A naturally formed, narrow, typically navigable waterway that connects two larger bodies of water
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**Discussion begins at 4:00**Today, we are going to talk about the tale of the SS Ourang Medan. This ghost ship was reportedly discovered adrift in the Strait of Malacca in the late 1940s. According to the story, various ships received a chilling distress message from the Ourang Medan stating that the entire crew was dead, followed by a final cryptic transmission: "I die." When rescuers eventually located the vessel, they found the crew's corpses scattered across the deck, their faces frozen in expressions of terror, with no visible signs of injury. Efforts to tow the ship back to port reportedly failed. Before the vessel could be salvaged or investigated further, it allegedly exploded and sank without a trace. The cause of the crew's deaths and the subsequent destruction of the ship remain unexplained, fueling speculation. Theories have ranged from carbon monoxide poisoning and chemical weapons to paranormal phenomena or alien encounters. Today we take a deep dive into the legend of the SS Ourang Medan, one of the most eerie and enigmatic maritime mysteries ever told.Send us a textSupport the showTheme song by INDA
Learn to invest alongside the top minds in commodities. Join The Commodity University today. CLICK: http://bit.ly/43YNOa5 In this episode of The Jay Martin Show, Jay sits down with Lyn Alden, founder of Lyn Alden Investment Strategy and author of Broken Money, to break down what's really driving America's debt spiral and how trade wars, rare earths, and energy leverage are reshaping global power. The pair also dig into reshoring U.S. manufacturing—and why it's way harder than politicians make it sound. Follow Lyn Alden: https://x.com/LynAldenContact https://www.lynalden.com/ Purchase Broken Money: https://a.co/d/3mDPQH2 Sign up for my free weekly newsletter at https://2ly.link/211gx Be part of our online investment community: https://cambridgehouse.com https://twitter.com/JayMartinBC https://www.instagram.com/jaymartinbc https://www.facebook.com/TheJayMartinShow https://www.linkedin.com/company/cambridge-house-international 00:00 Intro 01:12 The U.S. Deficit Problem, Explained 10:02 Who Wins and Loses in a K-Shaped Economy? 16:08 The Doom Narrative: Why It Sells and What It Misses 19:25 What's Really Behind America's Tariff Push? 29:49 Steel, Nickel, and Rare Earths 33:48 Is Re-Industrialization Just Political Nostalgia? 38:23 China's Rare Earth Monopoly 42:30 Why the U.S. Is Deepening Ties with the Gulf States 46:31 The Strait of Hormuz and U.S. Oil Strategy Copyright © 2025 Cambridge House International Inc. All rights reserved.
Tá Conradh na Gaeilge ag tabhairt an tríú cás cúirte in aghaidh Fheidhmeannais na 6 Chontae agus freisin in aghaidh an Aire Pobal, mar gheall ar an teip Straitéis don Ghaeilge a thabhairt isteach.
Officials say 23 people have survived after a passenger ship sank in the Bali Strait of Indonesia early Thursday. Search and rescue operations are continuing for the missing.
When Iran attacked a US airbase in Qatar – a response to strikes on its nuclear facilities – many feared a global war may be imminent. But there was one market that didn't break a sweat: oil. It's typically a commodity that surges at the first sight of conflict in the Middle East. This time though, oil traders bet that the conflict involving Iran, Israel and the US would be short-lived. The FT's energy editor Malcolm Moore explains how traders called the outcome correctly. Clips from ABC News, Al Jazeera, Associated Press, CBS News, Fox 9 Minneapolis St Paul, ITV News, KTLA 5, NBC News- - - - - - - - - - - - - - - - - - - - - - - - - - For further reading:How oil traders called the Middle East conflictFuel and fury: energy becomes a Middle East battlefieldWhy oil traders are watching the Strait of HormuzWhy is the oil price not surging?- - - - - - - - - - - - - - - - - - - - - - - - - - Follow Malcolm Moore (@MalcolmMoore) and Saffeya Ahmed on X (@saffeya_ahmed), or follow Saffeya on LinkedIn for updates about the show and more. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
How are ongoing conflicts reshaping fertilizer and energy markets around the world? Find out with Mike Howell and Nutrien Senior Manager of Market Research, Mark Tully. Explore how energy prices and fertilizer supplies have changed as a result of ongoing conflict in the Middle East - one of the most important regions in fertilizer production. From losing half a million tons of prompt fertilizer supply to the closure of major production facilities, we uncover it all. Take a closer look at both immediate and long-term impacts for producers and importers, including changing urea prices and nitrogen supplies, and how the potential closure of the Strait of Hormuz could impact global availability. Looking for the latest in crop nutrition research? Visit nutrien-ekonomics.com Subscribe to our YouTube channel: https://www.youtube.com/@NutrieneKonomics
How are ongoing conflicts reshaping fertilizer and energy markets around the world? Find out with Mike Howell and Nutrien Senior Manager of Market Research, Mark Tully. Explore how energy prices and fertilizer supplies have changed as a result of ongoing conflict in the Middle East - one of the most important regions in fertilizer production. From losing half a million tons of prompt fertilizer supply to the closure of major production facilities, we uncover it all. Take a closer look at both immediate and long-term impacts for producers and importers, including changing urea prices and nitrogen supplies, and how the potential closure of the Strait of Hormuz could impact global availability. Looking for the latest in crop nutrition research? Visit nutrien-ekonomics.com Subscribe to our YouTube channel: https://www.youtube.com/@NutrieneKonomics
On this episode of the Trade Guys, we discuss why the G7 Summit in Canada failed to produce progress on trade and how negotiations with key trade partners are going. We also look at the implications of the Iran-Israel-U.S. conflict for oil markets and whether closing the Strait of Hormuz could be a viable path for Iran.
On episode 856 of WHAT THE TRUCK?!? Dooner discusses another tragic weekend truck accident. On Saturday, Alexis Osmani Gonzalez-Companioni reportedly fell asleep behind the wheel of his semi-truck, causing a crash that killed five people in Texas. Following Secretary Duffy's appearance on last Friday's show, where he discussed English Language Proficiency (ELP) enforcement and a nationwide non-domiciled CDL audit, CarrierSources' Kevin Hill joins to share how freight brokers and shippers are reacting to these regulations. He'll also reveal what shipper search activity indicates about summer freight market demand. Global turmoil could reshape shipping markets. Focal Point founder and CEO Anders Lillevik examines manufacturing and shipping risks stemming from conflict around the Strait of Hormuz. Plus, GenLogs warns of a load board-based cargo theft ring targeting freight over the 4th of July holiday, and more. Chapters 3:12 Another deadly weekend wreck 7:26 Cargo theft crime ring alert 10:28 ELP and non-domiciled CDL audit | Kevin Hill 16:18 What shipper activity is saying about the summer market | Kevin Hill 30:27 From my point of view, the ____ are evil | Kevin Hill 33:00 Farewell 34:16 Strait of Hormuz: Manufacturing/Shipping Risk | Anders Lillevik Catch new shows live at noon EDT Mondays, Wednesdays and Fridays on FreightWaves LinkedIn, Facebook, X or YouTube, or on demand by looking up WHAT THE TRUCK?!? on your favorite podcast player and at 6 p.m. Eastern on SiriusXM's Road Dog Trucking Channel 146. Watch on YouTube Check out the WTT merch store Visit our sponsor Subscribe to the WTT newsletter Apple Podcasts Spotify More FreightWaves Podcasts Learn more about your ad choices. Visit megaphone.fm/adchoices
On episode 856 of WHAT THE TRUCK?!? Dooner discusses another tragic weekend truck accident. On Saturday, Alexis Osmani Gonzalez-Companioni reportedly fell asleep behind the wheel of his semi-truck, causing a crash that killed five people in Texas. Following Secretary Duffy's appearance on last Friday's show, where he discussed English Language Proficiency (ELP) enforcement and a nationwide non-domiciled CDL audit, CarrierSources' Kevin Hill joins to share how freight brokers and shippers are reacting to these regulations. He'll also reveal what shipper search activity indicates about summer freight market demand. Global turmoil could reshape shipping markets. Focal Point founder and CEO Anders Lillevik examines manufacturing and shipping risks stemming from conflict around the Strait of Hormuz. Plus, GenLogs warns of a load board-based cargo theft ring targeting freight over the 4th of July holiday, and more. Chapters 3:12 Another deadly weekend wreck 7:26 Cargo theft crime ring alert 10:28 ELP and non-domiciled CDL audit | Kevin Hill 16:18 What shipper activity is saying about the summer market | Kevin Hill 30:27 From my point of view, the ____ are evil | Kevin Hill 33:00 Farewell 34:16 Strait of Hormuz: Manufacturing/Shipping Risk | Anders Lillevik Catch new shows live at noon EDT Mondays, Wednesdays and Fridays on FreightWaves LinkedIn, Facebook, X or YouTube, or on demand by looking up WHAT THE TRUCK?!? on your favorite podcast player and at 6 p.m. Eastern on SiriusXM's Road Dog Trucking Channel 146. Watch on YouTube Check out the WTT merch store Visit our sponsor Subscribe to the WTT newsletter Apple Podcasts Spotify More FreightWaves Podcasts Learn more about your ad choices. Visit megaphone.fm/adchoices
In this thought-provoking Market Mondays clip, the hosts Rashad Bilal, Ian Dunlap, and Troy Millings dive into the intersection of war, technology, and market resilience. They start by breaking down the “war index” — highlighting major players like Palantir, Anderil, OpenAI, Microsoft, and Meta — and reveal how data and algorithms are the new battlegrounds alongside traditional military might. Discover why having user data on 3.4 billion people gives Meta unprecendented influence, and how information (and propaganda) shape global conflict just as much as firepower.The conversation pivots to current geopolitical flashpoints, including Yemen's bold entry into the fray, the critical importance of waterways like the Strait of Hormuz, and the complex dance between America, Israel, Iran, China, and Russia. Does long-term regime change trigger more instability? Rashad explores lessons from history, the risks of forced changes, and what global players want for Iran's future.But it's not all global tension! The clip also covers how the markets respond to conflict, why “the market is literally rigged to stay up,” and tactical investment tips on stocks like Palantir and Meta, especially as they break new all-time highs.Crypto fans, this one's for you too—debate heats up over Bitcoin, Jack Dorsey versus Michael Saylor, and the ever-polarizing XRP. Rashad opens up about his fraught relationship with the XRP crowd and pushes Ian and Troy to weigh in: will XRP ever hit $10,000, or will institutional power always win out?Plus, hear exclusive details about Invest Fest, including a raffle for an all-expenses-paid trip to Ghana and special appearances from the likes of Jack Dorsey and past panelists like Cathie Wood.
Watch The X22 Report On Video No videos found (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:17532056201798502,size:[0, 0],id:"ld-9437-3289"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");pt> Click On Picture To See Larger Picture Europe is trouble, with event in Iran they are now seeing they are vulnerable in regards to LNG. Inflation ticked up .2%, this is not inflation this is a fluctuation. The inflation people are feeling is from the Biden admin. OPEC is ready to increase capacity, what happens to inflation. Trump trade deals incoming. The [DS] is losing every step of the way. The SC just ruled the nationwide injunctions are not constitutional. Trump can now continue with his policies, remember the judges they will nee to be impeached. Is Trump setting the Obama with U1. Lindsey is saying that 900lbs of Uranium is missing. Lindsey is an Iron Eagle. Iran was much more than people think. Its to expose it all. Economy https://twitter.com/CynicalPublius/status/1938402609364082979 Europe's LNG Gamble Exposed By Middle East War The Israel-Iran conflict has driven up diesel, jet fuel, and gas prices. With 20% of global LNG flowing through the Strait of Hormuz, even threats of disruption have raised EU gas prices by 20%. Europe's refusal to sign long-term LNG deals or develop local hydrocarbon resources is backfiring. Oil and the security of its supply have stolen the media spotlight in the context of the new Middle East war, and with good reason. Ever since Israel first bombed Iran, diesel prices have soared, jet fuel prices have soared, and importers have been troubled. For Europe, the situation is even worse due to natural gas. Europe has been hurt more than others by the diesel price surge because it has boosted its imports considerably over the past years. About 20% of the diesel Europe consumes comes from imports, and a lot of these imports come from the Middle East. The situation is not much different in jet fuel. Europe depends on imports and a solid chunk of these imports comes from the Middle East. What's true of these essential fuels is doubly true of natural gas—even though direct imports of gas from the Middle East constitute a modest 10% of total imports. Yet they constitute a substantial portion of global gas exports, so any suggestion of disrupted supply affects gas prices in exactly the same way it has affected oil prices—and makes a vital commodity less affordable for Europeans. Europe needs to refill its gas storage caverns for next winter. Even if it cancels the 90% refill rate requirement, it still needs to buy a lot of gas, most of it on the spot market because of that aversion to long-term gas commitments it believes is part and parcel of the transition effort. And geopolitics has made LNG costlier—which will add billions to the refill bill. Source: zerohedge.com (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:18510697282300316,size:[0, 0],id:"ld-8599-9832"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); https://twitter.com/KobeissiLetter/status/1938575712757133319 1. Sticky Services Inflation Core PCE (which excludes food and energy) is heavily weighted toward services, such as housing, healthcare, and financial services. Services inflation has proven persistent, especially in housing rent, insurance, and healthcare costs. 2. Labor Market Strength The job market remains tight: unemployment is low and wages are still rising. Higher wages boost consumer spending, which keeps demand elevated, especially in non-goods sectors like leisure,
From the BBC World Service: A White House official said the talks lay the groundwork for expediting rare earth shipments from China to the U.S. Then, the 12-day war between Iran and Israel brought intense focus on a key waterway, the Strait of Hormuz. How has the conflict affected a region so dependent on the Strait? And, European leaders have been gathering in Brussels to decide on a common negotiating position toward the Trump administration.
If doctors can catch breast cancer early enough, the chances of survival are about 90%. In order to catch it early enough, women over the age of 40 usually get annual mammograms, paid for by their health insurance. Roughly half of those women have dense breast tissue that requires additional screenings, however, which aren't always covered by insurance. Also: a record-high stock market and the state of the economy surrounding the Strait of Hormuz.
From the BBC World Service: A White House official said the talks lay the groundwork for expediting rare earth shipments from China to the U.S. Then, the 12-day war between Iran and Israel brought intense focus on a key waterway, the Strait of Hormuz. How has the conflict affected a region so dependent on the Strait? And, European leaders have been gathering in Brussels to decide on a common negotiating position toward the Trump administration.
If doctors can catch breast cancer early enough, the chances of survival are about 90%. In order to catch it early enough, women over the age of 40 usually get annual mammograms, paid for by their health insurance. Roughly half of those women have dense breast tissue that requires additional screenings, however, which aren't always covered by insurance. Also: a record-high stock market and the state of the economy surrounding the Strait of Hormuz.
Join Us In October: https://www.crisisinvesting.com/p/the-plan-b-uruguay-conference-with-72c?r=3p7f&utm_campaign=post&utm_medium=web Today we answer questions from viewers of phyle.co Doug discusses a variety of topics including US local and national politics, the upcoming Plan B workshop, and the potential economic impacts. He expresses views on the presumed incoming mayor of New York with socialist tendencies, and comparisons to former President Trump. The conversation covers insights into societal changes, the influence of AI, and the implications of UBI. Further, there are discussions on Trump's recent actions in Iran, the future of the financial market, the rise of certain religious and ethnic groups, and his personal reflections on legacy, family, and financial security. Regarding personal matters, Doug shares thoughts on overcoming fraud, staying positive amidst negative news, and the impacts of the potential privatization of US public lands. 00:00 Introduction and Workshop Announcement 00:37 New York's Presumed Mayor and His Policies 02:14 Economic Misunderstandings and Public Sentiment 09:39 Population Changes and Social Dynamics 15:37 The Value of Having Children 19:52 Doug's Thoughts on Legacy and Money 29:20 Confessions of an Economic Hitman Discussion 33:05 AI, UBI, and the Future of Humanity 43:13 Impacts of Trump's Actions in Iran 44:04 Historical Context of Gunboat Diplomacy 46:13 Current Geopolitical Tensions 49:37 Financial Market Predictions 51:52 Book Progress and Writing Updates 52:37 Ethnic and Religious Influences on Global Events 58:50 Iran and the Strait of Hormuz 01:02:22 South Africa's New Community Experiment 01:07:02 Staying Positive Amidst Global Chaos 01:12:15 Avoiding Fraud and Financial Pitfalls 01:15:43 Platinum Market Trends 01:18:24 Privatization of National Lands 01:23:00 Conclusion and Final Thoughts
FedEx's strategic Network 2.0 consolidation program, aims to close 30% of its U.S. package distribution facilities within two years. This initiative is already contributing significant savings, with $200 million expected this quarter, and involves integrating legacy Express and Ground networks to achieve greater efficiency and eliminate $2 billion in annual costs. The broadcast also details Maersk's decision to reopen service at Israel's largest port, Port of Haifa, after a brief suspension due to heightened tensions and missile attacks from Iran. The carrier is closely monitoring the situation, including the navigability of the critical Strait of Hormuz, following reports of a ceasefire. Additionally, Air Hong Kong, a freighter subsidiary of Cathay Pacific Airways and a DHL Express capacity provider, has completed a seven-year transition from an Airbus A300-600 fleet to an all-A330 freighter fleet. The new A330s are larger and newer than the retired A300-600s, offering 25% more payload and an extended range for new destinations such as Bahrain and Sydney. Finally, don't miss upcoming FreightWaves events, including a What the Truck?!? episode featuring Transportation Secretary Shawn Duffy, and major summits like the Enterprise Fleet Summit on July 23rd, and the Supply Chain AI Symposium on July 30th in Washington D.C.. Register for these and get your F3 tickets by visiting live.freightwaves.com. Learn more about your ad choices. Visit megaphone.fm/adchoices
In today's episode on 27th June 2025, we tell you why the Strait of Hormuz won't shut down and why that tiny strip of water could still move your portfolio.
During World War II, the U.S. shipbuilding industry flourished. Now, it's nearly non-existent. China is the dominant shipbuilder in the world economy. On today's show, we look at what happened to American shipbuilding and the protectionist impulses that could stifle a revival.Related episodes:Will Iran block the Strait of Hormuz?The great turnaround in shippingThe wide open possibility of the high seasFor sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.Fact-checking by Tyler Jones. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy
- Trump's Strategy and Netanyahu's Future (0:11) - Trump's Alleged Back-Channeling with Iran (2:25) - Theater for Zionists and Trump's Tweets (5:03) - Trump's Alleged 5D Chess and Geopolitical Judo (20:50) - Iran's Alleged Playing Possum (28:51) - Trump's Economic Strategy and NATO (53:48) - State Department Layoffs and Foreign Policy Shift (1:02:38) - Trump's Alleged Long-Term Strategy (1:12:17) - Trump's Alleged Economic Warfare (1:18:08) - Trump's Alleged Geopolitical Reset (1:20:51) - Launch of New AI Engines (1:21:12) - Availability and Support for AI Engines (1:26:33) - Introduction to Michael Yan and Colony Ridge (1:27:48) - Political Implications and Israel Fatigue (1:33:26) - Geopolitical Tensions and Strait of Hormuz (1:36:57) - Israeli Nuclear Threat and Domestic Terrorism (2:09:16) - Impact of Israeli Actions on International Reputation (2:12:53) - Conclusion and Final Thoughts (2:25:56) For more updates, visit: http://www.brighteon.com/channel/hrreport NaturalNews videos would not be possible without you, as always we remain passionately dedicated to our mission of educating people all over the world on the subject of natural healing remedies and personal liberty (food freedom, medical freedom, the freedom of speech, etc.). Together, we're helping create a better world, with more honest food labeling, reduced chemical contamination, the avoidance of toxic heavy metals and vastly increased scientific transparency. ▶️ Every dollar you spend at the Health Ranger Store goes toward helping us achieve important science and content goals for humanity: https://www.healthrangerstore.com/ ▶️ Sign Up For Our Newsletter: https://www.naturalnews.com/Readerregistration.html ▶️ Brighteon: https://www.brighteon.com/channels/hrreport ▶️ Join Our Social Network: https://brighteon.social/@HealthRanger ▶️ Check In Stock Products at: https://PrepWithMike.com
We're in Dubai looking back on two weeks of uncertainty and concerns the world's busiest oil shipping channel, The Strait of Hormuz, might shut. The UAE is a major global trading hub and home to the biggest port in the Middle East. We'll be hearing how some countries are looking for alternatives to the Strait, such as pipelines or developing refineries. And what could this mean for the future relationship between Gulf states like this one, and Iran? Produced and presented by Sameer Hashmi Additional production: Lexy O'Connor(Image: A small boat loaded with merchandise sails past a container ship in the Strait of Hormuz off the coast of Khasab in Oman's northern Musandam peninsula on 25 June 2025.Credit: Getty Images)
Has Israel just become the undisputed power in the Middle East? After a lightning-fast 12-day conflict, oil prices fell instead of spiking, Iran backed off with symbolic missile strikes (after giving the U.S. a heads-up), and Russia is suddenly too nostalgic about its expats in Tel Aviv to pick a side. We unpack how this war, short, sharp, and stunning, shifted the entire balance of power in the region. Why didn't the Strait of Hormuz crisis materialise? Why are markets pricing in peace while Gaza burns? And what does this all mean for Iran's regime, which now looks more cornered than combative? We also take a surprising detour through France, exploring how language is shaped by power, and why the poor speak more languages than the rich. Is this the start of a new Middle East? Or just the next chapter in a permanent struggle? Hosted on Acast. See acast.com/privacy for more information.
China is emerging from the U.S.-Israeli war against Iran in a much weaker position. For years, Beijing counted on Tehran to serve as a bulwark against Washington. Today, though, that's no longer possible as the Iranian government and its proxies across the Middle East have been neutralized, at least for now. The conflict also exposed a major Chinese vulnerability following threats that Iran might close the Strait of Hormuz in retaliation for the attacks on its nuclear facilities. This would be devastating for the Chinese economy, given that between a third and half of all Chinese oil imports pass through this strategic waterway. Ahmed Aboudouh, head of the China research unit at the Emirates Policy Center and an associate fellow in the Chatham House Middle East and North Africa program, joins Eric & Cobus to discuss the new realities facing Beijing in the aftermath of the war in Iran. JOIN THE DISCUSSION: X: @ChinaGSProject | @eric_olander | @stadenesque Facebook: www.facebook.com/ChinaAfricaProject YouTube: www.youtube.com/@ChinaGlobalSouth Now on Bluesky! Follow CGSP at @chinagsproject.bsky.social FOLLOW CGSP IN FRENCH AND ARABIC: Français: www.projetafriquechine.com | @AfrikChine Arabic: عربي: www.alsin-alsharqalawsat.com | @SinSharqAwsat JOIN US ON PATREON! Become a CGSP Patreon member and get all sorts of cool stuff, including our Week in Review report, an invitation to join monthly Zoom calls with Eric & Cobus, and even an awesome new CGSP Podcast mug! www.patreon.com/chinaglobalsouth
US warns China to stop Iran from closing the Strait of Hormuz, risking 20% of global oil flow. Rubio and JD Vance call it economic suicide for Iran. The panel debates China's role, Iran's credibility, and why America First works better than isolationism in today's global economy.
Today's Headlines: President Trump called for a ceasefire between Iran and Israel Monday night—then accused both sides of not knowing “what the fuck they're doing” after the ceasefire didn't immediately happen. By Tuesday, a fragile truce emerged, though both sides warned they'd resume attacks if provoked. Trump also abruptly tweeted that China could keep buying Iranian oil—despite his prior threats—after they helped keep the Strait of Hormuz open. Meanwhile, a leaked classified report revealed that U.S. airstrikes only set back Iran's nuclear program by a few months, not the “total obliteration” Trump implied. The White House dismissed the report as inaccurate and “demeaning.” In Florida, construction has started on a bizarre new 1,000-bed immigration detention center—dubbed “Alligator Alcatraz”—deep in the Everglades, where escapees would allegedly face only pythons and gators. Toy prices are spiking due to tariffs on Chinese goods, rising faster than inflation. At the same time, nearly 2 million student loan borrowers may soon see wage garnishment as Trump-era loan collections ramp back up. House Democrats elected Rep. Robert Garcia as their new ranking member on the Oversight Committee, while the late Rep. Gerry Connolly's official account mysteriously posted an endorsement from beyond the grave. Resources/Articles mentioned in this episode: CNN: Live updates: Iran-Israel conflict: Trump rebukes both sides hours after ceasefire CNBC: Oil tumbles for a second day, loses 6% as Iran-Israel ceasefire eases supply concerns NY Times: Strike Set Back Iran's Nuclear Program by Only a Few Months, U.S. Report Says WaPo: Florida builds ‘Alligator Alcatraz' for migrant detainees in Everglades WaPo: Toys are getting pricier as tariffs kick in WSJ: Nearly Two Million Student-Loan Borrowers Are at Risk of Docked Pay This Summer Axios: Rep. Robert Garcia elected top Democrat on House Oversight Committee Axios: Dead congressman promotes candidate for his seat on social media Morning Announcements is produced by Sami Sage and edited by Grace Hernandez-Johnson Learn more about your ad choices. Visit megaphone.fm/adchoices
The Strait of Hormuz is a vital maritime choke point through which about 20% of the world's oil and a significant share of liquefied natural gas are shipped daily. Today's Stocks & Topics: EMN - Eastman Chemical Co., How Much Physical Precious Metals Justin Owns?, Why the Strait of Hormuz Remains a Critical Lifeline for the Global Economy, DOW - Dow Inc., BIIB - Biogen Inc., The Labor Market, Difference from a 403b and regular 401k, BCS - Barclays PLC ADR, FINV - FinVolution Group ADR, The Dollar.Our Sponsors:* Check out Ka'Chava and use my code INVEST for a great deal: https://www.kachava.com* Check out Progressive: https://www.progressive.comAdvertising Inquiries: https://redcircle.com/brands
As tensions flare between Iran and Israel, investors are watching oil, gold, and, of course, crypto. In this episode of Bits + Bips, the panel digs into the market response to war risk, the chances the Fed will actually cut rates, and how Circle's IPO is being treated more like a meme stock than a fintech play. Plus: Why Scaramucci says we're all living in a surveillance state Whether stablecoins are being kneecapped by U.S. regulation When altcoin ETFs are coming And what BlackRock's Larry Fink secretly told Scaramucci about Bitcoin in 2021
In this week's Money Moves, Matty A and Mr. Breedwell are back together to break down the biggest market, geopolitical, and real estate headlines shaping the second half of 2025. From Trump's tariff war to Powell's rate pause, the guys unpack what's driving inflation, whether we'll get the cuts the market is begging for, and why risk tolerance is changing in a desensitized, crypto-gambling, TikTok-trading generation.They also touch on record-breaking housing inventory gaps, AI unicorn mania, Tesla vs. Waymo, and what the Iran-Israel ceasefire really means for oil and global volatility.This is a tactical, no-fluff conversation for investors who want to understand what's next—and profit from it.Timestamps:0:00 – Matty's back from Mexico and birthday shenanigans1:00 – CPI drops below 3%, so why are rates still high?3:15 – Powell's inflation warning and Fed rate cut hesitation5:00 – Breedwell leans toward cuts: “We need to re-stimulate lending”7:00 – US economy strength and market liquidity8:30 – Why Gen Z treats the stock market like DraftKings10:45 – Volatility isn't scary anymore—retail is here to play12:00 – Buy the dip: how to profit from war-driven market dips14:00 – Investing should be boring: Breedwell's boring but brilliant strategy16:00 – Powell's trigger-shyness and election-year avoidance18:30 – Trump's public feud with Powell and economic optics20:00 – Tariffs, borders, and bombs: a geopolitical chaos recap22:00 – Operation Midnight Hammer: Iran nuclear strike details24:00 – Media hypocrisy on military action under different presidents26:30 – Israel vs. Iran: ceasefire claims, risks, and trust issues29:00 – Strait of Hormuz shut down? What it really means for oil32:00 – Tesla vs. Waymo: Is there even a self-driving war?34:00 – AI bubble brewing? Unicorns, smoke, and future corpses36:30 – Google's Waymo problem and Apple's smart retreat38:00 – Crypto chaos: pump, dump, and ETF-driven dreams39:00 – Redfin report: record housing supply and demand gap41:00 – 75% of buyers sitting on the sidelines42:00 – DeSantis wants to kill property taxes in Florida42:45 – Bull or BS: Lightning Round (Rate Cuts, Bitcoin, CRE, and more)What You'll Learn:Why the Fed is hesitating despite sub-3% CPI numbersWhat Powell's inflation forecast actually signalsHow retail traders have shifted the market dynamic post-COVIDThe real risk (and opportunity) behind the Iran ceasefireWhy Breedwell is quietly loading up on U.S. equitiesThe ugly truth behind AI unicorn valuations and investor FOMOHow Tesla is crushing Waymo in the autonomous vehicle raceWhy the housing market is stuck in a standoff and what could spark a breakoutNotable Quotes:“It's easy to be successful in investing—people just make it hard.” – Mr. Breedwell “Retail investors aren't chickens anymore. They're not waiting to be slaughtered—they're squeezing the market.” – Mr. Breedwell “These are the windows where generational wealth gets made.” – Matty A “Waymo is five times the cost for a worse product. Tesla already won.” – Mr. BreedwellCalls-to-Action:Want a free portfolio x-ray? Text XRAY to 844.447.1555Want the best alternative investment deals? Text DEALS to 844.447.1555Follow Matty A for daily market insights: @officialmattyaFinal Thoughts:The market may be uncertain, but the opportunity is massive. If you're sitting on the sidelines waiting for the perfect signal, you're already late. Now's the time to get informed, stay sharp, and take action like the pros do.If you got value from today's show, leave us a review, subscribe, and share it with a friend who's trying to make smarter money moves.Episode Sponsored By:Discover Financial Millionaire Mindcast Shop: Buy the Rich Life Planner and Get the Wealth-Building Bundle for FREE! Visit: https://shop.millionairemindcast.com/CRE MASTERMIND: Visit myfirst50k.com and submit your application to join!FREE CRE Crash Course: Text “FREE” to 844-447-1555
The Strait of Hormuz remains one of the most important energy corridors in the world. It is the only sea route from the Persian Gulf to the open ocean, it serves as the primary maritime route for oil exports from the Gulf. Any disruption to traffic through the strait would have implications for oil markets and regional stability.While some Gulf states have developed pipelines to bypass the strait, the volume of oil transported by sea is far greater, and for many countries, including key Gulf exporters, the waterway is essential to maintaining trade. China is the largest buyer of oil that travels through the strait, making it particularly exposed to any disruption.Iran itself relies on the Strait of Hormuz to sell its oil and any blockage of the route would likely damage Iran's own economy and could strain relationships with regional neighbours.Despite past threats to close the Strait of Hormuz, the waterway has remained open, including during the tanker wars of the 1980s, but any disruption could have a big impact on global oil supplies.Picture Credit: Morteza Nikoubazl/NurPhoto via Getty ImagesContributors: Camille Lons, Deputy Head of the Paris office of the Council on Foreign relations Elisabeth Braw, Senior fellow with the Atlantic Council's Transatlantic Security Initiative in the Scowcroft Center for Strategy and SecurityJacob P. Larsen, BIMCO's Chief Safety & Security OfficerPetter Haugen, Partner, Equity Research Shipping, ABG Sundal Collier, Nordic Investment BankPresenter Charmaine Cozier Producer Louise Clarke Researcher Maeve Schaffer Editor Tara McDermott Technical Producer: Gareth Jones Production Coordinator - Tammy Snow
On this week's show Patrick Gray and Adam Boileau discuss the week's cybersecurity news: We roll our eyes over the “16 billion credentials” leak hitting mainstream news Some interesting cyber angles emerge from the conflict in Iran Opensource maintainer of libxml2 is fed up with this hacker crap Shockingly, there are yet more ways to trick people into pasting commands into Windows Veeam “patches” its backup software RCE like it's 2002 … by breaking the public PoC This week's episode is sponsored by Internet-wide honeypot reconnaissance platform, Greynoise. Founder Andrew Morris joins to talk about their journey spotting Chinese ORB-builders hacking thousands of ASUS routers, and why they're destined for the woodchipper. This episode is also available on Youtube. Show notes No, the 16 billion credentials leak is not a new data breach Canadian telecom hacked by suspected China state group - Ars Technica Telecom giant Viasat breached by China's Salt Typhoon hackers WarTranslated on X: "Iran's jamming GPS in the Strait of Hormuz, messing with ~970 ships, per Windward. UKMTO confirms the interference. Faulty AIS coordinates are screwing up navigation in the Persian Gulf. The IRGC threatens to shut the strait down in hours. https://t.co/kdMJvshOGC" / X Dmitri Alperovitch on X: "Chairman of the Joint Chiefs Gen. Dan Caine says @US_CYBERCOM supported this strike mission" / X Top Pentagon spy pick rejected by White House - POLITICO DHS warns of heightened cyber threat as US enters Iran conflict | Cybersecurity Dive Exclusive: Early US intel assessment suggests strikes on Iran did not destroy nuclear sites, sources say U.S. braces for Iran's response after overnight strikes on nuclear sites Assessing the Damage to Iran's Nuclear Program Iran Hacks Tirana Municipality in Retaliation Over MEK - Tirana Times Iran's government says it shut down internet to protect against cyberattacks | TechCrunch Aflac discloses cyber intrusion linked to wider crime spree targeting insurance industry | Cybersecurity Dive Tonga Ministry of Health hit with cyberattack affecting website, IT systems | The Record from Recorded Future News Alleged Ryuk ransomware gang member arrested in Ukraine and extradited to US | The Record from Recorded Future News Russia releases REvil members after convictions for payment card fraud | The Record from Recorded Future News OneLogin, Many Issues: How I Pivoted from a Trial Tenant to Compromising Customer Signing Keys - SpecterOps Triaging security issues reported by third parties (#913) · Issue · GNOME/libxml2 README: Set expectations straight (35d04a08) · Commits · GNOME / libxml2 · GitLab What's in an ASP? Creative Phishing Attack on Prominent Academics and Critics of Russia | Google Cloud Blog FileFix - A ClickFix Alternative | mr.d0x Address bar shows hp.com. Browser displays scammers' malicious text anyway. - Ars Technica Researchers urge vigilance as Veeam releases patch to address critical flaw | Cybersecurity Dive ASUSpicious Flaw - Millions of Users' Information Exposed Since 2022 | MrBruh's Epic Blog Perth dad who created ‘evil twin' Wi-Fi did so to access pictures of women GreyNoise Discovers Stealthy Backdoor Campaign Affecting Thousands of ASUS Routers
Send us a textThe global economic landscape is shifting rapidly as three major developments converge to challenge businesses and investors. First, escalating tensions between the US and Iran have brought us to the brink of a potential closure of the Strait of Hormuz, sending oil markets into volatility with Brent crude touching $97 per barrel—up from $84 just two weeks ago. White House projections suggest prices could exceed $120 per barrel if a full closure materializes, triggering inflation spikes and supply chain disruptions across industries.Meanwhile, consumer sentiment has taken an unexpected downturn, with the US Consumer Confidence Index falling to 93.0% in June from 98.4% in May, well below economists' projections. The data reveals troubling signs: fewer Americans believe jobs are plentiful, income expectations are declining, and the six-month business outlook has turned negative for the first time this year. This isn't merely an academic indicator—it signals potential changes in consumer spending patterns that could affect sales cycles, margins, and investment returns in the coming quarters.The third major shift transforming business comes from technology, as artificial intelligence revolutionizes hiring practices at scale. Major companies like Amazon, Unilever, and Delta are now using machine learning to automate substantial portions of their recruitment processes, with algorithms filtering out 70% of applicants before human review. For business leaders, this presents both efficiency opportunities and ethical challenges; for job seekers, it fundamentally changes the application game. Whether you're building a company, managing investments, or navigating career transitions, staying ahead of these converging trends requires strategic adaptation rather than reactive responses. Follow me on Instagram @TheEliteStrategist for more real-time insights and visit WealthyAFmedia to access our free tools that can help you position yourself advantageously in this changing landscape.Support the showIntroducing the 60-Day Deal Finder!Visit: www.wealthyaf.mediaUse the Coupon Code: WEALTHYAF for 20% off!
Main Event: Former President Donald Trump announces a "complete and total ceasefire" between Israel and Iran after a 12-day war. The ceasefire is structured in phases: Iran begins first, followed by Israel, with a full cessation of hostilities within 24 hours. Key Developments: The conflict escalated after Israel struck Iranian nuclear sites, prompting a symbolic Iranian missile retaliation targeting a U.S. base in Qatar. Iran's response was calibrated and pre-warned, aiming to avoid full-scale war while maintaining domestic and international posture. Ben emphasizes that Iran's actions were measured, avoiding escalation like closing the Strait of Hormuz. Trump’s Framing: Trump refers to the conflict as the "Twelve Day War", drawing a parallel to the Six-Day War of 1967. He positions the ceasefire as a historic diplomatic victory, crediting his leadership and foreign policy strategy. Media Criticism: The episode is highly critical of mainstream media, especially CNN, accusing them of bias against Trump and hoping for his failure. It highlights a moment where CNN is caught off guard by Iran’s agreement to the ceasefire, allegedly undermining their narrative. Please Hit Subscribe to this podcast Right Now. Also Please Subscribe to the Ben Ferguson Show Podcast and Verdict with Ted Cruz Wherever You get You're Podcasts. Thanks for Listening #seanhannity #hannity #marklevin #levin #charliekirk #megynkelly #tucker #tuckercarlson #glennbeck #benshapiro #shapiro #trump #sexton #bucksexton#rushlimbaugh #limbaugh #whitehouse #senate #congress #thehouse #democrats#republicans #conservative #senator #congressman #congressmen #congresswoman #capitol #president #vicepresident #POTUS #presidentoftheunitedstatesofamerica#SCOTUS #Supremecourt #DonaldTrump #PresidentDonaldTrump #DT #TedCruz #Benferguson #Verdict #maga #presidenttrump #47 #the47morningupdate #donaldtrump #trump #news #trumpnews #Benferguson #breaking #breakingnews #morningupdateYouTube: https://www.youtube.com/@VerdictwithTedCruzSee omnystudio.com/listener for privacy information.
The most important economic part of the War in Iran? The Strait of Hormuz… It controls 20% of earth's oil exports.The 2 biggest self-driving car headlines of the decade… Tesla's robotaxi launch in Austin & Waymo's coming to NYC.The Dallas Cowboys Cheerleaders just got a 400% pay raise thanks to 1 word… Leverage.Plus, the untold origin story of… Dr Pepper.$KDP $TSLA $SPYWant more business storytelling from us? Check out the latest episode of our new weekly deepdive show: The untold origin story of… “Dr Pepper
The world has held a close eye on the Strait of Hormuz lately with Israeli and U.S. strikes on Iran. Nearly a quarter of the world's seaborne oil passes through the narrow waterway, and many are worried Iran could shut the strait down. Today on the show, we explore what it would mean for Iran to close off the strait, and what insurance could tell us about tensions in the Middle East.Related episodes:Oil prices and the Israel-Hamas war (Apple / Spotify)How the 'shadow fleet' helps Russia skirt sanctions (Apple / Spotify)For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy
The Rich Zeoli Show- Hour 1: 3:05pm- On Saturday night, seven U.S. B-2 bombers dropped a total of fourteen 30,000-pound bunker-buster bombs on Iranian nuclear sites in Fordo, Natanz, and Isfahan. In a press conference following the strategic strike, President Donald Trump called the mission a “spectacular military success.” 3:10pm- On Monday, Iran responded to U.S. strikes on key nuclear development facilities by launching missiles at an American base in Qatar—the largest American military installation in the Middle East. The Defense Department has said the air defense systems intercepted the missiles and there were no U.S. casualties. 3:20pm- During a press conference Sunday night, Joint Chiefs of Staff Chair Dan Caine revealed that Iranian air defense never spotted the American B-2 bombers over Iranian airspace and, consequently, never fired a single shot during Saturday night's strategic bombing. 3:30pm- Deputy Head of Russian President Vladimir Putin's Security Council Dmitry Medvedev called America's strike on Iranian nuclear facilities a “dangerous escalation” and suggested other countries may supply Iran with a nuclear weapon—though, he did not say which nations. 3:40pm- Secretary of State Marco Rubio has warned Iran not to shut down the Strait of Hormuz with mines. China, an ally of Iran, has echoed a similar sentiment. According to estimates 84% of the crude oil that moves through the Strait goes to Asian markets.
The Rich Zeoli Show- Hour 3: 5:00pm- Dr. EJ Antoni—Chief Economist at the Heritage Foundation—joins The Rich Zeoli Show to breakdown potential financial repercussions related to the strike on Iranian nuclear facilities. Could Iran respond by shutting down the Strait of Hormuz, and what would that mean for oil prices globally? 5:20pm- While appearing on Fox News, Trump Administration Border Czar Tom Homan discussed potential Iranian sleeper cells in the United States—explaining that the Biden Administration's relaxed border security policies resulted in “1,272 nationals of Iran released” into the U.S. 5:40pm- Breaking News: The Supreme Court has stayed a lower court order and will allow the Trump Administration to deport illegal migrants swiftly to countries where they don't have citizenship. 5:50pm- Did Mel Gibson and Pierce Brosnan turn down the role of Batman?
The Rich Zeoli Show- Full Episode (06/23/2025): 3:05pm- On Saturday night, seven U.S. B-2 bombers dropped a total of fourteen 30,000-pound bunker-buster bombs on Iranian nuclear sites in Fordo, Natanz, and Isfahan. In a press conference following the strategic strike, President Donald Trump called the mission a “spectacular military success.” 3:10pm- On Monday, Iran responded to U.S. strikes on key nuclear development facilities by launching missiles at an American base in Qatar—the largest American military installation in the Middle East. The Defense Department has said the air defense systems intercepted the missiles and there were no U.S. casualties. 3:20pm- During a press conference Sunday night, Joint Chiefs of Staff Chair Dan Caine revealed that Iranian air defense never spotted the American B-2 bombers over Iranian airspace and, consequently, never fired a single shot during Saturday night's strategic bombing. 3:30pm- Deputy Head of Russian President Vladimir Putin's Security Council Dmitry Medvedev called America's strike on Iranian nuclear facilities a “dangerous escalation” and suggested other countries may supply Iran with a nuclear weapon—though, he did not say which nations. 3:40pm- Secretary of State Marco Rubio has warned Iran not to shut down the Strait of Hormuz with mines. China, an ally of Iran, has echoed a similar sentiment. According to estimates 84% of the crude oil that moves through the Strait goes to Asian markets. 4:05pm- Listeners react to the Trump Administration's decision to strike Iranian nuclear facilities. Is there concern that Iran and its allies—China, Russia, and terror organizations like Hezbollah, Hamas, and the Houthis—could retaliate? 4:30pm- John Yoo—The Emanuel Heller Professor of Law at the University of California at Berkeley—joins The Rich Zeoli Show and dismisses Congresswoman Alexandria Ocasio Cortez's (D-NY) suggestion that President Donald Trump violated Article II of the Constitution and should be impeached for authorizing strikes on Iranian nuclear facilities. 4:50pm- While appearing on Fox News, Senator John Fetterman (D-PA) praised the U.S. military's strikes on Iran and President Trump's decision—explaining “it was a very limited military exercise” and did not amount to a declaration of war. 5:00pm- Dr. EJ Antoni—Chief Economist at the Heritage Foundation—joins The Rich Zeoli Show to breakdown potential financial repercussions related to the strike on Iranian nuclear facilities. Could Iran respond by shutting down the Strait of Hormuz, and what would that mean for oil prices globally? 5:20pm- While appearing on Fox News, Trump Administration Border Czar Tom Homan discussed potential Iranian sleeper cells in the United States—explaining that the Biden Administration's relaxed border security policies resulted in “1,272 nationals of Iran released” into the U.S. 5:40pm- Breaking News: The Supreme Court has stayed a lower court order and will allow the Trump Administration to deport illegal migrants swiftly to countries where they don't have citizenship. 5:50pm- Did Mel Gibson and Pierce Brosnan turn down the role of Batman? 6:05pm- Dr. Victoria Coates—Former Deputy National Security Advisor & the Vice President of the Davis Institute for National Security and Foreign Policy at The Heritage Foundation—joins The Rich Zeoli Show and reacts to the United States's strategic strikes on Iranian nuclear facilities. Plus, BREAKING NEWS: Israel and Iran have agreed to a ceasefire. Dr. Coates is the author of the book: “The Battle for the Jewish State: How Israel—and America—Can Win.” 6:30pm- In a post to Truth Social, Preside Donald Trump wrote: “CONGRATULATIONS TO EVERYONE! It has been fully agreed by and between Israel and Iran that there will be a Complete and Total CEASEFIRE (in approximately 6 hours from now, when Israel and Iran have wound down and completed their in progress, final missions!), for 12 hours, at which point the War will be considered, E ...
Currently, if you or your kids get into college and don't have the money to pay for it, you can borrow however much you need from the federal government to cover tuition and living expenses. If the tax cuts and budget bill working its way through Congress passes, that won't be the case anymore. Plus, some oil experts aren't worried about the Strait of Hormuz and Fed Chair Jerome Powell heads to Capitol Hill.
This week we talk about OPEC, the Seven Sisters, and the price of oil.We also discuss fracking, Israel and Iran's ongoing conflict, and energy exports.Recommended Book: Thirteen Ways to Kill Lulabelle Rock by Maud WoolfTranscriptThe global oil market changed substantially in the early 2000s as a pair of innovations—horizontal drilling and hydraulic fracturing—helped the plateauing US oil and gas market boom, unlocking a bunch of shale oil and gas deposits that were previously either entirely un-utilizable, or too expensive to exploit.This same revolution changed markets elsewhere, too, including places like Western Canada, which also has large shale oil and gas deposits, but the US, and especially the southern US, and even more especially the Permian Basin in Texas, has seen simply staggering boosts to output since those twin-innovations were initially deployed on scale.This has changed all sorts of dynamics, both locally, where these technologies and approaches have been used to tap ever-more fossil fuel sources, and globally, as previous power dynamics related to such resources have been rewired.Case in point, in the second half of the 20th century, OPEC, the Organization of the Petroleum Exporting Countries, which is a predominantly Middle Eastern oil cartel that was founded by Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela in 1960, was a dominant force in geopolitics, as they collaboratively set global oil prices, and thus, were able to pull the strings connected to elections, war, and economic outcomes in nations around the world.If oil prices suddenly spiked, that could cause an incumbent leader in a country a hemisphere away to lose their next election, and if anyone threatened one of their number, they could conceivably hold back resources from that country until they cooled down.Before OPEC formed and established their position of primacy in global energy exports, the so-called Seven Sisters corporations, which consisted of a bunch of US and European companies that had basically stepped in and took control of global oil rights in the early 20th century, including oil rights across the Middle East, were the loci of power in this space, controlling about 85% of the world's petroleum reserves as of the early 1970s.That same decade, though, a slew of governments that hosted Seven Sisters facilities and reserves nationalized these assets, which in practice made all these reserves and the means of exploiting them the government's property, and in most cases they were then reestablished under new, government-controlled companies, like Saudi Aramco in Saudi Arabia and the National Iranian Oil Company in Iran.In 1973 and 1979, two events in the Middle East—the Yom Kippur War, during which pretty much all of Israel's neighbors launched a surprise attack against Israel, and the Iranian Revolution, when the then-leader of Iran, the Shah, who was liberalizing the country while also being incredibly corrupt, was overthrown by the current government, the militantly Islamist Islamic Republic of Iran—those two events led to significant oil export interruptions that triggered oil shortages globally, because of how dominant this cartel had become.This shortage triggered untold havoc in many nations, especially those that were growing rapidly in the post-WWII, mid-Cold War world, because growth typically requires a whole lot of energy for all the manufacturing, building, traveling around, and for basic, business and individual consumption: keeping the lights on, cooking, and so on.This led to a period of stagflation, and in fact the coining of the term, stagflation, but it also led to a period of heightened efficiency, because nations had to learn how to achieve growth and stability without using so much energy, and it led to a period of all these coming-out-of-stagflation and economic depression nations trying to figure out how to avoid having this happen again.So while OPEC and other oil-rich nations were enjoying a period of relative prosperity, due in part to those elevated energy prices—after the initial downsides of those conflicts and revolutions had calmed, anyway—other parts of the world were making new and more diversified deals, and were looking in their own backyards to try to find more reliable suppliers of energy products.Parts of the US were already major oil producers, if not at the same scale as these Middle Eastern giants in the latter portion of the 20th century, and many non-OPEC producers in the US, alongside those in Norway and Mexico, enjoyed a brief influx of revenue because of those higher oil prices, but they, like those OPEC nations, suffered a downswing when prices stabilized; and during that price collapse, OPEC's influence waned.So in the 1980s, onward, the previous paradigm of higher oil prices led to a surge in production globally, everyone trying to take advantage of those high prices to invest in more development and production assets, and that led to a glut of supply that lowered prices, causing a lot of these newly tapped wells to go under, a lot of cheating by OPEC members, and all of the more established players to make far less per barrel of oil than was previously possible.By 1986, oil prices had dropped by nearly half from their 1970s peak, and though prices spiked again in 1990 in response to Iraq's invasion of fellow OPEC-member Kuwait, that spike only last about nine months, and it was a lot less dramatic than those earlier, 70s-era spikes; though it was still enough to trigger a recession in the US and several other countries, and helped pave the way for investment in those technologies and infrastructure that would eventually lead to the US's shale-oil and gas revolution.What I'd like to talk about today is the precariousness of the global oil and gas market right now, at a moment of significantly heightened tensions, and a renewed shooting conflict, in the Middle East.—As of the day I'm recording this, the Islamic Republic of Iran is still governing Iran, and that's an important point to make as while Israel's official justification for launching a recent series of attacks against Iran's military and nuclear production infrastructure is that they don't want Iran to make a nuclear weapon, it also seems a whole lot like they might be aiming to instigate regime change, as well.Israel and Iran's conflict with each other is long-simmering, and this is arguably just the most recent and extreme salvo in a conflict dating back to at least 2024, but maybe earlier than that, too, all the way back to the late-70s or early 80s, if you string all the previous conflicts together into one deconstructed mega-conflict. If you want to know more about that, listen to last week's episode, where I got deeper into the specifics of their mutual dislike.Today, though, I'd like to focus on an issue that is foundational to pretty much every other geopolitical and economic happening, pretty much always, and that's energy. And more specifically, the availability, accessibility, and price of energy resources like oil and gas.We've reached a point, globally, where about 40% of all electricity is generated by renewables, like solar panels, wind turbines, and hydropower-generating dams.That's a big deal, and while the majority of that supply is coming from China, and while it falls short of where we need to be to avoid the worst-case consequences of human-amplified climate change, that growth is really incredible, and it's beginning to change the nature of some of our conflicts and concerns; many of the current economic issues between the US and China, these days are focused on rare earths, for instance, which are required for things like batteries and other renewables infrastructure.That said, oil and gas still enable the modern economy, and that's true almost everywhere, even today. And while the US changed the nature of the global oil and gas industries by heavily investing in both, and then rewired the global energy market by convincing many of its allies to switch to US-generated oil and gas, rather than relying on supplies from Russia, in the wake of Russia's invasion of Ukraine a few years ago, a whole lot of these resources still come from at-times quite belligerent regimes, and many of these regimes are located in the Middle East, and belong to OPEC.Iran is one such belligerent regime.As of 2025, Iran is the 9th largest producer of oil in the world, and it holds 24% of the Middle East's and about 12% of the world's proven oil reserves—that's the total volume of oil underground that could be pumped at some point. It's got the world's 3rd largest proven crude oil reserves and it exports about 2 million barrels of crude and refined oil every day. It also has the world's second-largest proven natural gas reserves.Iran isn't as reliant on oil and gas exports as some of its neighbors, but it still pulled in about $53 billion in net oil exports each year as of 2023; which is a lot less than what it could be making, as international sanctions have made it difficult for Iran to fully exploit its reserves. But that's still a huge chunk of its total income.This is important to note because Israel's recent series of attacks on Iran, in addition to taking out a lot of their military leaders, weapons manufacturing facilities, and nuclear research facilities, have also targeted Iran's oil and gas production and export capacity, including large gas plants, fuel depots, and oil refineries, some located close to Tehran in the northern part of the country, and some down on its southwestern coast, where a huge portion of Iran's gas is processed.In light of these attacks, Iran's leaders have said they may close the Strait of Hormuz, though which most of their exports pass—and the Strait of Hormuz is the only marine entryway into the Persian Gulf; nearly 20% of all globally consumed oil passes through this 90-mile-wide stretch of water before reaching international markets; it's a pretty vital waterway that Iran partially controls because its passes by its southern coast.Fuel prices already ticked up by about 9% following Israel's initial strikes into Iran this past week, and there's speculation that prices could surge still-higher, especially following US President Trump's decision to strike several Iran nuclear facilities, coming to Israel's aide, as Israel doesn't possess the ‘bunker-buster' bombs necessary to penetrate deep enough into the earth to damage or destroy many of these facilities.As of Monday this week, oil markets are relatively undisrupted, and if any export flows were to be upset, it would probably just be Iran's, and that would mostly hurt China, which is Iran's prime oil customer, as most of the rest of the world won't deal with them due to export sanctions.That said, there's a possibility that Iran will decide to respond to the US coming to Israel's aid not by striking US assets directly, which could pull the US deeper into the conflict, but instead by disrupting global oil and gas prices, which could lead to knock-on effects that would be bad for the US economy, and the US's relationships with other nations.The straightest path to doing this would be to block the Strait of Hormuz, and they could do this by positioning ships and rocket launchers to strike anything passing through it, while also heavily mining the passage itself, and they've apparently got plenty of mines ready to do just that, should they choose that path.This approach has been described by analysts as the strategic equivalent of a suicide bombing, as blocking the Strait would disrupt global oil and gas markets, hurting mostly Asia, as China, India, South Korea, Japan, and other Asian destinations consume something like 80% of the oil that passes through it, but that would still likely raise energy prices globally, which can have a lot of knock-on effects, as we saw during those energy crises I mentioned in the intro.It would hurt Iran itself more than anyone, though, as almost all of their energy products pass through this passage before hitting global markets, and such a move could help outside entities, including the US, justify further involvement in the conflict, where they otherwise might choose to sit it out and let Israel settle its own scores.Such energy market disruption could potentially benefit Russia, which has an energy resource-reliant economy that suffers when oil and gas prices are low, but flourishes when they're high. The Russian government probably isn't thrilled with Israel's renewed attacks on one of its allies, but based on its lack of response to Syria's collapse—the former Syrian government also being an ally of Russia—it's possible they can't or won't do much to directly help Iran right now, but they probably wouldn't complain if they were suddenly able to charge a lot more per barrel of oil, and if customers like China and India were suddenly a lot more reliant on the resources they're producing.Of course, such a move could also enrich US energy companies, though potentially at the expense of the American citizen, and thus at the expense of the Trump administration. Higher fuel prices tend to lead to heightened inflation, and more inflation tends to keep interest rates high, which in turn slows the economy. A lot of numbers could go in the opposite direction from what the Trump administration would like to see, in other words, and that could result in a truly bad outcome for Republicans in 2026, during congressional elections that are already expected to be difficult for the incumbent party.Even beyond the likely staggering human costs of this renewed conflict in the Middle East, then, there are quite a few world-scale concerns at play here, many of which at least touch on, and some of which are nearly completely reliant on, what happens to Iran's oil and gas production assets, and to what degree they decide to use these assets, and the channels through which they pass, in a theoretical asymmetric counterstrike against those who are menacing them.Show Noteshttps://archive.is/20250616111212/https://www.reuters.com/world/middle-east/an-overview-irans-energy-industry-infrastructure-2025-02-04/https://www.aljazeera.com/news/2025/6/15/which-iranian-oil-and-gas-fields-has-israel-hit-and-why-do-they-matterhttps://www.aljazeera.com/news/2025/6/17/mapping-irans-oil-and-gas-sites-and-those-attacked-by-israelhttps://www.aljazeera.com/economy/2025/6/13/oil-markets-are-spooked-as-iran-israel-tensions-escalatehttps://archive.is/20250620143813/https://www.bloomberg.com/news/articles/2025-06-20/eu-abandons-proposal-to-lower-price-cap-on-russian-oil-to-45https://apnews.com/article/russia-economy-recession-ukraine-conflict-9d105fd1ac8c28908839b01f7d300ebdhttps://www.nytimes.com/2025/06/22/business/us-iran-oil.htmlhttps://www.bbc.com/news/articles/cvg9r4q99g4ohttps://www.weforum.org/stories/2025/04/clean-energy-electricity-nature-and-climate-stories-this-week/https://archive.is/20250622121310/https://www.ft.com/content/67430fac-2d47-4b3b-9928-920ec640638ahttps://oilprice.com/Energy/Crude-Oil/Oil-Markets-Brace-for-Impact-After-US-Attacks-Iran-Facilities.htmlhttps://www.nytimes.com/2025/06/22/business/energy-environment/iran-oil-gas-markets.htmlhttps://www.eia.gov/todayinenergy/detail.php?id=65504&utm_medium=PressOpshttps://www.nytimes.com/2025/06/22/business/stocks-us-iran-bombing.htmlhttps://en.wikipedia.org/wiki/Big_Oilhttps://en.wikipedia.org/wiki/Fracking_in_Canadahttps://en.wikipedia.org/wiki/Fracking_in_the_United_Stateshttps://en.wikipedia.org/wiki/Petroleum_in_the_United_Stateshttps://en.wikipedia.org/wiki/Shale_gas_in_the_United_Stateshttps://en.wikipedia.org/wiki/Yom_Kippur_Warhttps://en.wikipedia.org/wiki/Iranian_Revolutionhttps://en.wikipedia.org/wiki/1970s_energy_crisishttps://en.wikipedia.org/wiki/1990_oil_price_shockhttps://www.strausscenter.org/energy-and-security-project/the-u-s-shale-revolution/https://archive.is/20250416153337/https://www.reuters.com/business/energy/us-crude-oil-output-peak-by-2027-eia-projects-2025-04-15/https://www.investopedia.com/ask/answers/030415/how-does-price-oil-affect-stock-market.asp This is a public episode. 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Currently, if you or your kids get into college and don't have the money to pay for it, you can borrow however much you need from the federal government to cover tuition and living expenses. If the tax cuts and budget bill working its way through Congress passes, that won't be the case anymore. Plus, some oil experts aren't worried about the Strait of Hormuz and Fed Chair Jerome Powell heads to Capitol Hill.
Oil markets went into a state of panic after the United States launched strikes on Iranian nuclear facilities over the weekend, stoking fears that Iran could retaliate by closing the Strait of Hormuz. But Iran's control over the key oil trade route may not be the economic weapon many think it is. We'll explain. And, several provisions in the Republicans' reconciliation bill haven't made it through the so-called “Byrd Bath” and risk being axed from the legislation. Plus, did you know killer whales aren't really whales?Here's everything we talked about today:"Capitol agenda: How Johnson may block an Iran rebuke" from Politico "11 days until July 4: Byrd Bath and policy fights on deck" from Punchbowl News"Senate parliamentarian rejects GOP attempt to authorize states to conduct immigration enforcement" from The Hill"G.O.P. Can't Include Limits on Trump Lawsuits in Megabill, Senate Parliamentarian Rules" from The New York Times "Iran Has an Oil Card to Play. So Does the U.S." from The Wall Street Journal "The largest digital camera ever built has released its first shots of the universe" from AP News "Vera C Rubin Observatory first images" from BBC Sky at Night Magazine "Killer whales seen grooming each other with kelp in first for marine tool use" from The Guardian Got a question for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
P.M. Edition for June 23. President Trump said the U.S. received advance notice of Iran's attack and thatno Americans were harmed and little damage was sustained. Trump indicated that he believed the attack wouldn't escalate the crisis in the region. WSJ national security reporter Lara Seligman joins to discuss how the U.S. might respond. Plus, investors prepare for the possibility that Iran could close the Strait of Hormuz, the world's main energy shipping artery. We hear from WSJ investing columnist Spencer Jakab what impact this would have on oil prices and inflation. And fewer Chinese companies are listing on U.S. stock exchanges. James Areddy covers Chin a for the Journal and explains how the U.S.-China relationship fits into it. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Sign up for the Markets A.M. Newsletter by Spencer Jakab Learn more about your ad choices. Visit megaphone.fm/adchoices
Donate (no account necessary) | Subscribe (account required) Click here and select today's episode from the list to share with friends and post on social media: www.podfollow.com/the-wright-report Join Bryan Dean Wright, former CIA Operations Officer, for a Special Report on Operation Midnight Hammer — President Trump's bold decision to bomb Iran's nuclear program. Trump Launches Massive Airstrike on Iran's Nuclear Facilities On Saturday night, U.S. forces struck Iran's nuclear sites at Isfahan, Natanz, and Fordow using Tomahawk missiles and B-2 bombers with bunker-busting MOPs. The operation aimed to halt Iran's growing nuclear threat without seeking regime change. The Lead-Up: Peace Talks Failed, Iran Accelerated Toward the Bomb Despite last-minute efforts, peace negotiations collapsed when Iran's Supreme Leader couldn't be reached. U.S. and Israeli intelligence confirmed Iran was accelerating weapons development, missile programs, and plans for a potential strike on Israel. The Strike Plan: 125 Aircraft and Precision Targeting The operation involved over 125 U.S. aircraft and coordination with Israeli and Arab allies. All aircraft returned safely. Early satellite imagery confirms severe damage to nuclear facilities, though some equipment may have been smuggled out to China before the attack. Iran's Response: Missile Strikes, Terror Threats, and Strait of Hormuz Threat Iran fired missiles into Israeli cities, injuring civilians, and warned of sleeper cell attacks in the West. Its parliament is considering closing the Strait of Hormuz, a vital global oil passage, which could trigger wider war. Russia, China, and Europe React Russia threatens to provide Iran with nuclear warheads. France warns of Iranian terror cells in Europe. The U.S. and Arab allies brace for retaliation while some quietly support Israel's actions. U.S. Homeland at Risk from Sleeper Cells FBI Director Kash Patel ramps up counterterror operations, especially with concerns about Iranian saboteurs among the millions of unvetted illegal immigrants. Border Czar Tom Homan blames Biden-era immigration for the heightened risk. What Comes Next: Regime Change, Retaliation, or Peace? President Trump insists regime change is not the goal, though he hints at it. Arab leaders back Israel privately. Europe fears a terror wave. America must now prepare for blowback, both at home and abroad. "And you shall know the truth, and the truth shall make you free." – John 8:32 Take your personal data back with Incogni! Use code TWR using the link or at check-out and get 60% off an annual plan: Incogni.com/TWR
Send us a textStrap in, because this Daily Drop drops bombs—literally. Jared's back from the San Diego Operator Training Summit and immediately diving into the nuclear circus known as Operation Midnight Hammer—the largest B-2 strike in U.S. history. We're talking 125+ aircraft, deception ops worthy of Hollywood, and a casual flex on Iran's nuclear ambitions. But don't worry, the Pentagon swears it's not “regime change.”Also in this episode:CENTCOM's tanker games, shady KC-135 logistics, and a DoD recruiting task force that somehow thinks legal and public affairs are your new talent magnets (spoiler: they're not).A Marine takes over the F-35 program, we slap “F-47” on our next-gen fighter because Trump said so, and someone in Oregon thinks they can tell the federal government what to do with the National Guard.Oh—and China's getting military secrets from broke Army NCOs. Cool. Cool cool cool.This one's loaded with hot takes, hard truths, and the usual blend of sarcasm and side-eye from the Ones Ready crew. Buckle up, buttercup.
From the BBC World Service: We're tracking volatility in global oil prices following U.S. attacks on Iran over the weekend. There's a renewed focus on a key oil transport waterway, the Strait of Hormuz, which Iran's parliament voted to shut down. U.S. Secretary of State Marco Rubio has also called on China to influence the situation there. Plus, the Spanish city of Seville carried out a pilot project naming heat waves to raise public awareness and better prepare local economies.
Oil markets went into a state of panic after the United States launched strikes on Iranian nuclear facilities over the weekend, stoking fears that Iran could retaliate by closing the Strait of Hormuz. But Iran's control over the key oil trade route may not be the economic weapon many think it is. We'll explain. And, several provisions in the Republicans' reconciliation bill haven't made it through the so-called “Byrd Bath” and risk being axed from the legislation. Plus, did you know killer whales aren't really whales?Here's everything we talked about today:"Capitol agenda: How Johnson may block an Iran rebuke" from Politico "11 days until July 4: Byrd Bath and policy fights on deck" from Punchbowl News"Senate parliamentarian rejects GOP attempt to authorize states to conduct immigration enforcement" from The Hill"G.O.P. Can't Include Limits on Trump Lawsuits in Megabill, Senate Parliamentarian Rules" from The New York Times "Iran Has an Oil Card to Play. So Does the U.S." from The Wall Street Journal "The largest digital camera ever built has released its first shots of the universe" from AP News "Vera C Rubin Observatory first images" from BBC Sky at Night Magazine "Killer whales seen grooming each other with kelp in first for marine tool use" from The Guardian Got a question for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
[01:03:01 – 01:04:09] — Outrage Over Unilateral Iran Strikes Hosts express shock and anger at Trump's decision to bomb Iran without congressional approval, predicting escalation and criticizing the move as instigative and unconstitutional.[01:04:11 – 01:08:06] — Strait of Hormuz Closure Threat and Economic Fallout Discussion centers on Iran's threat to close the Strait of Hormuz, highlighting the potential for oil price spikes and global economic disruption due to regional instability.[01:14:53 – 01:18:11] — Critique of Zionism's Influence on U.S. Christians Criticism is leveled at the influence of Zionism within American churches, claiming theological manipulation has led to uncritical support for Israel and military aggression.[01:33:12 – 01:35:06] — China Condemns U.S. Strike and Calls for Restraint China issues an official statement condemning U.S. strikes on Iran, urging all parties to de-escalate and uphold international law and nuclear safeguards.[01:36:42 – 01:39:03] — Russia Compares Iran Strike to Iraq Invasion Lies Russia denounces U.S. attacks as violating international law, likening them to the fabricated justifications for the Iraq War and warning of global nuclear consequences.[01:52:25 – 01:53:20] — Tel Aviv Thanks U.S. for Bombing Iran A clip from Tel Aviv shows public support for U.S. military actions, prompting sharp criticism of American complicity in destruction across the region.[02:02:03 – 02:04:14] — Church Shooting Sparks Push for Armed Congregations Following a church shooting in Michigan, Polk County's sheriff urges all houses of worship to adopt active shooter response plans and bolster security, reigniting debate on arming congregants.[02:05:00 – 02:13:04] — Critique of Chemotherapy and Praise for Alternative Cancer Therapies A personal account of loss is used to critique standard cancer treatments while promoting the Templeton Wellness Foundation and manuka honey as viable natural alternatives.[02:14:01 – 02:15:53] — Fasting, EMFs, and Environmental Cancer Triggers Highlights the role of metabolic health, EMF exposure, and nutrient-depleted food in rising cancer rates, with pets cited as early warning indicators due to increased tumor diagnoses.[02:22:20 – 02:26:20] — Ivermectin and Fenbendazole as Cancer Protocols Cites doctors promoting dewormers like ivermectin and fenbendazole for cancer treatment, warns against low-quality online sources, and suggests a Canadian supplier as more trustworthy.[02:37:01 – 02:41:41] — B-17, Apricot Seeds, and Cancer Suppression Discusses historical suppression of B-17/laetrile as a cancer treatment, citing G. Edward Griffin's advocacy and promoting apricot seeds as daily preventative immune support.[02:41:43 – 02:45:16] — Glyphosate, Chlorine Dioxide, and Toxic Synergy Condemns Monsanto/Bayer for seeking immunity from glyphosate liability and promotes chlorine dioxide as a controversial but potentially effective method for detoxifying glyphosate from the body.[02:58:54 – 03:15:47] — Grace Schara Trial Recap: Alleged Hospital Negligence and End-of-Life Protocols Details the lawsuit involving the death of Grace Schara, a disabled patient allegedly given unauthorized sedatives and a DNR without family consent, raising broader concerns over hospital protocols during COVID.[03:16:01 – 03:21:45] — Suspicious Death of AI Whistleblower Suchir Balaji Examines inconsistencies in the reported suicide of a former OpenAI employee who had exposed copyright violations and criticized leadership, including forensic anomalies and surveillance failures.[03:24:01 – 03:32:13] — Dangers of AI: Surveillance, Tyranny, and Societal Dependence A wide-ranging discussion highlights AI's integration into daily life, citing loss of privacy, data abuse, blackmail potential, and fears of centralized control over human behavior and services.[03:32:15 – 03:37:24] — Creative Destruction: AI's Threat to Art, Work, and Human Connection Critiques the replacement of human-created art and labor with AI-generated outputs, lamenting the erosion of creativity, spiritual meaning, and the intrinsic joy found in skill-building.[03:47:24 – 03:55:28] — Economic Collapse Forecast and Artificial Recovery Illusions Explains how artificial stock market inflation masks broader economic collapse, blaming monetary policy and war for destabilizing the dollar and projecting a future of bartering and hardship. Follow the show on Kick and watch live every weekday 9:00am EST – 12:00pm EST https://kick.com/davidknightshow Money should have intrinsic value AND transactional privacy: Go to https://davidknight.gold/ for great deals on physical gold/silver For 10% off Gerald Celente's prescient Trends Journal, go to https://trendsjournal.com/ and enter the code KNIGHT Find out more about the show and where you can watch it at TheDavidKnightShow.comIf you would like to support the show and our family please consider subscribing monthly here: SubscribeStar https://www.subscribestar.com/the-david-knight-showOr you can send a donation throughMail: David Knight POB 994 Kodak, TN 37764Zelle: @DavidKnightShow@protonmail.comCash App at: $davidknightshowBTC to: bc1qkuec29hkuye4xse9unh7nptvu3y9qmv24vanh7Become a supporter of this podcast: https://www.spreaker.com/podcast/the-david-knight-show--2653468/support.
Iran weighs retaliation for U.S. strikes, US asks China to stop Iran from closing Strait of Hormuz, and man dives into pond to save dog from alligator.
President Trump has called the U.S. strikes on Iran's nuclear sites “a spectacular military success,' while Iran was quick to respond with a barrage of missiles launched at Israel. But what does this mean for Iran's nuclear ambitions, the region's stability and possible further U.S. involvement? WSJ Middle East Bureau Chief Andrew Dowell tells us what we know about the attack, if we might see nuclear negotiations soon and the political debate over the use of force on Capitol Hill. Luke Vargas hosts. Further Reading: U.S. Strikes 'Obliterated' Iran's Nuclear Sites, Trump Says Will Iran Attempt to Block the Strait of Hormuz? Trump Gave Final Go-Ahead for Iran Attack Hours Before Bombs Fell Three Sites Hit by U.S. Represent Core of Iran Nuclear Program Learn more about your ad choices. Visit megaphone.fm/adchoices