Oct 7, 2026 · 13 min · 9 segments
October 7, 2026. Israel has spent the day marking three years, with commemorations beginning at 6:29 this morning — the minute it began. The International Chamber of Commerce warns the closure of the…
Walter, that denial first, because it is an extraordinary sentence to have to report.
The White House has denied that the president suggested Iran should, in the phrase attributed to him, take out Los Angeles and San Diego.
The remark is attributed rather than quoted from a transcript, and the administration says it was not made.
I report the denial and the attribution together, and I draw no conclusion from either, because there is nothing yet to draw one from.
A remark of that kind, if it were made, would be about the American cities most exposed to the Pacific and to a Gulf War's reach, and both are in a state the President has quarreled with for a year.
That is the context in which it is being read in California tonight, whatever was or was not said.
American B-1 bombers have been pulled out of the United Kingdom, a movement the Washington Post reports as evidence of how an outgunned Iran is keeping the United States on edge.
Tehran has made use of the threat of unconventional attack, and that threat has been extended as far as the security arrangements around the President's own aircraft.
Now the warning I would ask you to pay most attention to tonight.
The Secretary General of the International Chamber of Commerce says that the disruption of shipping through the Strait of Hormuz, having already produced an energy shock, is now brewing a global food security crisis.
The reason is that the strait does not only carry oil, it carries fertilizer, and it carries the natural gas that fertilizer is made from, and a great many countries import those through it.
A field that is not fertilized this autumn is a harvest that is short next summer, in places with no margin for a short harvest.
Here at home, gasoline stands at $4.37 a gallon against $3.19 a year ago, and distillate stocks are the thinnest for the time of year since 1982.
Walter, that denial first, because it is an extraordinary sentence to have to report.
The White House has denied that the president suggested Iran should, in the phrase attributed to him, take out Los Angeles and San Diego.
The remark is attributed rather than quoted from a transcript, and the administration says it was not made.
I report the denial and the attribution together, and I draw no conclusion from either, because there is nothing yet to draw one from.
A remark of that kind, if it were made, would be about the American cities most exposed to the Pacific and to a Gulf War's reach, and both are in a state the President has quarreled with for a year.
That is the context in which it is being read in California tonight, whatever was or was not said.
American B-1 bombers have been pulled out of the United Kingdom, a movement the Washington Post reports as evidence of how an outgunned Iran is keeping the United States on edge.
Tehran has made use of the threat of unconventional attack, and that threat has been extended as far as the security arrangements around the President's own aircraft.
Now the warning I would ask you to pay most attention to tonight.
The Secretary General of the International Chamber of Commerce says that the disruption of shipping through the Strait of Hormuz, having already produced an energy shock, is now brewing a global food security crisis.
The reason is that the strait does not only carry oil, it carries fertilizer, and it carries the natural gas that fertilizer is made from, and a great many countries import those through it.
A field that is not fertilized this autumn is a harvest that is short next summer, in places with no margin for a short harvest.
Here at home, gasoline stands at $4.37 a gallon against $3.19 a year ago, and distillate stocks are the thinnest for the time of year since 1982.
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