Fugera oil terminals in the
UAE, which is a huge export hub, were actually struck by Iranian drones now multiple times,
in addition to Dubai International Airport. This is just in the last 48, 72 hours. So to show you
that after those strikes on Karg Island, this is immediately what the Iranians decided to do,
and they remain able to escalate in that way because of their drone technology. And I think,
you know, just when you put it all together, you are watching.
the Gulf economies truly on the brink, B-10, if we can, just to show all of you, Bloomberg News,
writing this up, that the Gulf economies are currently at risk of the worst slump since the 1990s
on the Iran War. There has been a massive contraction, let's say in Dubai real estate,
let's put B-11 up there on the screen. This is currently like a third of its value in just nine
days if you look at the publicly traded real estate companies of the developers and the landlords
in the area. So the entire like architecture of Dubai, which is basically banking for the global
super elite, no matter who you are, we welcome you into Dubai, all these influencers and all these
other people, it really is going to challenge their standing. And while that's really painful
for them, remember, they have billions, hundreds of billions of dollars invested in our companies
too. And if they're upset, they can pull a lot of that investment and they can go looking elsewhere
because they have no morals and no scruples. They'll go to anybody who is going to protect them
and or backstop their economy. So it's already, like you said, it's a world war. We are in a world
war. It doesn't have to look like the old war. So that's one of the common fallacies that people
always think is that they're like, oh, the new war is going to look exactly like the old one.
And then within about a month, people are like, oh, this one's actually totally different.
And here we are. Yeah. Yep. Epstein class fleeing Dubai is the TLDR there.
And last note that I'll put out here, I'm just seeing this online.
Axios reporting that Trump is considering putting boots on the ground to seize Iran's
Karg Island appears to be contingent on if tankers remain bottled up in the Persian Gulf.
And, you know, that would be no small task.
Because, again, you're on this island, sure.
Could you take it?
Can you bomb the hell out of it?
Can you, you know, land your Marines there or whatever you're going to do?
I'm sure you can.
Then you're on this island, very close to Iran.
where, you know, they're going to be in position to cause some problems for you and create a lot more casualties than we've already had.
And so that's, you know, it's, that would be boots on the ground would be a dramatic escalation.
And I think it's something, frankly, the Iranians are waiting for.
I mean, that's what they've said publicly.
And I don't think it's just a bluff because they know that they have a lot of strategic advantages if you actually have boots on the ground in the country.
And the other thing I'll say about it is, you know, Carg Island, obviously very important.
as you said, 90% of their oil exports flow through Karg Island.
They do have other options.
There are other contingencies.
So it's not like they would be totally completely screwed in terms of oil exports.
If we were to seize Karg Island, I believe it was attacked in the Iran-Iraq War.
And they were able to go in other directions.
And so they do have some backup facilities and mechanisms.
But we'll have to keep an eye on that.
This thing is just continues going up the escalation chain.
as you said, just like Robert Pate predicts.
Yeah, we have about 2,500 Marines that are on their way to the Persian Gulf.
They were diverted from an exercise in the Indo-Pacific Marine Expeditionary Force.
There are already about 50,000 Marines that are in the region.
So it is a big question, why do you need this Marine Expeditionary Force?
I did speak with an expert.
He said that they may be able to bolster, let's say, some of the security, if there is some sort of deployment.
but, I mean, anytime you're calling in more troops, it's not good.
It's usually not good.
All right, let's get to Mortaza Hussaini standing by.
Canadian women are looking for more.
More out of themselves, their businesses, their elected leaders, and the world are out of them.
And that's why we're thrilled to introduce the Honest Talk podcast.
I'm Jennifer Stewart.
And I'm Catherine Clark.
And in this podcast, we interview Canada's most inspiring women.
Entrepreneurs, artists, athletes, politicians, and newsmakers, all at different stages of their journey.
So if you're looking to connect, then we hope you'll join us.
Listen to the Honest Talk podcast on I Heart Radio or wherever you listen to your podcasts.
You know Roll Doll, the writer who thought up Willie Wonka, Matilda, and the BFG.
But did you know he was also a spy?
Was this before he wrote his stories?
It must have been.
Our new podcast series, The Secret World of Roll Doll, is a wild journey through the hidden chapters of his extraordinary, controversial life.
His job was literally to seduce the wives of powerful Americans.
And he was really good at it.
You probably won't believe it either.
Okay, I don't think that's true.
I'm telling you, the guy was a spy.
Did you know Dahl got cozy with the Roosevelt's?
Played poker with Harry Truman and had a long affair with a congresswoman.
And then he took his talents to Hollywood,
where he worked alongside Walt Disney and Alfred Hitchcock
before writing a hit James Bond film.
How did this secret agent wind up as the most successful children's author ever?
And what darkness from his covert past
seeped into the stories we read as kids?
The true story is stranger than anything he ever wrote.
Listen to the secret world of Roll Dahl on the IHeartRadio app, Apple Podcasts, or wherever you get your podcast.
Hi, this is Joe Winterstein, host of the Spirit Daughter podcast, where we talk about astrology, natal charts, and how to step into your most vibrant life.
And I just sat down with a mini driver.
The Irish traveler said when I was 16, you're going to have a terrible time with men.
Actor, storyteller, and unapologetic Aquarian.
visionary. Aquarius is all about freedom-loving and different perspectives, and I find a lot of people
with strong placements in Aquarius are misunderstood. A son and Venus and Aquarius in her seventh house
spark her unconventional approach to partnership. He really has taught me to embrace people sleeping
in different rooms, on different houses and different places, but just an embracing of the
isness of it all. If you're navigating your own transformation or just want to chart-side view into how a leading
artist integrates astrology, creativity, and real life, this episode is a must listen. Listen to the
Spirit Daughter podcast starting on February 24th on the IHeartRadio app, Apple Podcasts, or wherever you
listen to your podcast. Joining us now is Mortaza Hussein of Dropside News. Great friend of the show.
It's good to see you, man. Thanks for joining us. Thanks for having me. All right, so let's break down
some of the military interceptor problem that we're already beginning to see in Israel. First,
we're going to start with C1. We have a video here from NBC News, been verified, but we're all going to
watch. I mean, this is the problem in a nutshell. You are watching two Israeli interceptors try to
shoot down this incoming Iranian missile. They both miss, and you watch as it strikes deep in the
heart of Tel Aviv in the middle of a city. This comes on the heel, maz, of this new report from my friend
Shelby Talcott over at Semaphore. Let's put that one up there.
on the news. Israel is running critically low on interceptors, reportedly entered the current war
already low, and have now informed the United States that they need to be topped up. Obviously,
we have ourselves a very finite supply. So what do you make of the ongoing munitions and interceptor
problem after only two so weeks of war? Well, you know, the crazy thing is that before the war started,
this was seen as maybe the preeminent reason not to have the war. But there are many other reasons
we're seeing now with the straight-up form moves and so forth,
very dire reasons. But arguably, the number
one reason was the lack of interceptors.
These interceptors are extremely expensive.
They're very time-consuming to produce.
I believe in the previous years,
the U.S. sometimes will only produce a dozen years,
something like that. They're very, very finite,
both for the U.S. and U.S. allies.
And as you showed in that video,
oftentimes you have to fire several interceptors
to try to defeat a single Iranian missile
and maybe it won't even be successful.
So the math kind of favors the Iranian.
here. Really, the U.S.
is really goal would have to be to suppress
Iranian fire before the interceptors
run out. There's no indication
that Iranian missiles have run out right now.
They're firing at a slower pace, but they've
also said that they're planning for a war
which can go on for months or even years, potentially.
So it could be the tempo of their operations.
We don't really know a lot of the stuff is classified,
but we do know now that the interceptor fears that we're
raising before the war are now being leaked out.
And if we're in a situation where
the Iranians is still firing and the
interceptors are out, that's very disastrous for the Israeli side in this case. And one last thing,
these interceptors are intended to defend the whole world. So they're attempting to defend the U.S.
positioned in Asia. They're needed in Ukraine as well, too. So if you're draining down the global
supply in one theater, there's going to be tremendous knock on effects. And you could actually
incentivize escalation in Asia, because you're making it easy for the Chinese, North Koreans,
because they don't have the same defense munitions to face that they are, which should be used now in Iran.
Yeah. And what about, I feel like we're being gaslit about the amount of Iranian capacity that has been taken out by the Israelis and the Americans, you know, the sort of race is between the U.S. and Israel trying to destroy not just the missiles, but the missile launchers and, you know, their stockpiles of interceptors running out as Iran continues to be able to fire missiles and then also use drones to menace the region. So what do we know about how much the Iranian capacity to fire missiles has been degraded? And what they're
stockpile of these Shahid drones is as well. Well, you know, almost from the beginning of the war,
the U.S. and Israel has said that they've eliminated Iran's ability more or less to fire missiles,
using figures like 60%, 70%, 90%, 90%, in terms of destruction of launchers and so forth.
There's been some contributing evidence about that. It's hard to say exactly. What we can say for
sure is that the Iran's still firing more than two weeks into the war, which is something I don't
people expected. Secondly, pre-war, they had very significant capacity.
for manufacturing missiles, but also these Shah had drone dimension.
The drones, some estimates say they can cost less than $10,000 each.
Iran entered serial production of the drones many years ago,
so they were mass producing them for a very long period.
And it's sort of a variable that surprisingly the U.S. and Israel didn't account for before,
which is that these cheap drones give Iran precision strike capacity far beyond
at a greater scale than people would have understood before.
I think it would be very hard to shut down the straight-a-form moves, for instance, before without these drones.
You need to have actual ships go out there.
You need to mine it.
You need maybe artillery launchers at the shore and so forth.
But now these drones are very accurate.
You can fly them into ships.
And some estimates say they might have tens of thousands.
It could be fighting them for, you know, many, many years even.
And they're still producing them now, even perhaps in facilities embedded in the mountains and underground, the all-board mountains.
So I think that the whole mythos that Iran had no protection.
He had no ability to resist.
It was sort of giving to Trump, probably with the Israelis, more to make it seem as a kickwalk,
to get into this situation, which he's now mired.
One of the things, Miles, that we've been looking at in particular are some of these new cluster
munitions.
Let's put C4 up there on the screen, just to give everybody an example.
This is from CNN, but there are multiple other reports out here.
How the use of cluster munitions is actually challenging is really air defense.
There is actually, say, an unnerving spectacle that has become a feature of the war in Israel.
outfitting some of the ballistic missiles with cluster munitions that pierced through Israel's sophisticated air defense systems.
They carry up to 11 pounds of explosives. They cluster and explode over so that way they can't be intercepted and then they can hit over a multiple mile radius.
So the fact that they are still able to launch ballistic missiles and even drones, I think does fundamentally challenge the U.S. narrative.
The U.S. narrative is what is it, 95% of production? And then they'll say that launches are down.
What I've noticed, though, is that our strikes are also down.
So in terms of the number of initial strikes that happened in the first couple days of the war,
our strikes seem to be also significantly down, so-called precision strikes,
not counting the Israelis, of course, who are just bombing, you know, whatever they desire.
But what we continue to see is that after a couple of weeks, they're still able to launch missiles,
they're still able to hit drone, not launch drones, they're able to launch and hit critical infrastructure.
And even if we do hit all the production facilities that we know about,
there could be many others that we don't know about.
So this seems to spell a country able to resist for the medium to long term.
Or do you see it differently?
No, I totally agree with you.
And, you know, one thing is very important in the war.
As much devastations happen in Iran so far, it's mostly been in the western and central parts
of the country.
There's a huge eastern part of the country, which is kind of out of the range of these
airstrikes and has not really been affected.
It wasn't affected in the last war either just because it's much more difficult to strike.
So, you know, they have been preparing for this conflict for literally the general.
generations, they've dispersed the production facilities around the country, underground, and so forth.
So it's very, very difficult to completely destroy it, although they are doing tremendous damage
to Iran's industrial base. I think that, you know, if you look at the Iranian savings,
take them for what they will, but they claim that they haven't even fired. They're the missiles
that produced in the last decade. They say they're firing the older missiles, and they're saving
them more advanced ones for later in the conflict when they expect that the Israeli defenses
will be down further. These attacks that have been taking place on the missile defenses in Israel
for instance, they're all basically down payments on future attacks.
Because if you can use your less advanced missiles up front, you drain down the defense batteries
on those, and they can use the more advanced ones later on for a more devastating attacks.
And that seems of what they're doing here specifically.
And to your other point, the way that these air campaigns operate is that they're more intense
at the beginning.
You have all your assets in there.
The Shaka Naa happens up front.
And the U.S. strategy was that the Shakaanah should collapse the Iranian government.
they shouldn't be in the position to continue firing.
Because as you said, the pace and intensity of U.S. operations decreases over time for logistical
reasons.
And even Israeli operations will decrease over time.
So I think that now the bear situation where U.S. ability to course by the air is actually
decreasing because the sortie rate is decreasing.
Logistics are becoming a factor.
Meanwhile, the Iranian fire rate is staying relatively stable now.
And that's not an advantageous position.
The Iranians designed this war to be a marathon, whereas the Israeli's,
the U.S. prefer preferences of sprint, and now it seems like we're entering the marathon.
Yeah.
Very interesting.
You know, what do we know about the actual damage inside of Israel and the GCC member states?
These are all authoritarian countries.
We've been talking here about the level of censorship, the threats against anyone posting
any of the images of destruction.
You also have these private satellite companies that have decided to do the bidding of the
U.S. and Israel and take down their satellite images so that they are no longer accessible,
so we can't see the extent of the damage here.
Well, you know, it was very notable up until about March 7th.
We were seeing satellite images of very serious destruction of U.S. military bases in the region, advanced radars, including for the THAAD radar system, one of which is being moved from South Korea now to replenish it in the Middle East.
So the Iranians had pretty accurate precision strike capacities against U.S. military assets throughout the Gulf and also targets in the Gulf.
And we've seen now reports of people being arrested in very large numbers in the UAE and elsewhere for taking photos of the aftermath of these strikes.
Israel has similar censorship in place.
I'm not sure the level of extent of total damage per se at the moment because I don't think the Iranians are actually trying to inflict physical damage or even kill people specifically.
That didn't be a byproduct of the operations.
But the one thing the main aiming to do is to increase economic pain globally, say that if you're taking us down, we're going to take everyone down with you, specifically in the Gulf states, and also to unnerve the Israelis and keep them in a position of long-term war that can also manifest in greater destruction down the road if the intercepters run out.
So right now, the Iranian position is not actually to create mass havoc.
They're trying more to keep the temperature at a level that they can maintain and that they prefer.
So I think the question now is what will the response be?
And like I said, in Sagar, you says, well, too, the strike rates are going down.
So can the U.S. escalate?
Will the U.S. has to invade parts of Iran or launch a ground operation?
It's actually headed in that direction.
Either is capitulation or escalation, and neither is a very enviable prospect.
And I will say one thing this morning, I was actually looking at Iranian news.
There was an airstrike against a very strange target.
it was a civilian headquarters for an electricity company.
And many several engineers and employees were killed at the company.
I don't think they were expecting to be struck.
It wasn't a military target.
So I think what the Israeli-U.S. strategy now,
and this is probably an Israeli strike, to be honest,
is more to, if you can't coerce them militarily,
see if you can inflict so much civilian pain to the infrastructure and so forth,
that they just capitulate for that reason.
But I think that that also will not be the case.
I don't think they capitulate now after anything has happened at this point.
Oh, of course. I mean, even trying to do that with ground troops is itself a nightmare. Yeah, let's just kill all the electricians. It'll surely work out just like it did in Iraq, right? You know, take out the civil servants, make sure that you collapse the country into civil war. And of course, nothing will blow back on all of us. We did want to get your reaction. Could we put C-5 up here on the screen? The Iranians are warning, the Iranian Secretary of the Supreme National Council, is warning that remaining members of Epstein's network have devised a conspiracy for false flag attack, similar to
to 9-11 that will be blamed on Iran. Let's put all of his, you know, propaganda and rhetoric and all
that aside, even though some of it might even be true. What should we make then of this warning?
Obviously, the Trump allies are going to say, well, that means he's planning something.
And then, of course, others, many of us who are very skeptical about any potential major terrorist
attack here on U.S. soil or some sort of precipitating event, which would, a Gulf of Tonkin,
let's say something like that, for example, which would require, you know, some sort of
escalation. It is clear, are they trying to, what do you make of their statement then of why they're
putting it out? Well, I think it's a number of things. First of all, the invocation of Epstein is quite
common in Iranian communications about the war, partly because they want to highlight the
corruption of the ruling class of the U.S. that this Epstein situation going on literally right before
the war. So that's something that's become a common part of their public communications.
Secondly, I do think they're trying to emphasize
they don't have a conflict with the American public.
It's kind of a very consistent messaging in Iranian politics.
Even during Ali Khan, you have these notorious denunciations of the U.S.,
but he would often differentiate that from the American people
and say it's a conflict with the American ruling class.
So this is kind of consistent with that.
And finally, you know, I do think that there is a possibility
that the U.S. government or is Israeli government,
especially could engineer a circumstance that creates, say,
costs its belly for escalation or tries to create a greater public support for escalation.
Because right now this war is very unpopular with the U.S.
It's actually the most unpopular war, perhaps, started by polls at its outset we've ever seen,
at least in our lifetimes, certainly.
And as time goes on, wars don't become more popular, and become less popular, especially
when casualties start mounting.
And we're going to see very soon when inflation starts going crazy in the United States
because of oil prices and food prices and the many, many things that are going to be
affected by the blockage of the strait of formal.
people are going to be very upset.
Walking with them back on board is some sort of incidents
that causes, you know, alarm or fear
and results in people's rallying to the war itself.
That could be an attack, like the world was alluded to that statement.
But I also think that this push to seize Harg Island in Iran
by Lindsay Graham and others,
that is something which is almost certainly going to generate U.S. casualties.
It could generate catastrophic U.S. casualties.
If you look at the actual geography of the island
and what could that mission could entail.
So I think it's actually a trap to try to get more Americans killed in some way
in order to make the war popular, which is not popular when started.
Yeah.
Wow.
Can we put C6 up on the screen?
As you know, I'm sure, Maz, there are all kinds of rumors online
that Netanyahu has been killed by the Iranians.
He waited a few days and then he put out this video of him in a coffee shop.
Now the sleuth are saying this one may be AI too.
in an attempt to turn this into an intelligent question, I was taking a look at some of the new polling that has come out about Americans' views of Israel. And I mean, compared to where the country has been historically, the negativity that Americans feel towards this country is truly shocking. And I think it's evidenced by the amount of excitement over the idea that Netanyahu may have been killed here. You've got overall only 32% of Americans, according to this NBC News poll.
who have a positive view of Israel.
39% have a negative view.
If you look at the independent and the Democratic numbers in particular,
I mean, it is stunning.
Only 13% of Democrats have a positive view of Israel.
I think most of them are in D.C.
or like Josh Shapiro planning on running for president.
So how much of Israel's calculation is the fact that they know
the political landscape in the U.S.
is changing incredibly rapidly.
They know that this current president,
who they can apparently get whatever they want from
and who they funded his campaign overwhelmingly,
that his party is very unpopular,
he's very unpopular.
Democrats are very likely to retake the White House.
And then they have a very different situation potentially
on their hands with regard to support
from the American superpower.
So how much of that logic plays into, you know,
their sense, like it's now or never,
We got to do this thing.
We got to do it all the way come what may.
Well, you know, it's funny, too.
When you look at those stats, they're very stark, as you pointed out.
I think they're even more stark we segment them out for age, too,
because even on the Republican side, it's more the Mark Levin generation,
which is a very gull about Israel.
Even younger conservatives are much more divided, at least, about the subject.
So I do think that, in a sense, in public support, the clock is ticking.
But, you know, despite that, it's kind of insidious.
I think that they're still planning to hold on to American support,
even if there's very low popular support for Israel.
Because if you look at the moves that the Israeli government's making with this administration,
they're trying to embed many more years of cooperation and, you know, U.S. support, security-wise,
and others for a very, very long time for Israel, making these memorandums of understanding
for maybe 10, 15 years to continue, you know, not funding Israel, quote, unquote,
but basically, you know, doing defense cooperation, which winds up being the same thing.
And likewise, they're building, they're maintaining ties with the measurements.
American elites. So they would like to have a situation where they have a very good relationship
with the American elites. They can sort of change the legal landscape even in the United States
to insulate themselves from criticism as much as possible from the public. It's sort of, you
exploit the corruption of the American political system to keep getting what they want. And I think
that they actually aren't committed to giving this stuff. Maybe they'll have to tone it down a little bit
or be a little bit more behind the scenes. But I think they would like to maintain a relationship
with American elites that survives American public hostility.
And that, we have presence for that.
The U.S. cooperates very close to Saudi Arabia for a very long time.
Saudi Arabia is not very popular in the United States,
but they still get quite a bit out of, yeah, American elites.
And I think the Israelis like to move towards that.
But to your point, Crystal, I do think that Netanyahu right now
is trying to do a bank run on the United States.
He gets as much out of as he can at the moment because he mentioned he does have a very
client U.S. President.
But also, he's thinking of his own end of his life and his legacy.
He wants to be known as the guy who destroyed Iran, who destroyed Gaza, did all these different things.
And he knows that he has a great opportunity to that right now.
So I think that it's a confluence of the trends you pointed out, but also Netanyahu's own political calculations.
Yeah, literally while you and I are talking, just came across.
Hundreds of the thousands of Lebanese civilians being told they will not return to their homes, Israel, completely invading southern Lebanon.
In a different world, that's a huge headline.
Isn't this the first invasion since 2006, which at the time was a huge war?
Everybody covered it now.
I mean, effectively being told, you can never come back until, quote, the safeties of Israelis living near the border has insured.
Who wants to guess that it'll never be insured, the safety of Israelis, and that we just saw another expansion of the Israeli state with its borders?
Absolutely.
This is a big precedent for this in the past.
And according to the, you know, Israeli state ideology, the more hardcore versions of it, of southern Lebanon is part of Israel.
So they have been a territorially erudentist view
regardless of any security concern
they wanted for other reasons.
So I think this is just one of like seven wars
that Israelis are fighting at the moment.
And it's very uncommon in history
for a country to be like that.
And the level of death has happened in Lebanon
basically not reported so much
because of all the other wars,
maybe 800 people who have been killed
just in the four or five days
and rapidly expanding every single day,
the displacing me mentioned.
This is really a situation.
I don't think we've seen since like Imperial Japan,
a country which is so brutal and so multidirectionally violence
that it's almost become part of the national character.
And there's also a lot of violence happening in the West Bank as well, too, at the moment.
Very escalated violence, ethnic cleansing.
So, you know, that's not very popular most people in the world.
And people are just recoiling instead.
Even countries in Europe, which officially support Israel very strong in Germany,
if you look at public opinion, it's soured quite a bit and very rapidly.
So, you know, one wonders if a country can,
survive a situation where its unpopularity is doing so much more.
I do think that they're planning for that.
But, you know, there's no endgame, really.
It seems like they would have wars that are going to be going on for many, many years.
And I do think at some point there are questions that have that can be sustained,
absent, you know, ongoing high levels of political support of blood.
Well, thank you so much for us.
Go ahead, Crystal.
One last for you.
Let's put C-7 up on the screen.
I mean, this footage is just unbelievable.
of a drone that has pierced a U.S. base and you can see it just flying around at will,
going wherever it wants to go, and ultimately we can continue keeping this up on the screen.
Ultimately, it hones in on a target and goes in here and causes some level of damage.
And we know that U.S. bases around the region have been damaged.
I mean, there is a good chance that this effectively ends the U.S. as the global superpower,
as the, you know, invincible hegemon of the world.
How does Israel view that possibility?
You know, is that a problem for them?
Because U.S. is such a benefactor for them?
Is that a plus for them?
Because we are one of their rivals for influence throughout the region.
How do you think that they view that possibility?
You know, I'll say two things.
And I want to comment very quickly in that video, too.
I was very frightened when I saw that video
because that video reminded me of many, many videos
have seen like this from the Ukraine-Russia war, that's a fiber optic drone.
So it's a drone that's very difficult to jam and so forth.
And we've seen so many videos of Russian soldiers running for their lives and being killed
by these drones in the last moments of their life.
And now the drone are disseminating around the world.
And the U.S. is in this war now in Iraq and Iran, all these places because of the attack on Iran.
That's, you know, I don't want to see images of American soldiers running from these drones.
It's horrifying.
Those videos are very, very devastating.
So I think that what I showed in that video is a very, very chilling sort of escalation of the conflict in terms of the way the technology is diffusing.
But secondly, to your point, Crystal, what's happening right now is completely anathema to conventional views of maintaining American interests abroad.
There's a theory in foreign relations that the ideal view for America abroad is to engage in a strategy of offshore balancing.
And offshore balancing means that, you know, you don't let any other country.
become the hegemon in its region. You keep a balance between them because if they're a hegemon,
then they could start undermining our interests. What we're doing in Israel is something totally
different from that. We're creating an Israeli hegemon. We are destroying all their enemies over
years. And if you look at the last several decades, pretty much all of them have either been
heavily suppressed or totally destroyed. And Iran is really the last one. So if you destroy Iran,
you've created an Israeli superpower, basically. Israel is the military superpower of the region.
It's a tremendous shift in what it was maybe when it started.
It was a very small kind of nascent country with the U.S. support to become a superpower.
So you've created a potential competitorly to America in the future.
Someone could stop American interests, someone who, a country which is not very popular with Americans as well, too.
You're creating a potential enemy.
Someone's also embedded in your own systems and surveillance in a very strong way.
This is completely against American interests.
Leave aside all the moral judgments and so forth about it.
creating another rival or potential rival superpower or regional power
has never been in American policy before.
The right thing to do is to balance Israel against its other neighbors
and create a sort of a stasis that the Americans can be at top of
and be the interlocutor for and so forth.
The topping right now is very injurious.
And if you have a situation, maybe 20 years down the road,
30 years down the road where American views in Israel have soured a lot.
But because all Israel have been destroyed by America,
is extremely powerful, they can do that to stop our own interests in the region and abroad.
They can use it to threaten people in America.
It's not an outlandish scenario.
And Israel, despite everything, is not a treaty ally of the United States.
And the reason not treaty allies, if they're an ally, they'd have to support us if we had a problem.
They didn't want to have them reciprocal relationship.
It's a very one-way sponsorship relationship.
So I think that, you know, this destruction of Iran, potentially, the degradation of Iran
and everything that may happen going forward, this is something which is tremendously injurious
to American interests.
And, you know, it's against the basic philosophy
of American foreign policy
as to be constructed for a century.
Yes, you're right.
Very interesting.
Thank you very much, sir.
Appreciate you.
Thanks, guys.
I'm Clayton Eckerd.
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