Valuetainment - April 17, 2026


“Strait Of Iran Is FULLY OPEN” - Trump DECLARES Iran War Victory As Hormuz Reopens


Episode Stats


Length

8 minutes

Words per minute

195.54344

Word count

1,603

Sentence count

132

Harmful content

Hate speech

12

sentences flagged


Summary

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

The Strait of Hormuz is now open and ready for passage. Iran has officially opened it up. What does this mean for the world economy, the stock market and the yuan? What role does it play for China and the rest of the world? Is this a good or bad thing?

Transcript

Transcript generated with Whisper (turbo).
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
00:00:00.000 One interesting thing's going on.
00:00:01.960 Look at Trump's tweet here, okay?
00:00:03.980 If you want to play this clip, it says,
00:00:05.320 Iran has just announced that the Strait of Iran is fully open and ready for passage.
00:00:12.320 Strait of Hormuz, he changed it to Strait of Iran.
00:00:14.580 Play the clip.
00:00:15.440 The screen for a reason. 0.53
00:00:17.300 The Iranian foreign minister, who seems to be really the guy in charge,
00:00:23.080 or at least publicly for Iran, just fired this off in a post on X,
00:00:28.180 and I'm going to read it for you now.
00:00:30.000 In line with the ceasefire in Lebanon, the passage for all commercial vessels through Strait of Hormuz is declared completely open for the remaining period of ceasefire on the coordinated route as already announced by Ports and Maritime Organization of the Islamic Republic of Iran.
00:00:47.200 So on that news, the stock market is flying through the roof.
00:00:51.960 That opens in 28 minutes.
00:00:53.420 The White House just tweeted this 24 minutes ago from the president.
00:00:57.960 So that means there's a conversation that just had for this to be had.
00:01:01.860 And in Kobashi letters also posted it, Rob, Iran has officially opened it up.
00:01:06.020 In line with ceasefire in Lebanon, the passage for all commercial vessels through Strait of Hormuz
00:01:10.040 is declared completely open for the remaining period of ceasefire on the coordinated route
00:01:13.460 and already announced by ports and maritime organization of the Islamic Republic of Iran.
00:01:18.920 Now, what this means, you know, economically, the market, Tom, what is the market looking like right now?
00:01:24.940 The market's on fire right now, Pat.
00:01:26.260 S&P, 71.23.
00:01:28.440 Oh, my God.
00:01:28.540 The S&P is at all-time high.
00:01:29.920 NASDAQ is at all-time high.
00:01:31.700 VIX is completely low, meaning volatility is very low.
00:01:34.660 Dow is trying to get back to the 50.
00:01:36.700 Yep.
00:01:37.320 We're back, baby.
00:01:38.360 We're so back.
00:01:39.120 That was back 1.1% today.
00:01:42.540 NASDAQ up a point.
00:01:43.800 S&P up at three-quarters of a point.
00:01:46.320 Gold is down to 84, which you mentioned.
00:01:48.200 Almost 4,900 right now.
00:01:48.940 Almost 4,900 for gold.
00:01:50.460 Gold is 4,900.
00:01:51.640 Bitcoin's at what?
00:01:52.520 Where's Bitcoin at?
00:01:53.220 75?
00:01:53.620 I think it's 75, I want to say.
00:01:55.040 Yeah, 75.
00:01:56.800 But I want to know the details.
00:01:58.940 I want to know what was negotiated.
00:02:00.340 I want to know what's being talked about behind closed doors.
00:02:02.280 I want to know, you know, a part of it for me, like remember back in like two years ago
00:02:07.960 when I said one of the most important things for me on 2024 for the president to win.
00:02:12.860 Do you remember what I said was one of the most important things for me?
00:02:15.820 It was the Panama Canal.
00:02:17.260 I said it's very important for us to control the Panama Canal, right? 0.78
00:02:21.000 because long-term, you don't want China to see what's their next manipulative game 0.55
00:02:26.360 to play against the U.S. 0.73
00:02:28.120 You know what's the next thing I want U.S. to have control over?
00:02:32.320 Karg Island.
00:02:33.480 I want us there. 0.97
00:02:34.920 I want us to have it in Iran.
00:02:37.120 Because there's about four or five islands around there.
00:02:39.240 I want us to have some kind of an influence over that
00:02:41.380 because if you do, then guess officially what you do
00:02:44.840 because Panama Canal is important to China for what reason?
00:02:50.920 Think about the difference between Strait of Hormuz and Panama Canal.
00:02:54.520 How are they each important to China and to us?
00:02:57.520 That's how they got the Venezuelan oil.
00:02:59.340 That's how during embargo, that's how they got Venezuelan oil.
00:03:02.400 From where?
00:03:03.560 They got it from Venezuela and then through the Panama Canal.
00:03:06.180 It went across the Pacific Ocean.
00:03:07.500 That's how they got.
00:03:08.360 That's one of the ways they were getting energy that they needed.
00:03:11.520 Today, think about today in 2026 and the future.
00:03:16.600 What role does Strait of Hormuz play for them,
00:03:19.220 and what role does Panama Canal play for China and for U.S.?
00:03:23.040 Moving forward, after what we just learned the last six weeks.
00:03:26.360 If China doesn't have a more dominant negotiating position on both of those,
00:03:31.260 preferably one, it means they're now at the mercy of other people,
00:03:35.060 and they can't play below the surface because they need the energy.
00:03:39.220 So it means they're at the mercy of the United States.
00:03:42.100 Correct.
00:03:42.480 It means what I'm seeing right now,
00:03:44.520 if I could just kind of encapsulate everything.
00:03:46.700 We pull up this fear and greed index, right?
00:03:49.460 On CNN, they always do this fear.
00:03:50.640 Greed is super high.
00:03:51.400 One week ago, it was an extreme fear.
00:03:55.260 So, you know, so during COVID, oh my God, the market's high.
00:03:57.640 Six months later, all-time high.
00:03:59.120 That's right.
00:04:00.060 We've seen this enough as grownups at this point
00:04:03.400 to realize the market goes like this.
00:04:05.620 But over time, everything's okay. 0.88
00:04:07.980 It's World War III.
00:04:08.740 Yeah, but that's not what I'm talking about.
00:04:09.900 What I'm talking about is I'm talking about
00:04:11.240 Strait of Hormuz and Panama Canal.
00:04:13.020 Let me stay on that.
00:04:14.320 For me, Panama Canal, Western Hemisphere, where we live, that keeps us safe,
00:04:21.100 that if they want to do the next COVID, they can't.
00:04:23.780 So now we need to make sure that the current president gets along with U.S.,
00:04:27.160 but who the hell is going to be the next president? 0.63
00:04:28.660 If all of a sudden Panama's next president is a socialist, communist,
00:04:34.940 one of these Lula type of guys that takes over, then it changes the game.
00:04:38.780 And it's very possible that something like that could happen
00:04:42.200 because of what's going on in that region.
00:04:44.960 So we have to control that part.
00:04:47.000 But to me, with Strait of Hormuz,
00:04:48.800 if China had a great relationship with Iran,
00:04:52.020 they signed a 25-year, $400 billion contract,
00:04:54.500 whatever the agreement was,
00:04:55.920 that they had the two of them, Rob,
00:04:56.980 if you want to pull that up,
00:04:57.780 the 25-year, $400 billion agreement between the two.
00:05:00.920 If U.S. is now at Karak Island,
00:05:03.360 and you notice what Trump said in the tweet,
00:05:05.580 what did he say?
00:05:06.880 What did he call the Strait?
00:05:08.280 Iran, Strait of Iran.
00:05:09.380 So what is he saying in the negotiation?
00:05:11.940 What is he saying in the negotiation?
00:05:13.500 Do you think it was intentional?
00:05:14.540 Did he call it straight of Hormuz?
00:05:15.700 No, it's Trump doesn't mess up words.
00:05:19.420 Trump, when he says the Gulf of America, he's not fooling Iran.
00:05:24.140 So he went from straight of Hormuz to straight of Iran?
00:05:26.820 Yes.
00:05:27.720 And you're saying that there's a good message there.
00:05:29.640 No, to me.
00:05:30.500 What do you think it is?
00:05:31.300 To me, I think something happened behind closed doors,
00:05:34.740 and he told them, he says, you know what I'm even going to do?
00:05:37.140 I'm even going to change it.
00:05:38.500 as long as we become partners 50-50, here's how it works.
00:05:42.640 We're going to have a military base there. 0.98
00:05:44.020 We're going to help with support as well, but you can't have Iran anymore. 0.97
00:05:46.680 And if you even think about having nuclear, but I'm going to give you the name. 0.88
00:05:51.340 Because remember back in the days, the Shah was being interviewed,
00:05:54.000 and what did the Shah say?
00:05:55.640 The Shah said, you know, Mike Wallace asked him a question.
00:05:59.600 He said, Mike Wallace is the dad.
00:06:02.160 Chris Wallace is the son.
00:06:03.180 Am I saying it correctly?
00:06:04.040 Mike Wallace asked him a question. 0.95
00:06:05.280 And, you know, yeah, if you put Shaw and then put Persian golf.
00:06:10.140 Put Persian golf and look at the way he answers it.
00:06:13.040 He says, well, try to find a short right there.
00:06:16.980 It was a conversation with Arabian golfers. 0.80
00:06:18.460 Watch this.
00:06:18.840 Start it from the beginning.
00:06:19.760 Go ahead.
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00:06:51.400 I have been across the Gulf, the Gulf that you call Persian and they call Arabian.
00:06:56.660 Why do you call it Gulf?
00:06:58.260 You have been to school, haven't you?
00:07:00.240 Yes.
00:07:01.220 What was the name that you have read during your school days?
00:07:04.680 Persian Gulf.
00:07:05.540 All right.
00:07:08.140 But they do call it Arabian Gulf.
00:07:09.800 They can call it whatever they want.
00:07:11.440 See, this guy with a G.
00:07:12.440 So what was he saying about the word gold?
00:07:14.240 But words matter.
00:07:15.840 Words matter.
00:07:17.080 So if Trump knowing words matter, look, some of the biggest deals that happen,
00:07:21.480 a bigger company bought a smaller company,
00:07:23.320 and the only reason the smaller company wouldn't allow the bigger company to sell
00:07:26.520 is because of name rights.
00:07:28.420 And the bigger company is like, no, we're going to name it AT&T.
00:07:31.960 We're going to maintain your name, not our name.
00:07:34.320 So a $200 billion company buys a $50 billion company but allows the $50 billion company to take over the name just to, because that matters a lot.
00:07:41.560 That kind of stuff matters.
00:07:42.520 So for him to say, the strait of Iran, I guarantee you this is part of the negotiation that's taking place for vanity reasons to give him something.
00:07:51.040 But I know he got, because he said, I don't want 90% of what I asked for.
00:07:55.800 I don't want 90%.
00:07:57.060 I want it all
00:07:58.840 I want to know what all means
00:08:00.760 I want to know what he asked for
00:08:02.940 I want to know what this all means
00:08:04.400 that he asked for in a negotiation
00:08:06.020 we're going to hopefully find out here pretty soon
00:08:07.840 as we go with this
00:08:10.080 and more talks come with this