Bannon's War Room - March 16, 2026


Episode 5219: Where Does The Market Say The Economy Is Going With The Iran Conflict


Episode Stats

Length

54 minutes

Words per Minute

164.97298

Word Count

9,064

Sentence Count

424

Misogynist Sentences

2

Hate Speech Sentences

28


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

In the latest episode of the podcast, we talk about the Israeli attack on Iran and its impact on the Middle East, including what it means for the future of the region, and why the attack in Lebanon continues to be a source of controversy.

Transcript

Transcript generated with Whisper (turbo).
Misogyny classifications generated with MilaNLProc/bert-base-uncased-ear-misogyny .
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
00:00:00.000 But first, here's my take.
00:00:02.560 For around 15 years, many American leaders, including all three presidents in that period,
00:00:08.400 have believed that the country was too deeply entangled in trying to reorder the societies of the Middle East.
00:00:15.280 They felt the more pressing challenges were rebuilding America's industrial base at home and confronting the rise of China.
00:00:23.280 Yet, here America is, once again, fighting a war to reorder a society in the greater Middle East,
00:00:30.000 And like Iraq, Afghanistan and Libya, this seems unlikely to turn out quite as its proponents hoped.
00:00:37.380 Lisa, you heard in the earlier segment we're talking about how Israel says we're three weeks in, but we have three weeks to go.
00:00:46.620 What that means is not only will they totally destroy Iran's military capacity and they're destroying the factories where weapons are produced,
00:00:55.220 they're also destroying Hezbollah root and branch.
00:00:58.700 What is the Middle East going to look like?
00:01:02.000 And how are the Arabs going to view Israel, countries like Saudi Arabia, at this moment?
00:01:08.740 Well, look, I think one of the things that the region had been characterized
00:01:12.180 was a sort of balancing between Iran and Israel from the point of view of the Arab countries.
00:01:19.380 In the absence of Iran, Iran decimated in the way the Israelis say that they're going to be able to do,
00:01:26.360 then you have an Israeli hegemony in the region, which isn't, I think, exactly what people
00:01:32.560 calculated. Even the Gulf countries, even the Abraham Accords members didn't particularly see
00:01:40.020 the region as having only one hegemonic power or aspiring hegemonic power. So I think it's going to
00:01:46.840 be very complicated because, you know, when you have Israeli officials saying they're going to
00:01:51.380 do in southern lebanon what they did in gaza when the guns stop if there's that kind of devastation
00:01:57.840 also in lebanon which is in a sense not a combatant um i think there's going to be a very
00:02:03.880 you know a sort of heart-rending conversation within the arab world about where they want to
00:02:10.700 position themselves see what happens
00:02:12.920 For 16 days, we've delivered overwhelming firepower deep into Iran.
00:02:24.240 This past Friday, U.S. forces executed a large-scale precision strike on Karg Island,
00:02:29.580 destroying more than 90 Iranian military targets,
00:02:32.500 including storage bunkers for naval mines and missiles and other military infrastructure.
00:02:37.000 To date, our Air Force, Navy, and Marine Corps aviators
00:02:40.280 have collectively flown more than 6,000 combat flights, demonstrating the unmatched capability
00:02:45.920 of America's joint force as we maintain air superiority over Iranian skies.
00:02:51.340 We continue to remain centered on our military objectives. These are well-defined and include
00:02:56.900 eliminating Iran's ballistic missiles, drones, and naval threats. It's one thing to defend by
00:03:02.820 striking launchers and intercepting missiles and drones, but it's another thing to eliminate the
00:03:07.800 wider manufacturing apparatus behind them and we are doing that today we've talked about it in
00:03:14.280 concept here's what it looks like in reality let me show you for the first time a few examples of
00:03:20.600 how we are dismantling iran's defense industrial base which will prevent threats to the region
00:03:26.280 into the future here you see a photo from march 1st of a naval drone storage facility located
00:03:32.200 near the Strait of Hormuz. This is the same location eight days later completely destroyed.
00:03:39.160 Next here's a photo taken of an attack drone production factory in Tehran on March 5th.
00:03:45.560 Here's that same factory six days later after a devastating barrage of U.S. airstrikes.
00:03:51.000 And finally the Yazdi Military Depot pictured here last month. These eight buildings are part
00:03:56.360 of the IRGC's missile command infrastructure and are used to produce light and heavyweight torpedoes.
00:04:02.040 Now, here's that same military depot just last week or what's left of it.
00:04:07.420 U.S. and partner strikes are doing exactly what they are intended to do,
00:04:11.660 deliver on very clear military objectives to eliminate Iran's ability to project power against Americans and against its neighbors.
00:04:19.520 I don't understand the continued excursion into Lebanon.
00:04:23.160 I don't understand the scale of the attacks into Lebanon.
00:04:26.780 I don't understand why it continues to widen.
00:04:29.300 Help me and help everybody else understand why is Netanyahu taking such an expansive approach to warfare in Lebanon?
00:04:42.500 Joe, it's a tough one to answer. Israelis have bitter memories of Lebanon.
00:04:48.260 I watched as they rolled all the way to Beirut in 1982 and lived to regret it deeply for several decades.
00:04:56.700 An essayist who writes for The Atlantic magazine last weekend wrote an essay on victory disease, the ways in which leaders and armies can become so stoked by one victory that they keep going beyond the limits of good sense.
00:05:19.720 Certainly Donald Trump had victory disease after his stunning success in Venezuela.
00:05:24.120 I think the Israelis, after the amazing successes of the last two years against Hamas, Hezbollah, Iran, have thought they just have to keep going, go all the way.
00:05:38.120 Lebanon has been a real kragmire for Israel.
00:05:41.260 And I would expect that in the next few days you'll hear a growing criticism of the idea of a big ground invasion of Lebanon again, because people have seen where that leads.
00:05:54.120 Why does it happen? It happens because leaders get intoxicated by their own power.
00:06:00.180 All this talk about this war wasn't imminent. Why did we decide now? All this talk about what is
00:06:07.900 the mission? All of this is used to try and obstruct, undermine, dispirit and divide this
00:06:14.080 nation. At a time when Donald Trump is doing what great presidents do and the battle against Iran,
00:06:22.300 Maybe we should call it for now the Battle of Iran.
00:06:27.340 I call it a peace mission because that's the objective.
00:06:30.300 Peace. Peace through strength.
00:06:33.820 Taking on a government, an illegitimate terrorist regime,
00:06:38.680 whose roots are in the 7th century of barbarism.
00:06:42.000 Just like our founding fathers had to take on barbarism.
00:06:46.840 Just like Franklin Roosevelt needed to lead the nation against a barbaric Third Reich.
00:06:51.780 You see many similarities here.
00:06:54.560 The primary indispensable role of the United States is to anchor the global system against the revisionist ambitions of Beijing and Moscow.
00:07:04.420 China is not getting bogged down in Middle Eastern quagmires.
00:07:08.480 It is relentlessly investing in artificial intelligence, quantum computing, solar and wind power, batteries and robots,
00:07:16.840 the technologies that will determine the balance of global power.
00:07:20.120 Russia remains fiercely committed to disrupting the European security architecture and undermining Western democracies through hybrid political military warfare that has proved hard to detect and even harder to defeat.
00:07:35.920 But while Moscow and Beijing challenge the basic architecture of America's world order, Washington is preparing once again to spend blood and treasure policing the Middle East and trying to pick the leaders of one of its countries.
00:07:51.300 But it's enough, but it's enough to distort the probably the most important shipping point in the world.
00:07:58.500 And I don't want to say that the straight is closed.
00:08:01.140 I don't like that term, but the reality is shipping traffic has fallen off a cliff.
00:08:05.100 It's critical for oil, for gas, for fertilizers, helium, for semiconductors.
00:08:09.420 Is there a plan to get that fully?
00:08:13.020 I don't want to say reopen.
00:08:14.020 There was a tanker that ran through today.
00:08:15.820 Fully operational and safe for all global shipping.
00:08:20.740 Well, let's pull that apart. So we are seeing more and more the fuel ships start to go through.
00:08:28.980 The Iranian ships have been getting out already, and we've let that happen to supply the rest of the world.
00:08:35.940 We've seen Indian ships go out now. So the Indians who rely very heavily on Gulf oil, we believe some Chinese ships have gone out.
00:08:44.760 So that and that should start ramping up before there are any the flotillas or protective armadas in the Gulf.
00:08:58.380 So we think that there will be a natural opening that the Iranians are letting out.
00:09:04.260 And for now, we're fine with that. We want the world to be well supplied.
00:09:08.000 The other thing that we did, we gave a 30-day waiver for Russian oil that was already on the water.
00:09:16.600 It was about 130 million barrels.
00:09:19.220 And that's a lot of oil.
00:09:21.360 Good thing about it.
00:09:22.040 One and a half days global supply, Mr. Secretary.
00:09:24.760 No, no, but that's bad framing.
00:09:27.200 Good framing is that there was about 20 million a day coming out of the Gulf.
00:09:32.800 That 1.5 of that is the Iranian oil.
00:09:36.060 So the 18.5, the Saudis and UAE have diverted the production into the Red Sea.
00:09:48.700 So that's about another five.
00:09:50.720 There's a strategic petroleum release.
00:09:52.920 So we are in deficit somewhere between 10 and 14.
00:09:57.160 But ultimately, we have to reopen the Strait of Hormuz to ensure stability in the market.
00:10:06.060 That is not a simple task.
00:10:10.140 So we're working with all of our allies, including our European partners, to bring together a viable collective plan that can restore freedom of navigation in the region as quickly as possible.
00:10:25.220 We're also zeroed in on dismantling Iran's decades old threat to the free flow of commerce through the Strait of Hormuz.
00:10:32.200 Through a combination of air, land, and maritime capabilities, we have successfully destroyed
00:10:37.380 over 100 Iranian naval vessels, and we are done.
00:10:41.440 We will continue to rapidly deplete Iran's ability to threaten freedom of navigation
00:10:45.760 in and around the Strait of Hormuz.
00:10:48.240 Our progress remains steady, and we remain vigilant against the enemy.
00:10:52.000 Because it is their territory, it's the place from which they get their energy, and they
00:10:59.960 should come and they should help us protect you could make the case that maybe we shouldn't be
00:11:06.360 there at all because we don't need it we have a lot of will we were the number one
00:11:10.360 producer anywhere in the world time soon by double at least now i think it's much higher than that
00:11:17.000 but we do it it's almost like we do it for habit but we also do it for some very good allies that
00:11:23.720 we have in the Midwest. Commander-in-Chief Donald Trump, who's facing the same kind of ugly
00:11:32.380 internal forces as Roosevelt did, who's facing the same kind of enemy that Jefferson did and
00:11:41.320 Madison did. Just remember this. This is a righteous war that seeks peace. Peace. Again,
00:11:54.760 changing slightly the quote from Madison in 1815, peace is better than war, he said,
00:11:59.780 but war is better than nuclear annihilation. He said war is better than enslavement.
00:12:07.320 war is better than nuclear annihilation. I ask you, I ask you, what do you think Jefferson and
00:12:14.600 Madison would do in these circumstances today? What do you think Franklin Roosevelt would do
00:12:19.100 in these circumstances today? Or Abraham Lincoln or George Washington, or even Ronald Reagan when
00:12:24.480 they didn't have nuclear weapons in Iran? What do you think they would do?
00:12:31.060 It's Monday, 16 March in the year of Our Lord 2026. I want to thank the team in Denver of
00:12:35.700 America's voice. Also, our magnificent team hit the worm. That was a perfect curation of what's
00:12:42.120 happened in the last 24 hours, beautifully cut and wedged in. And I believe that Lincoln and
00:12:47.240 Washington and Madison and Jefferson would have focused on the real threat to the United States
00:12:52.960 coming from the streets of New York with Mondami and what's happening in Texas with this Islamic
00:12:58.620 takeover and the 20 million illegal aliens, Mark Levin, Tel Aviv Levin, that we have here in the
00:13:05.360 united states that now the republican pollsters think oh my gosh mr president sending him fake
00:13:11.840 polls that you can never mention mass deportations again the fake polls are showing him to turn down
00:13:17.640 shut down the maha movement so now that we're where we are uh promoters of roundup of every
00:13:24.460 significant mega policy to now focus on the middle east and like i said to the national
00:13:30.540 conservative convention in uh june before the 12-day war the middle east is a sideshow to the
00:13:39.180 central problems of the united states of america and israel is a sideshow to a sideshow and of
00:13:45.100 course farid zakar sounded like captain james for now keep the main thing the main thing okay here's
00:13:50.580 what we're going to do and a programming change already the commander-in-chief of the american
00:13:56.140 military forces and the president of the United States has just announced on True Social that he
00:14:01.420 is holding a press conference right before his board meeting at the Kennedy Center, the Trump
00:14:06.420 Kennedy Center. That board meeting is supposed to start 1145.12. We assume the president may
00:14:12.380 hold this press conference sometime in the 11 o'clock hour. So we're going to be packed today
00:14:17.040 already. We're going to start with oil. We've got Eric Bolling and Rob Lockwood to walk us
00:14:23.320 through it two great briefings today we'll put up in its entirety on our streaming scott bessett
00:14:29.000 on cnbc our own former contributor and secretary of the treasury also abril cooper and centcom two
00:14:36.360 really great briefings we've got poso and captain james finnell to break it all down for us the
00:14:42.340 first hour is going to be on fire short commercial break natasha owens will take us out we'll be back
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00:16:11.620 Text Bannon to 989898.
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00:16:20.760 Do it today.
00:16:22.340 Here's your host, Stephen K. Bannon.
00:16:27.860 The Arizona engine rooms on fire this morning, they remind me that on 4th of July, 1821, John Quincy Adams, we need not go abroad in search of monsters to destroy.
00:16:41.880 Also, General Jack Keene, very close to the president of the United States.
00:16:47.460 We tried to get him as national security advisor in the first administration.
00:16:50.920 Didn't work out.
00:16:51.580 uh on fox we are there to eliminate iran's offensive capabilities and the manufacturing
00:16:56.720 that support it so they cannot threaten others we are not there to take over the country like
00:17:00.820 russia has tried to do in ukraine for five years etc etc etc um the center of gravity
00:17:08.620 of this war has shifted to very quickly shifted to the persian gulf the world's oil markets
00:17:16.120 so today we've got two uh we got rob lockwood and eric bowling eric scott bessett and we'll put the
00:17:23.400 entire interview up from cnbc he walked through principally to calm oil markets what uh number
00:17:31.820 one they're not going to intervene right not going to intervene with other methodologies at treasury
00:17:36.780 but walk me through his assessment and the math of what he had to say this morning vis-a-vis what
00:17:42.080 you're seeing of traders last night i think the first trade got west texas intermediate which is
00:17:47.660 the american proxy for our price over a hundred dollars that's backed off i think pretty
00:17:53.420 substantially this morning uh what's going on so over the weekend there was more bombings going on
00:18:01.460 steve we talked about the car bombing carg island which is the uranium oil platform processing
00:18:07.080 platform which it's beyond me why we do that listen i i he's got a plan i hope it's working
00:18:14.180 but i listened to scott best and i had a couple problems with with best's analysis he was asked
00:18:19.520 you know what what is actually being shut in right now what's what's being held back through
00:18:23.360 the strait and he mentioned some iranian boats are getting through hear me out there's 20 million
00:18:29.080 barrels a day that that goes through through that channel the the vast majority of those ships are
00:18:35.200 around one and a half to two million barrels they hold.
00:18:37.980 They're called VLCCs, very large crude carriers.
00:18:40.620 There's a lot of ships that have to go through there to get back to normal.
00:18:43.980 A few Iranian boats and maybe a Chinese boat and maybe an Indian boat
00:18:47.920 isn't what's going to happen.
00:18:49.240 And he went to the – he was asked how much, and he said,
00:18:52.200 we're about 10 to 14 million barrels held back.
00:18:55.880 I would say we're about 20, 19 million barrels,
00:19:00.000 18 million barrels per day being held back.
00:19:02.320 So I'm not sure where he gets his math.
00:19:03.740 So I have a bit of an issue with that. Then he was asked about draining the SPR even further. We were at 415 million barrels. We're going to release 172 million of our own SPR. That'll bring us to what, 260, 270 million barrels. We were getting dangerously low, but there was another, I think the energy secretary is on saying, don't worry, we're going to buy it back in the futures market down the road.
00:19:30.340 You know, I looked at eight months down the road, oil is still $80 a barrel back there.
00:19:35.740 So it doesn't make sense to refill the SPR at an $80 a barrel of oil.
00:19:40.960 It's better than the 95 it is today.
00:19:44.260 But hang on, let's just go back to some math.
00:19:48.320 I think it's a consensus.
00:19:49.760 At least three vessels are getting through.
00:19:52.320 Scott's saying five at a million and a half barrels or a million barrels.
00:19:56.160 That's roughly four to five million barrels, right?
00:19:58.700 from the 20 that's 15 that's that's 14 or 15 million i mean the his math works out
00:20:03.880 it's roughly 15 million barrels a day are not getting through he didn't say four to five are
00:20:08.880 getting through he said correct i mean is it let's call it 15 a day okay okay you're talking
00:20:15.280 hundreds of millions you know you're gonna hit hundreds of millions of barrels over a three-week
00:20:19.680 situation it's been in essence shut the idea of of ensuring these boats with with lloyd's of
00:20:27.000 london passage is also not going to work because there's no captain worth his salt that's going to
00:20:32.200 risk the lives of 200 crew members to put it through there just because they have insurance
00:20:36.080 if the thing blows up their families will be taken care of no we're not in that day and age
00:20:39.840 here's my point i want trump to win i want us to win in the midterms my biggest problem with
00:20:44.500 what's going on right now steve is it it wasn't one and done it didn't get in there and get the
00:20:48.920 hell out which he we i thought we should have we could have because this is now pushing a four
00:20:53.940 gallon of gasoline within the next i would say 20 30 days nationally even if it ends everybody
00:20:59.340 everybody including the president everybody including the president with current reporting
00:21:02.880 wanted something quick and dirty okay whether it was uh misdiagnosed captain finnell is going to
00:21:09.100 walk through why it's very methodical what we're doing and that was a multi-week program whether
00:21:13.440 people didn't hear that or didn't want to hear it or didn't understand it they're the military is
00:21:18.320 moving down a path to de-industrialize uh iran okay and just to put it in perspective iran 90
00:21:26.760 million people texas 30 million so three times the population and iran's about two and a half
00:21:31.940 size two and a half times the size of texas so you have a large area trying to de-industrial
00:21:38.780 yeah yeah but we're not fixing we're not fixing it steve the problem is bombing these um their
00:21:46.340 ability to create drones and and various forms of military assets they're they're a petro state
00:21:54.480 they you know they're selling three million barrels a day at 100 300 million dollars per day
00:21:59.540 they can build that stuff back over time i you know i i'd like to see something done that's
00:22:04.760 it's more permanent not let's take out their ability to how you know go ahead well i know
00:22:09.920 the you you want you want to you want to cut a deal as it's trading right now where does the
00:22:16.000 market because the the the market was up from the time bb went to uh went to mar-a-lago in late
00:22:22.940 december i think the i think the oil market was up 20 or 25 percent even before the uh the bombing
00:22:30.440 started so the oil market is quite efficient as it deals on information right it tends towards
00:22:37.020 efficiency. Where is this market today telling us what the market thinks this is going? Not what
00:22:41.640 President Trump and not what Besson, where does the market say this is going right now?
00:22:45.740 It's elevated. I just pointed out, I just looked at October delivery for crude oil just right now,
00:22:51.400 $78 a barrel today. That means the market believes in October, it'll be at least the $78
00:22:57.340 barrel in October, which translates to about $3.75 a gallon. However, we're coming down from
00:23:02.840 likely a four dollar per gallon of gasoline the market you're right steve so in late december
00:23:09.120 early january we were about 55 a barrel it started to move up because there was anticipation of a
00:23:16.180 conflict in the middle east market the oil market is very smart very efficient very smart and it
00:23:21.960 predicts and it plans for conflicts it plans for supply shocks it also plans for oversupply and so
00:23:28.320 If it were a very temporary blip, let's call it believed in the oil market, you would see $100 on the spot price, which is traded today, $95 today, but it got to $103 last night.
00:23:39.760 So $100 a barrel today, and you'd see $60 or $65 in October, November, and December because they would believe that oil prices are coming down.
00:23:49.660 They believe it's going to remain certainly elevated from where we started from, maybe a little less than where we are today.
00:23:58.320 Because we're not fixing the problem.
00:24:00.620 You leave Iranians the ability to rebuild, you're going to have another problem down
00:24:04.560 the road.
00:24:06.400 Okay.
00:24:07.140 Hang on a second.
00:24:07.900 I want you to stick around for Posobiec and Captain Finnell.
00:24:11.280 I want to bring in Rob Lockwood, one of the original gangsters of kind of the MAGA movement.
00:24:16.280 Rob, both Republican strategists, media expert.
00:24:20.180 You've got a piece up that I find very intriguing.
00:24:22.920 You're saying part of the solution to get back to that $50 barrel, $55 barrel, full spectrum energy dominance may be in the appointment of the senator from Oklahoma.
00:24:35.360 And you're strongly recommending Harold Hamm.
00:24:38.480 Tell our audience who is Harold Hamm and why is he so important to the current environment, sir?
00:24:44.160 Sure.
00:24:44.440 So, Steve, as outlined by Eric, we live in a complex world and the oil and energy markets are complex.
00:24:49.780 Harold Hamm, if Donald Trump is the CEO and the architect of America's national energy
00:24:54.660 dominant strategy, which he is, Harold Hamm is the intellectual godfather and an operator who
00:25:00.420 helped usher in an American energy renaissance and American energy independence before President
00:25:04.800 Trump even took office. So he was a guy who grew up in absolute poverty, one of 13 kids,
00:25:11.440 sharecropper family in Oklahoma. They had no water on the farm in which they lived. He had
00:25:16.760 no formal education, no political connections, no industry connections, who built a titan company
00:25:22.160 called Continental Resources. And Harold Hamm is a huge supporter of President Trump's, and he has
00:25:26.680 been for a long time. And I wrote this piece because right now in Oklahoma, with the, I think,
00:25:32.960 forthcoming appointment and confirmation of Senator Mullen to head DHS, there's going to be an opening.
00:25:39.000 And this opening is a temporary seat, seven or eight months until the November election is
00:25:43.220 certified. This is political crunch time, as we're seeing with the world of geopolitical affairs,
00:25:47.800 but also because it's an election year with the midterms. We have to win, because if we don't,
00:25:52.920 the Democrats will throw all the sand in the gears of all of the momentum that President Trump has
00:25:57.480 built. And so my thought is, Harold Hamm is like, I'm a Patriots fan, I apologize to your audience
00:26:02.580 who hates them, but he is the Tom Brady of modern American energy. And this is political crunch time.
00:26:07.540 And Governor Kevin Stitt has the opportunity to put an energy icon into the Senate who can work with Republican caucus members to message how that energy is the foundation of prosperity and peace abroad.
00:26:19.640 And he could even tutor privately some Democrats who may not be able to campaign on that issue.
00:26:24.580 But there are some who do privately understand the need for increased baseload power, the need for President Trump's energy dominance agenda to continue.
00:26:32.560 And so for me, it's a no brainer.
00:26:34.060 Put this guy in the Senate for seven to eight months.
00:26:35.700 He can help President Trump save America. He can help the Republicans win in the midterms and then have two more years of furthering the agenda that's going to bring America back to true greatness.
00:26:44.620 So that's the thesis of the piece and who Harold Hamm is.
00:26:48.620 Yeah. Hang on for a second. And Eric, hang on. We're going to get to some of the military, but I want you to hang on for a second.
00:26:54.520 Harold Hamm is also I mean, he was with us early on. This guy is original MAGA and was with President Trump early on.
00:27:01.520 he's also president trump's kind of mentor about the whole theory of the case of full spectrum
00:27:07.000 energy dominance and you've seen harold ham have a voice in this situation in venezuela i mean i
00:27:12.580 don't think you could get a more important ally of president trump and platform in the senate
00:27:17.160 between now and election day and also get some minds right over there uh and even in the
00:27:22.480 administration about the importance of uh of full spectrum energy dominance uh harold ham i would
00:27:28.340 say his original gangster when it comes to that uh and he certainly is an incredible
00:27:33.140 kind of kind of kind of a throwback to the wildcatters of the mythical or the original
00:27:41.420 the foundational myth of our oil industry that's ham goes back to that and has that kind of that's
00:27:46.620 the cut of his jib anyway short commercial break uh we're going to juggle a little bit this morning
00:27:50.980 president said he's going to have an impromptu press conference probably around 11 o'clock
00:27:55.620 There's obviously a lot to talk about
00:27:57.700 And the media is baying like a pack of jackals
00:28:00.880 After him
00:28:01.780 So it'll be quite interesting
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00:29:57.540 Here's your host, Stephen K. Band.
00:30:04.480 Welcome back.
00:30:05.840 MBS is telling the New York Times, continue bombing, take the head off the snake.
00:30:10.820 Behind the scenes, who knows what they're saying?
00:30:13.760 We're going to keep Rob Lockwood and Eric Bolling.
00:30:16.240 Like I said, the president looks like he may have a press conference in the 11 o'clock hour.
00:30:19.780 we'll go to that live. Let's go to Jack. We've got Captain Fennell, Jack Posobiec. Jack,
00:30:24.260 your assessment of what you've seen over the weekend, what does it mean, sir?
00:30:29.580 Well, Steve, as I said yesterday here on the program, and I would say as well,
00:30:33.700 President Trump clearly at a crossroads in this situation. You've got the 31st MEU,
00:30:38.800 which is now steaming its way, I'm told, through the Straits of Malacca, right about now coming up.
00:30:44.440 They were in operations in and around the Philippines, South China Sea area.
00:30:50.200 They're headed up through the Strait of Malacca.
00:30:52.160 They are steaming along, picking up speed and heading over to the Persian Gulf, which
00:30:57.040 obviously allows the president for a range of optionality, as it's called in military
00:31:03.640 defense circles these days, along with the different pieces of the puzzle that he has.
00:31:09.220 And I was on media earlier this morning, and I would say here again, as well as to the
00:31:12.820 war room that I have seen a very strange contention from the Wall Street Journal and others saying that
00:31:19.380 boots on the ground are necessary to take Karg Island. And that's one of the most ridiculous
00:31:23.640 things that I've heard. You don't need to take this territory to be able to neutralize it,
00:31:31.620 because if you just simply want to neutralize Karg Island, you could use cyber warfare very
00:31:37.180 easily to shut down offload and onload operations. Anything with the computer could be fried.
00:31:43.400 And of course, the United States Navy has been neutralizing piers for centuries at this point.
00:31:48.980 In fact, the United States Navy SEALs were designed for that specific purpose, if you go
00:31:54.360 back to the UDT teams. And so this is something that the Navy is able to do. You can take out
00:32:00.080 the pier. You don't have to touch any of the fuel supplies, the depots, the pipelines, any of it.
00:32:06.040 You just you just hit the pier. It's really simple. But I think, Steve, that what's going on now is that there are people who are deeply and seriously agitating, including Wall Street Journal, for the president to put boots on the ground because they realize that once he has done so, that the mission creep will be so far in that this thing could explode into a full fledged war.
00:32:25.880 And they deeply want that. And that's what I said here last week, that Lindsey Graham was certainly part of that push, jester gooning up and down for a wider, full-scale war with Iran.
00:32:36.980 uh so on the sunday show lineup on friday um and all the sunday shows lady lindsey was not included
00:32:48.220 now on the saturday update he was he was included in a couple i think meet the press and a couple
00:32:55.100 others my understanding he was not on the sunday shows yesterday as a surrogate uh they're maybe
00:32:59.940 trying to dial down i think they're buying your theory of jester gooning uh but hang on for a
00:33:05.620 second, Jack. Let's bring in Captain Fennell. Captain Fennell, CENTCOM Admiral Cooper went
00:33:10.720 through another methodical briefing today of what the still the focus of CENTCOM on the military
00:33:16.760 objectives, also the industrial base. The Israelis have told us they've got 6,000 more targets,
00:33:23.200 at least two or three weeks, maybe four weeks of still intense bombing. And every day is pretty
00:33:28.600 intense. In fact, you could say over the last, at least through Saturday night, those three or
00:33:33.680 four nights in a row increased in intensity every night. Your assessment of CENTCOM and then the
00:33:39.580 broader military objectives here, sir? Well, Steve, I agree with Admiral Cooper's statement that
00:33:46.440 Iranian military capability is declining while U.S. military capability is increasing. And the
00:33:53.320 numbers that he put out on his briefing this morning are very clear that we are really,
00:33:58.940 really pounding them every day for 16 days. And I would like to give an example because I heard
00:34:05.740 Eric Bolling's, you know, angst, and I understand it about the strait and the concern that everyone
00:34:13.520 has about this being shut down. But one just little note from the UK's Maritime Trade Office,
00:34:20.780 they have what they call a Joint Maritime Information Center, and they've been putting
00:34:23.900 out reports every day of the conflict. And since the conflict has started, they pointed out in
00:34:30.180 their daily reports, number 15 was released last night, that there has been no Iranian mines detected
00:34:37.280 in the Persian Gulf and in the Strait of Hormuz. And people would say, well, that's not verified,
00:34:43.200 or they can go down that tangent. But let's just take that independent agencies, who has clearly
00:34:49.440 no skin in the game to exaggerate. They have stated that now for 15 days. Why is that? And I
00:34:55.820 would say that is a reflection of the targeting plan that CENTCOM put together and that they
00:35:02.160 outlined every day since this conflict has been going on. Take out the missiles, take out the
00:35:07.800 missile launchers, take out the missile production factories, which they are now heavily doing in
00:35:14.060 the last 24, 48 hours, but also this Navy piece. And when we say Navy, we just think of ships
00:35:20.040 floating, but it wasn't just ships floating. It was those bases and those storage facilities for
00:35:25.800 torpedoes, mines, drones, ammunition, the boats themselves that go ashore, the small fast boats.
00:35:33.380 So we have been decimating that. And a reflection of that success has been that there hasn't been
00:35:39.260 one ship that's hit a mine. There's been no detected mines in and around the strait in this
00:35:45.080 last 16 days. And I remind people, the number one weapon that has damaged more U.S. Navy warships
00:35:52.560 since World War II is the mine. So we have actually been very successful in that regard.
00:35:58.200 And so I think what we should, and I know it's very hard for people to do that. I haven't been
00:36:02.280 in the military. But when you listen to the former commanders of NAVCENT, Fifth Fleet,
00:36:08.120 like Admiral Donegan, who's on ABC this Sunday, we are, we have known about this, we have planned
00:36:14.580 for this, and we're going through it very systematically. And I agree with Jack, we don't
00:36:19.160 have to put boots on the ground on Karg Island to take out their capacity to produce oil, or to at
00:36:25.640 least disseminate the oil. And last night, there was overhead imagery, commercial imagery, that
00:36:30.320 showed three maritime tankers from Iran sitting at Karg Island being loaded up with fuel. At some
00:36:37.480 point, that will stop. And that's the president's time to choose to do that. And I'm not the
00:36:42.880 president. I'm not sure exactly when he'll do that. But at some point, if this doesn't ratchet
00:36:47.440 back, he'll have another ladder, a rung on the ladder to take up in the escalation, at least in
00:36:53.400 terms of putting pressure on the regime to capitulate. And we do not have to be boots on
00:36:58.220 the ground. And we do not have to have an endless war. We can do this if we just stay the helm or
00:37:03.780 steady on the helm and keep proceeding as we have. And the Tripoli coming through the Strait of
00:37:09.120 Malacca, she'll probably pick up two littoral combat ships with mine warfare packages,
00:37:17.140 and they'll escort them out to the Gulf should we have to use even mine sweepers. But there is
00:37:22.380 another plan that we can use, which is right now we're going to start rolling in A-10 Warthogs,
00:37:28.400 the Thunderbolts. And with those, along with F-18s, F-15s, and F-16s, with this
00:37:36.800 advanced precision kill weapon system that the Ukrainians have been using to shoot down drones
00:37:42.280 in the Ukraine, these $25,000 missiles can be used, and they're being brought out to the theater
00:37:49.080 to be able to take down any kind of unmanned surface vessel or any kind of drone. So we have
00:37:55.740 the capacity to start really making it apparent to the shipping community that it is going to be
00:38:02.200 safe. Still needs some more time. It will be safe. Hang on. I want to go back in time. My kid brother
00:38:09.500 was there. I know you were very involved. Go back to the, it's not directly analogous, but
00:38:13.140 we've had this issue before, the tanker wars of 87 and 88. How did we actually have combatants?
00:38:20.260 How did we escort? Because this is going to be a big issue. They're pouring more naval assets
00:38:25.540 into the region, into the North Arabian Sea, about the actual escorting of these tankers.
00:38:32.640 We've done this before during the 87-88 tanker war.
00:38:35.880 Explain to us what happened then and what lessons do we derive from that?
00:38:41.200 Well, those wars actually started in 81, but we didn't actually start doing the escort program
00:38:46.780 until, like you said, 87-88.
00:38:49.680 And during that whole period, those seven, eight years, there were over 450 ships that were struck
00:38:54.880 attacked or struck by
00:38:56.820 Iranian and Iraqis during that
00:38:58.840 period. 55 of these ships
00:39:00.880 actually sank during that time period.
00:39:03.000 And what we did in Operation
00:39:04.620 Praying Mantis is that we started escorting
00:39:07.160 groups of ships with
00:39:08.900 our destroyers and frigates. We used
00:39:10.880 to have a lot of frigates then because it was
00:39:12.840 a 600-ship navy. Today,
00:39:14.820 we only have a 300-ship navy, but
00:39:16.840 we have much greater
00:39:17.960 capabilities on our ships
00:39:20.720 with our Aegis radar
00:39:22.720 systems. So we have these Aegis-equipped destroyers, the Arleigh Burke class, and those ships, and most
00:39:29.560 of the estimates I've heard from former flags, admirals, have said somewhere around a dozen or a
00:39:34.260 little over, a little under. If we had a dozen of those operating into the strait, escorting groups
00:39:40.620 of tankers, we could start ratcheting these numbers up from the one, two, three, or four that happened
00:39:46.820 a couple of days ago, up to in the 50s or 60s in short order. But before we start putting a U.S.
00:39:53.520 Navy warship in those waters off that coast, CENTCOM is going to want to know and be absolutely
00:40:00.140 certain that we don't bring a destroyer in there and have it take a hit from something that the
00:40:05.000 Iranians have. And all of a sudden, now we're talking about how the United States Navy lost
00:40:09.900 a warship and killed 300 sailors. That's not what we want. So they're going to make sure that they
00:40:15.420 rub everything out and the other way that you can do this like i said with the mines and these
00:40:20.860 other systems that the rains have is what we have is persistent isr we have satellites we have
00:40:27.920 airborne unmanned isr platforms we have manned platforms we have dirgibles that are actually
00:40:33.780 afloat that can look hang on tell people tell people hang on tell people what isr means
00:40:40.760 Sorry, intelligence, surveillance, and reconnaissance. It's our ability to detect
00:40:45.700 electro-optical imagery, infrared imagery, signals intelligence, communications intelligence,
00:40:52.300 electronic intelligence. So we are sucking up everything. As somebody said on another
00:40:56.560 channel, Admiral Mark Montgomery said, an unblinking eye. We are seeing everything that's
00:41:02.300 there. And we have the preponderance of air forces now that are working, as Admiral Cooper said,
00:41:07.820 an air superiority arena now. So we don't have to worry about, we're still not taking it for
00:41:13.820 granted, but we're not as under pressure for being shot down. So we're able to put the pressure on
00:41:19.080 the Iranians. Were you surprised he didn't use the term air supremacy? He was very specific
00:41:26.780 about air superiority. Yes. And so because he's the closest man to the fight, I would go with
00:41:32.760 his assessment. I've heard air supremacy from others, but when Admiral Cooper says it, I'll
00:41:37.100 go with that. So he probably was speaking across the whole scope of Iran. So we probably don't
00:41:43.060 have air supremacy or air superiority in the Far East on the Afghan border or on the east side of
00:41:50.220 that country. But I guarantee you in the Strait of Hormuz and along that coastal area, we have
00:41:55.640 air supremacy, I'm guessing. And we are operating over there. And if they try to take something out
00:42:01.500 of a cave or out of a bunker, a mine, for instance, we're going to see that and that's going to be
00:42:07.280 vaporized before it can even get close to the water. And I think that's where he wants us to
00:42:13.380 be at. And when we get in that position, then we can bring in the Aegis destroyers. And oh,
00:42:19.240 by the way, our allies have Aegis equipment. The South Korean Navy and the Japanese Navy have
00:42:24.900 Aegis equipped destroyers. Hang on. The Japanese ambassadors come to the White House to
00:42:31.440 afternoon uh the prime minister is coming for a huge meeting and dinner on thursday talk to me
00:42:37.100 president trump actually made a call to arms says he needs all the allies nato and kind of implied
00:42:42.080 hey if you're not there maybe we're not gonna be there called for nato he called for the chinese
00:42:46.120 communist party send the people's liberation navy we got 60 seconds sir i'm gonna keep you around
00:42:50.520 give me 30 seconds on president trump's calling for all the navies of the world to come and keep
00:42:56.080 the Strait of Hormuz open? The president's exactly right. I said this a couple of weeks ago. An
00:43:01.760 article was written. This is the free world's war. This is about whether or not we're going to allow
00:43:06.940 Iran to have the jugular of the world's economic system, which runs on oil, unfortunately. And
00:43:13.180 therefore, we should be expecting our partners and allies to join us. And already, we've already
00:43:19.220 seen the UK today said no. Albanese down in Australia said no. The Germans are indicating
00:43:25.380 they're going to say no let's see what our allies in asia do i'm i'm more confident that they'll
00:43:30.580 probably try to help us at least the japanese okay yes hang on captain i might add that the
00:43:38.500 i think the filipinos i think the philippine government also told the chinese communist
00:43:42.180 party today that the south china sea is not an internal sea of china you do not have sovereignty
00:43:47.220 of it complex complicated that's why you're in the war room to uh get the information you need
00:43:56.260 fellow patriots the federal reserve has betrayed america for over a century printing fiat
00:44:02.560 inflating away your savings serving globalist masters but president trump is ending it president
00:44:10.240 trump is wielding a 112 year old law to reclaim control over the rogue federal reserve
00:44:16.940 He's replacing Jerome Powell, slashing rates, and igniting America's re-industrialization.
00:44:23.060 This isn't theory.
00:44:24.900 Government-backed industry plus low rates unleashes super cycles.
00:44:29.960 History repeats.
00:44:31.580 Gold's already exploding.
00:44:33.280 Miners are up 400% in the last year.
00:44:36.440 What Rickards is calling Trump's gift is wealth for American patriots, not global handouts.
00:44:44.060 Now it's America's turn.
00:44:45.860 Gold to 27,000 in the coming years.
00:44:48.760 Jim Rickards, CIA and Pentagon veteran, says act now.
00:44:53.180 Go to Insider2026.com.
00:44:56.580 That's Insider2026.com to get Jim Rickards' strategic intelligence newsletter today.
00:45:06.080 Here's your host, Stephen K. Vann.
00:45:11.200 We have an event at the Kennedy Center tonight.
00:45:13.440 there's a lunch for the kennedy center board or trump kennedy center board is going to take place
00:45:17.140 around noon president says he's going to do a press conference beforehand i think that's in
00:45:21.160 the east room we're in standby for all of it we'll cover it obviously live tonight there's a free
00:45:28.220 event on kill to order the book one of our books that uh jan ukelec is uh the great uh epoch times
00:45:38.160 writer and american thought leaders host is putting out make sure you go to um i'll give
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00:45:49.140 free we've at we're now in the concert hall so we've added another thousand spaces you get a
00:45:54.920 free book also if you and rob steiner is going to be there for a conversation with you on it's
00:45:59.540 going to be incredible uh also cpac.org slash war room 17 dollar ticket four days at cpac the entire
00:46:07.580 Our Real America's Voice team will be there.
00:46:09.920 Also with Patriot Mobile.
00:46:12.160 Everybody's very excited.
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00:46:19.680 Check it out today.
00:46:20.680 Jack Posobiec, thoughts and observations on CENTCOM's plan and our naval strategy.
00:46:28.180 Well, Steve, certainly there's a lot to be brought to bear here.
00:46:31.900 Now, the idea that NATO is going to send their ships in, it's going to be interesting.
00:46:37.580 We'll have to see. Also, real questions about Israel. Israel also has a navy as well, and yet we haven't heard any calls, I think, for the Israeli navy to get involved in this as well.
00:46:48.960 They are striking around with their air power, certainly, right now, but they do have naval assets that could be brought to bear.
00:46:55.100 And so, of course, if Israel wants to send their naval assets to the Strait of Hormuz, that could also be an option here for greater forces in that region.
00:47:05.180 And certainly, and by the way, there's also one other option, of course, that the United States also has not taken, and that's our own use of asymmetric warfare against Iranian tankers that we've seen in the past.
00:47:16.640 So we have seen the seizing of tankers by whether it's Venezuela bound, whether it's these Venezuela flag tankers.
00:47:24.220 If the United States Navy were to be able to start conducting those interdiction style operations that we saw with the Venezuelan sanctions, then you wouldn't necessarily need to close the Strait of Hormuz at all.
00:47:35.580 You'd be able to affect Iran in the same exact way.
00:47:38.520 Now, again, of course, this also increases the level of escalation, but doesn't necessarily require boots on the ground.
00:47:44.780 And again, Steve, I'm just talking about the wide variety of options, the plethora of options that the president has at his fingertips here that, again, totally at sea or using air power technology or capabilities do not require boots on the ground.
00:48:04.000 Asymmetric. Number one, go to Dubai and seize the pirates.
00:48:07.560 That's the pirate cove of the Middle East, just like Tortuga was against the British Empire in the Caribbean.
00:48:13.920 they should seize all the financial assets of iran the persians all do it you know allow them
00:48:20.380 to do it because they're they're making they're making yeah they're making huge they're making
00:48:24.460 huge coin off that they ought to seize that immediately we also put sanctions on any country
00:48:29.000 trading with iran financially to seize it and i think you i think you you keep it open but i don't
00:48:35.840 know why you're not seizing any any oil coming out of there that can't is being traded and cash is
00:48:41.100 going to the iranians i don't get it i don't get how you put people in harm's way and like choke
00:48:46.660 them down cut their cash off when besan started destroying the what's the currency the real back
00:48:52.840 in january you had you know millions of people take to the streets choke them out they shouldn't
00:48:59.000 get a penny they shouldn't get a penny from including the chinese commerce party jack
00:49:02.540 uh social media you're on fire your uh twitter feed is like uh the modern associated press for
00:49:09.000 getting information out about this war where do people go well thank you steve of course we're
00:49:13.560 going to be up human events daily every day if you missed that we got our sit reps that come out
00:49:18.640 daily in terms of the email and of course the podcast is human events daily on apple on spotify
00:49:24.900 we're going to be up there as well and uh today we're also going to be issuing a a response
00:49:30.020 because i steve i didn't know there's a little tv show that goes on that's been going on for a
00:49:34.000 called the uh the oscars the academy awards where conan o'brien decided to call out my turning point
00:49:41.580 halftime show last night so of course we'll be responding to his very poorly watched uh you know
00:49:49.280 little little shindig last night and maybe give him a little more ratings because he really needs it
00:49:54.060 it's going to youtube nobody watched it but i did see the clip of the joke uh good luck on that
00:50:01.300 Rob Lockwood, I think Harold Hamm will be saying, let's rev up Venezuela and let's get rolling in Guyana, in the Gulf of America, and in Texas.
00:50:12.380 We got 10x, and the president said yesterday, we got 10 times the natural gas and oil resources here in this part of the world that they got in the Middle East.
00:50:21.460 And we can certainly put the Middle East on the back burner.
00:50:24.140 I want people to go read your article one more time.
00:50:26.320 Why should Harold Hamm be in the United States Senate for the next eight months?
00:50:30.600 and you're behind the shale revolution energy renaissance in america he led the crusade to
00:50:37.480 legalize the sale of energy exports in america in 2015 that set the table when president trump
00:50:42.460 came in and had tremendous success you were a key part of that in his first term which allowed
00:50:46.840 america to become truly energy independent the disastrous buying years set us back but in the
00:50:51.880 first year of the trump administration we were able to do things like get 6 000 permits approved
00:50:56.500 for drilling president trump opened the gulf of america back open for business with the stroke of
00:51:01.060 a pen he led to a hundred thousand barrels more per day in immediate exploration and they're
00:51:06.020 already holding leases for new energy exploration rig rigs down in the gulf of america right now
00:51:12.660 generating hundreds of millions of dollars of proceeds already but it ensures an america energy
00:51:16.900 dominant future if we hold the senate if we hold the house with president trump's leadership and
00:51:21.860 And there's no better person in the entire world to fill that vacant Senate seat than Harold Hamm.
00:51:26.760 So you put Harold Hamm in the Senate.
00:51:28.120 You let him work with President Trump hand in hand for the next seven months.
00:51:30.740 We save America and we save the world.
00:51:32.240 That's the nutshell of the argument.
00:51:34.760 Just an observation.
00:51:36.480 At $55 a barrel, you hold.
00:51:38.200 At $100 a barrel, problematic.
00:51:41.100 Lockwood, where do people go and find out your – exactly.
00:51:45.640 It was $55, I think, in mid-December.
00:51:48.840 Anyway, where do people go to track you down, sir?
00:51:51.860 i'm a simple man just at rob lockwood on x
00:51:54.940 you're far from that but thank you for joining us this morning thank you for the article and
00:52:01.760 introducing the audience to one to one of the original gangsters of the trump movement harold
00:52:08.440 ham uh bowling you don't want higher prices you're just giving us the analysis of hey this
00:52:16.900 is what's happening you want actually you want lower prices correct i'm gonna hold you through
00:52:20.740 I know you've got to bounce.
00:52:22.180 Yeah, yeah.
00:52:22.600 So you're going to take a short commercial break.
00:52:25.020 Contrary to the Chad, lower prices.
00:52:27.380 Yeah, contrary to the Chad who thinks I want lower prices for America, for Trump, and for my trade, by the way.
00:52:34.400 He's not talking his book.
00:52:36.680 He's actually on the other side of that trade.
00:52:38.660 Short commercial break.
00:52:39.620 Captain Fennell is going to stick with us.
00:52:41.080 Eric Bolling, Luke Goldstein.
00:52:44.420 There's a trial in federal court I think you ought to know about.
00:52:47.960 state attorney generals are hanging in there on one of the most, I don't know, nefarious monopolies
00:52:54.980 out there. Live Nation. Also about the SAVE Act, Save America Act. All of it next.
00:53:04.440 Do you owe back taxes or you haven't filed your taxes in years? Now is the time to resolve
00:53:11.080 your tax matters. With the national conversation around abolishing the income tax,
00:53:16.800 The IRS is fighting back and proving it's here to stay by becoming more aggressive than ever before.
00:53:24.000 They're sending out more collection notices, filing more tax liens, and collecting billions more in recent years.
00:53:31.380 If you owe, the IRS can garnish your wages, levy your bank accounts, seize your retirement, and even your home.
00:53:39.460 If you owe or haven't filed, it's not a question of if the IRS will act, it's a question of when it will act.
00:53:48.240 Right now, Tax Network USA is offering a completely free IRS research and discovery call to show you exactly where you stand and what they can stop before it's too late.
00:54:00.760 Their powerful programs and strategies can save you thousands or even eliminate your debt entirely if you qualify.
00:54:07.620 Don't make a costly mistake.
00:54:09.620 Representing yourself or calling the IRS on your own waives your rights and costs you more money.
00:54:15.140 They are not, and let me repeat, the IRS is not on your side.
00:54:19.320 Get protected the right way with Tax Network USA and start the process of settling your tax matters once and for all today.
00:54:29.120 Call 1-800-958-1000.
00:54:32.120 That's 1-800-958-1000 or visit TNUSA.com slash Bannon for your free discovery call with Tax Network USA.
00:54:44.360 Let me repeat, 800-958-1000, tell them Bannon sent you.
00:54:48.960 Don't let the IRS be the first to act.
00:54:53.080 Take advantage of first mover advantage, you move.