Valuetainment - “Iran’s ONLY Weapon” - Iran THREATENS To Torch Ships As Hormuz Crisis ESCALATES

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00:00:06.220 Friday, March 6th to Wednesday, March 11th. Valid in-store and online.

00:00:12.920 Number one is Iran's commander threatens to set fire to ships crossing Strait of Hormuz.

00:00:22.640 Okay, so what are they talking about here and how much of an impact will this have on the economy?

00:00:28.680 As Iranian commander threatened, and Iranian commander threatened Monday. Rob, do you have a clip of this?

00:00:33.620 I do. It's in Farsi, just so you know.

00:00:35.760 But does it show translation in English or no?

00:00:37.620 I don't believe so.

00:00:38.660 Okay, then, Rob, unless if you're going to translate it to us, we can't go to it, Rob, so I appreciate your effort.

00:00:45.000 Threatened Monday to attack any ship crossing the Strait of Hormuz in a move that could choke about a fifth of global oil supplies that will send oil prices soaring.

00:00:55.120 The Strait of Hormuz is closed.

00:00:57.960 If anyone tries to pass, the heroes of the Revolutionary Guard and the regular Navy will set those ships ablaze.

00:01:05.000 Ibrahim Jabari, a senior advisor, the Guard's commander-in-chief, said in remarks carried by state media,

00:01:10.920 The Waterway is the world's most important oil route connecting the Gulf, biggest oil producers like Saudi Arabia, Iraq, Iran, Qatar, UAE.

00:01:21.980 One way for Iran to block it is to lay mines, but there hasn't been any such moves so far.

00:01:29.580 The reason why this matters so much is because of one country, which we're going to get to.

00:01:35.980 So, China's the biggest buyer of crude oil from Iran, 80% to 90% of it, if they shut down Strait of Hormuz, this is 20 million barrels a day, 1.2, 1.3 billion dollars a day, 20% of the world's oil supply.

00:01:51.940 Jeff, how concerned are you about this, or is this just a bunch of tough talk?

00:01:55.760 No, there's definitely a reason to be concerned, but you've got to realize this is Iran's only weapon. 0.99

00:02:00.840 The only thing they have left is the price of oil and the leverage that they have over China.

00:02:04.300 Nothing else.

00:02:05.000 They really don't have, I mean.

00:02:05.960 Not even drones.

00:02:06.660 No, drones are a little bit of a nuisance annoyance here, but what they really have, the only pressure point that they can really use is the Strait of Hormuz.

00:02:16.100 Close the gap, close the seaway, send oil prices higher, press China on, you know, you've got to help us out here, man.

00:02:27.260 We're really, really stuck here.

00:02:29.560 It's really the only thing that they have.

00:02:32.020 And the Trump administration knew that, which is why Israel went after the regime.

00:02:37.900 The Trump administration went after Iranian capabilities to do this.

00:02:41.800 That's why Trump keeps talking about, you know, we sent their navy to the bottom of the sea.

00:02:45.620 That's why there was news earlier, just, I mean, we were just talking about this, it just broke.

00:02:50.140 Apparently something off of Sri Lanka sunk an Iranian warship that was over in Sri Lanka.

00:02:55.360 That is another, it's another part of the Trump administration's strategy to counter the only leverage that the Iranians have. 0.98

00:03:02.180 It's, your threat is to get the price of oil to go up by closing the Strait of Hormuz.

00:03:07.240 We're going to make sure that you can't do that.

00:03:09.240 So the U.S., the entire U.S. war effort, or the vast majority of it right now, is to counter that one threat because that's really the only threat the Iranians have. 1.00

00:03:15.940 Yeah, and this is the story we were talking about earlier.

00:03:17.840 U.S. submarine sinks Iranian warship off Sri Lanka, killing at least 80 and leaving dozens more injured.

00:03:24.420 Tom, what are your thoughts on this?

00:03:25.660 Well, this is the coast of India, literally one quarter of the world away.

00:03:31.280 You have to go from the Middle East, all, as people look at me, all over here to India, and then you go off the side of India, and there you have it. 0.97

00:03:39.160 Why does this matter, though?

00:03:40.220 Why does it matter?

00:03:40.960 Well, what it matters, it means, why would an Iranian... 1.00

00:03:43.240 Can you pull up the map, Rob, just to look at the map of what this location would be exactly, to see strategically what intentions are?

00:03:49.380 Why would an Iranian warship be off the coast of Sri Lanka to escort oil tankers, to be a patrol in the area, to be there at a certain time?

00:03:58.280 Now, if you zoom out on this, you're going to see there's a channel there at India.

00:04:02.100 Keep going.

00:04:03.200 Now, Middle East is way over there, so you have to go all the way down here. 1.00

00:04:06.760 So the fighting is way up here, and you have Iranian warship, and now take a look where you go.

00:04:11.660 You're not far, you go down, and now you end up finally at China, where you can dock.

00:04:16.180 The other side, Rob, the other side, the other way, yeah.

00:04:18.660 So you could see how putting a military patrol Navy boat there, Pat, could help passage of the oil you're trying to send over to China.

00:04:27.960 Or menace it, right?

00:04:29.340 Huh?

00:04:29.560 You could menace any...

00:04:31.180 Or you could menace anybody else that's in the area.

00:04:34.240 Instead, the U.S. warship off the coast of India, padoop, you know, and you sink the ship.

00:04:40.000 And what's interesting, what's related to this, West Texas Intermediate is down a dollar today.

00:04:46.780 It's holding steady.

00:04:48.200 That's the oil, when Trump said, drill, baby, drill.

00:04:50.840 That's domestic oil holding steady, 7,405.

00:04:54.560 See there?

00:04:55.300 Down 51%.

00:04:56.220 It was down a dollar in early trading.

00:04:57.960 Now it's down 50%.

00:04:58.520 0.51%.

00:04:59.800 There it is.

00:05:00.760 Yeah, 0.51.

00:05:01.740 And so guess what?

00:05:02.200 0.68%.

00:05:02.820 Our oil over here is staying steady.

00:05:04.980 So inflationary response, big response.

00:05:07.120 Oil is a global market, and there's a lot of different types of oil, as we know, the heavy crude from Venezuela.

00:05:11.940 But the oil market is staying stable.

00:05:14.500 And to Jeff's point, that's the only card they have.

00:05:16.780 But the card, they're not playing at a table where all the world is sitting there with a hand.

00:05:22.160 Right.

00:05:22.340 They're only playing with China and others. 0.62

00:05:24.740 60% of the natural gas that goes to Europe comes from us, the United States.

00:05:29.280 So it's become a much more balanced energy market because now that becomes sort of your sixth fleet.

00:05:35.200 If you think of the five branches of the military, your sixth fleet is energy independence and ability to be an exporter on the world stage.

00:05:42.840 So they're saying this is the first time a U.S. submarine shot down an enemy's ship since World War II.

00:05:50.980 So this hasn't happened for quite some time.

00:05:54.540 And what it shows is that, again, this is a message.

00:05:58.300 We are taking this threat very seriously.

00:06:00.340 So the reason why oil prices are down is because the oil market is saying the U.S. is going to do everything it can to make sure that the worst case scenario doesn't happen.

00:06:07.000 So they are optimistic.

00:06:08.120 So that is a form of showing confidence in the fact that the White House is going to get—

00:06:12.280 We're sinking Iranian ships over in India. 1.00

00:06:14.300 That's how serious we're taking this.

00:06:16.360 We are taking this so seriously.

00:06:17.880 We will take that threat to the end.

00:06:19.180 And by the way, Rubio said it was going to get—is this Hexa talking about it?

00:06:22.180 And then, Mark, I'm coming to you right afterwards.

00:06:23.460 Yeah, he said it right at the end of that speech.

00:06:24.740 Okay, let me hear this, and I'm going to go to Mark.

00:06:26.580 Go for it.

00:06:28.440 Their Navy, not a factor.

00:06:29.720 Pick your adjective.

00:06:30.900 It is no more.

00:06:31.660 In fact, yesterday in the Indian Ocean, and we'll play it on the screen there, an American submarine sunk an Iranian warship that thought it was safe in international waters.

00:06:45.680 Instead, it was sunk by a torpedo.

00:06:47.500 Bingo.

00:06:48.340 Quiet death.

00:06:50.340 The first sinking of an enemy ship by a torpedo since World War II.

00:06:53.940 Bingo.

00:06:55.420 Like in that war, back when we were still the War Department, we are fighting to win.

00:07:01.780 Mark, thoughts?

00:07:02.500 There it is.

00:07:03.200 Yeah, I mean, this is high-stakes poker.

00:07:04.660 It's not even poker.

00:07:05.360 I mean, this is real life.

00:07:06.200 This is war.

00:07:07.840 There's a lot that hangs in the bounds.

00:07:09.740 Number one, I think about what he just said there and the stakes.

00:07:12.460 I mean, sinking a ship, right, hasn't been done since World War II.

00:07:15.020 You look at what Trump said on True Social about the straits, and he said, hey, we're going to back the ships.

00:07:20.040 We'll put the insurance up, which is a whole different topic, but we will not allow the straits to be closed.

00:07:26.300 That's strong words.

00:07:28.400 So they've put the line in the sand, so to speak.

00:07:31.560 But I think it's really interesting, and I think about this poker chip that he's trying to play here, because as the point that you made, Patrick, China is the one that suffers the most if this oil doesn't flow to them.

00:07:44.060 So the U.S. is sort of insulated because we're the number one producer of oil in the world.

00:07:47.640 We've got Venezuela coming online. 0.63

00:07:48.940 Iran, the output is doubled down there, and we could almost just, hey, let that pain be felt by China, and maybe they could influence Iran a little bit in some of these negotiations.

00:07:58.720 But if we're going to open up the straits and keep the oil flowing and China doesn't suffer, then whose side are they really on? 0.84

00:08:04.360 Where is that pain?

00:08:05.040 It's interesting.

00:08:06.000 I think also, you know, to the point that he said we're not going to allow them to slow this down, it also shows why there's a war in Iran in the first place, because all they constantly do is threaten global markets. 0.99

00:08:17.420 And Jeff and I were talking earlier before we came up here, where Trump wants to make a deal.

00:08:21.900 Most of the Middle East, Saudi Arabia, the UAE, they just want to make a deal. 0.98

00:08:25.720 They're just business people.

00:08:26.920 But Iran constantly wants to threaten global markets by shutting down the straits.

00:08:30.820 You can't have that.

00:08:31.740 You can't ever have peace.

00:08:33.100 And so I think that's what's at stake here, and I think it's a bold move.

00:08:36.980 If a U.S. ship goes down over it, then it's World War III.

00:08:40.720 Yeah.

00:08:41.480 If you look over there, right before this started, the Saudis met with Iran and gave them limited assurances for certain situations.

00:08:51.580 Then Iran starts lobbing semi-accurate missiles, low-grade payloads, over onto these Arab states.

00:09:01.120 And now the smaller Arab states are saying, what the hell are you doing?

00:09:03.880 And you've actually hit with a drone one of the iconic hotels that's supposed to be bringing the West to the Middle East.

00:09:11.820 It's safe to do business here, vacation here from Europe.

00:09:14.540 You know what we're talking about, right?

00:09:15.600 Doha.

00:09:16.180 And so they're like, what the hell are you doing?

00:09:19.220 So now the Saudis are backing the small Arab states now after giving assurances.

00:09:25.060 So frequently there's people that are no longer at the card table.

00:09:27.920 There's very few people at the card table with Iran.

00:09:29.580 And I'd like to know how they're going to keep the streets closed for an extended period of time.

00:09:34.620 And I'll tell you why.

00:09:35.780 On February 28th, you had American B-2 Spirit.

00:09:38.880 We only have 20 of these aircraft.

00:09:41.040 It's supersonic.

00:09:42.580 It's lethal.

00:09:44.040 And it flies in areas where it's extreme danger because it's fully stealth.

00:09:49.020 On March 2nd, they were reporting that B-1 Lancers were now flying deep into Iran, deeper than we had flown, Pat, since 2003.

00:09:57.580 Now, why do you fly that?

00:09:59.960 It's not as stealth, but it is supersonic and has a big payload.

00:10:03.420 If the B-1s are flying, it means you've degraded the defense systems on the ground that are surface-to-air.

00:10:10.360 So, okay.

00:10:11.260 And then yesterday, March 3rd, we're hearing the B-52s.

00:10:14.940 It's a 50-year-old aircraft.

00:10:17.240 70-year-old.

00:10:18.400 70-year-old.

00:10:19.080 Yeah, it's 1950.

00:10:19.680 It's over 50 years old, Pat, and it has the radar signature of a barn door, and you can hear it before you can see it.

00:10:30.140 So if the B-52s are flying, you know what that means?

00:10:33.340 The skies are safe.

00:10:34.480 So I'd like to know how and how long is Iran going to keep the strait closed, given what we're seeing with American air superiority right now and what has been cleared out and what's happened to the Navy.

00:10:48.280 Exactly what are you using to keep the strait closed?

00:10:51.660 That was yesterday.

00:10:52.540 Yesterday was Iran's – they played their card. 0.99

00:10:55.260 The card isn't necessarily the military.

00:10:56.900 It's the threat that we're going to set some tankers on fire. 0.88

00:11:00.160 Any tankers that flow through the strait of Hormuz, we're going to hit it with a drone.

00:11:04.540 The insurance carriers are going to drop anybody who tries to go through Hormuz.

00:11:08.040 Lloyd's put a 72-hour suspension.

00:11:09.860 Right.

00:11:10.240 And then there was news that other insurance carriers –

00:11:12.660 Trump said, wait a minute, I'll cover it.

00:11:13.740 That's what I'm saying.

00:11:14.260 So Iran played their card. 0.95

00:11:16.100 Their card was we're going to close the straits of Hormuz with asymmetric warfare and just the threat of it. 0.94

00:11:21.040 What Trump did – again, they had this ready.

00:11:24.240 They knew this was going to be an eventuality.

00:11:25.940 So Trump at 12 – was it 12, 15 p.m. as oil prices were skyrocketing because of the lack of insurance.

00:11:31.800 European international prices.

00:11:33.240 Right.

00:11:33.560 So oil prices are skyrocketing.

00:11:35.360 Trump comes out and says, you know what?

00:11:36.620 If insurance carriers are not going to write insurance on tankers going through Hormuz, we'll do it.

00:11:42.180 The U.S. government using – I forget the name of the program.

00:11:44.020 Can you imagine the boldness and the confidence to say that?

00:11:47.040 We'll underwrite it.

00:11:47.900 Don't worry about it.

00:11:48.600 We got it.

00:11:49.200 Why?

00:11:49.520 The only way you underwrite is why.

00:11:51.780 Because you know what you're going to do.

00:11:53.040 You know.

00:11:53.280 And you're controlling the air.

00:11:54.580 That's unbelievable to be able to say that.

00:11:56.800 Now, Keith, where you were going, if you want to finish your thought, and then I'm going to show the clip.

00:12:00.280 Go ahead and finish your thought.

00:12:01.060 The thought is the Trump administration understands their role here is to guarantee that this is going to work,

00:12:07.200 that they can continue to keep the straight-off Hormuz open.

00:12:09.740 We don't have to worry about the fallout, which is all you ever heard about attacking Iran. 0.94

00:12:14.500 Right.

00:12:14.700 They're going to close the straits.

00:12:16.420 Right.

00:12:16.540 Oil prices are going to go to $500 a barrel.

00:12:19.340 But, Jeff, again, what I was saying earlier about – but China suffers the most.

00:12:23.120 So why would Trump want to keep the oil flowing instead of putting some pressure on China to help them in this situation?

00:12:29.080 You remember, he's meeting with them.

00:12:30.340 I think they're having a meeting sometime this week.

00:12:32.020 Is it this week or next week?

00:12:33.280 It's also – you're putting pressure on China, but also at the same time you're not directly harming China.

00:12:38.580 Right.

00:12:38.860 You're not directly –

00:12:39.600 But I'm saying by guaranteeing you're sort of helping China.

00:12:42.300 So he could say, hey, we got plenty of oil.

00:12:43.840 We don't need – go ahead and shut it down.

00:12:45.600 There's two things.

00:12:46.240 So the consequences, you have two things, in my opinion.

00:12:48.320 One is if this is a prolonged war, which Iran can do – like it's a negotiation.

00:12:53.160 The other side's like, I got time.

00:12:54.500 Me too.

00:12:55.220 Let's go.

00:12:56.040 Say the other guy only has six months left.

00:12:57.680 I got 22 months left.

00:12:59.200 By the fifth month, he's panicking.

00:13:00.880 Then he says, hey, let's do a deal.

00:13:02.000 All right, let's do a deal.

00:13:02.580 I think if this drags on, if you got China or American voters and midterms, he's going to go here.

00:13:10.020 He's going to choose this one.

00:13:10.960 So to me, I don't think they want to prolong war.

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Valuetainment - March 05, 2026

“Iran’s ONLY Weapon” - Iran THREATENS To Torch Ships As Hormuz Crisis ESCALATES

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