There's been a few things that we have been avoiding lately because there's not a whole lot of movement on them.
Obviously, we haven't talked about the Iran conflict much because the attacks are few and far between.
And where we are right now is the United States and certain allies are trying to exact economic warfare on Iran, making them bend, making them bleed too much, too much money, too much oil profits, too much dissent from their people, trying to make them bend and force them back to the table.
They're trying to do this without any substantive assistance from the Chinese, which makes the whole effort moot.
And so here we sit with the Iranians and the Oman, the Omani government to a degree, controlling the Strait of Hormuz.
And it is important to note that the Houthis, they have really stepped up their attacks in the Red Sea.
They are officially activated and in this conflict, and they are attacking ships in the Bab al-Mandeb.
They're giving up their training and expertise for an influx of cash making uncommon allies in the region, all in an attempt to squeeze us and send the global oil market through the roof, which they are succeeding there.
We spent a lot of time talking about how bad the Republicans are going to get pummeled in the midterms.
If this doesn't get worked out, if oil prices don't come down, you can forget all the other issues.
If oil prices and gas prices of the pump do not come down before November and...
God forbid for the Trump administration, they continue to go up, and we start seeing $105 per barrel, $107 per barrel.
There's been a few things that we have been avoiding lately because there's not a whole lot of movement on them.
Obviously, we haven't talked about the Iran conflict much because the attacks are few and far between.
And where we are right now is the United States and certain allies are trying to exact economic warfare on Iran, making them bend, making them bleed too much, too much money, too much oil profits, too much dissent from their people, trying to make them bend and force them back to the table.
They're trying to do this without any substantive assistance from the Chinese, which makes the whole effort moot.
And so here we sit with the Iranians and the Oman, the Omani government to a degree, controlling the Strait of Hormuz.
And it is important to note that the Houthis, they have really stepped up their attacks in the Red Sea.
They are officially activated and in this conflict, and they are attacking ships in the Bab al-Mandeb.
They're giving up their training and expertise for an influx of cash making uncommon allies in the region, all in an attempt to squeeze us and send the global oil market through the roof, which they are succeeding there.
We spent a lot of time talking about how bad the Republicans are going to get pummeled in the midterms.
If this doesn't get worked out, if oil prices don't come down, you can forget all the other issues.
If oil prices and gas prices of the pump do not come down before November and...
God forbid for the Trump administration, they continue to go up, and we start seeing $105 per barrel, $107 per barrel.
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