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Charlie Kirk Today | Eric Bolling & John Solomon: March 20, 2026 | Charlie Kirk Today | March 20, 2026
- We got to get right into this, because the breaking news
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- Story over the evening was about a place
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- I'd never heard of called south pars gas field in iran.
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- And here to help make some sense of it.
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- Right at the top is going to be eric bolling,
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- Who is an expert when it comes to these types of things.
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- Welcome to the show, eric.
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- Hey, thanks, andre.
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- Blake, what's going on, guys?
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- So let me just read part of trump's
- 00:00:30.186 --> 00:00:32.789
- Truth and we're going to get your analysis on this.
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- So he says israel out of anger for what has taken place
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- In the middle east, has violently
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- Lashed out at a major facility known as south pars
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- Gas field in iran.
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- A relatively small section of the hole has been hit.
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- The united states knew nothing about this particular attack,
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- And the country of cutter qatar has was in no way, shape
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- Or form involved with it, nor did it
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- Have any idea that it was going to happen.
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- All right, so this has now been,
- 00:00:58.781 --> 00:01:02.519
- I would say contradicted by israeli officials
- 00:01:02.519 --> 00:01:05.588
- That says, actually, the us did know about it,
- 00:01:05.588 --> 00:01:08.424
- And there's a little bit of back and forth on that.
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- We're not sure what to make of this at this point.
- 00:01:10.126 --> 00:01:13.696
- I'm loathe to call president trump a liar.
- 00:01:13.696 --> 00:01:16.199
- So something's going on here.
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- Eric, do you have any insight
- 00:01:17.834 --> 00:01:19.435
- As to what the true story here is?
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- Well, andrew, i've been doing this for nearly 40 years.
- 00:01:22.338 --> 00:01:25.775
- The oil i've been through, gulf shores have been through
- 00:01:25.775 --> 00:01:27.844
- Massive geopolitical stresses in the middle east and involves
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- In producing country or countries in the middle east.
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- Oil is always going to be at the center of it and positive.
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- I know that very well.
- 00:01:37.887 --> 00:01:39.088
- I'm positive
- 00:01:39.088 --> 00:01:40.790
- Trump knew that any sort of,
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- Attack on, of iranian oil infrastructure
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- Would cause prices
- 00:01:47.163 --> 00:01:48.298
- Here in the united states to spike even further
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- Any attack in the middle east is going to do it.
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- But when you hit the oil
- 00:01:52.769 --> 00:01:53.736
- In infrastructure, it's a big mistake.
- 00:01:53.736 --> 00:01:56.439
- I doubt
- 00:01:56.439 --> 00:01:57.674
- Trump would have sanctioned hitting an oil
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- Infrastructure in iran.
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- In fact, besson
- 00:02:01.411 --> 00:02:02.545
- Today came out and said, look, we may even allow
- 00:02:02.545 --> 00:02:05.014
- Iranian ships to to navigate the, the strait of hormuz.
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- Now, look, that this is,
- 00:02:09.719 --> 00:02:12.088
- You know, couple a couple of days
- 00:02:12.088 --> 00:02:13.389
- After the fact,
- 00:02:13.389 --> 00:02:14.390
- However, the the price shock that's happening
- 00:02:14.390 --> 00:02:17.393
- Is because you're talking about iranian oil.
- 00:02:17.393 --> 00:02:19.028
- Iranians produce 3 million barrels of oil.
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- And that what they did in response to the iranian
- 00:02:21.064 --> 00:02:23.466
- To the israeli attacks is they started hitting other
- 00:02:23.466 --> 00:02:26.803
- Gulf state oil platforms, refineries and etc.
- 00:02:26.803 --> 00:02:30.506
- And this is all leading
- 00:02:30.506 --> 00:02:31.641
- To the nervousness, the jitteriness of
- 00:02:31.641 --> 00:02:33.509
- Of the energy markets driving prices up
- 00:02:33.509 --> 00:02:35.511
- Really at $4 a gallon, probably over the weekend.
- 00:02:35.511 --> 00:02:38.481
- We may go to five
- 00:02:38.481 --> 00:02:39.949
- If this continues, we could actually go to $5 a gallon.
- 00:02:39.949 --> 00:02:42.719
- Trump.
- 00:02:42.719 --> 00:02:43.586
- He's an he's he's a good businessman.
- 00:02:43.586 --> 00:02:46.055
- He also he's a good economist. in his mind.
- 00:02:46.055 --> 00:02:47.890
- I think he probably saw
- 00:02:47.890 --> 00:02:49.726
- The effect of hitting those oil infrastructures in iran
- 00:02:49.726 --> 00:02:52.662
- Was a bad idea.
- 00:02:52.662 --> 00:02:53.630
- And i tell you what happened just hours ago,
- 00:02:53.630 --> 00:02:55.865
- Iran turned around and either targeted
- 00:02:55.865 --> 00:02:58.635
- Certainly hit,
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- The israeli refinery with the biggest refinery
- 00:03:00.069 --> 00:03:03.006
- In israel as a retaliatory measure.
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- Now, they're saying it may be shrapnel, but who knows if they
- 00:03:05.575 --> 00:03:09.145
- They may have missed and shrapnel hit the refinery,
- 00:03:09.145 --> 00:03:11.047
- But there's a refinery shut in right now.
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- So once you start playing around infrastructure,
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- All bets are off on how oil prices could go.
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- Yeah.
- 00:03:19.022 --> 00:03:19.722
- Well, so let's let's get pete
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- Higgs says he was asked about it this morning.
- 00:03:20.757 --> 00:03:22.492
- Sot 17 with the strike yesterday on south pars
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- Gas field.
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- You know if you
- 00:03:26.829 --> 00:03:27.897
- Guys didn't know about it or didn't approve it,
- 00:03:27.897 --> 00:03:30.500
- It kind of seems like a trend is real.
- 00:03:30.500 --> 00:03:33.202
- Apparently pursuing their own objectives over us objectives.
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- Why are we helping
- 00:03:37.273 --> 00:03:37.940
- Israel prosecute this war
- 00:03:37.940 --> 00:03:39.175
- If they're going to pursue their own objectives?
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- We hold the cards.
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- We have objectives.
- 00:03:43.813 --> 00:03:45.648
- Those objectives are clear.
- 00:03:45.648 --> 00:03:47.717
- We have allies pursuing objectives as well.
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- And the truth speaks for itself.
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- I mean, president trump was very clear about that.
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- Iran has weapons weaponize energy for decades.
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- Israel clearly sent a warning and has made it clear
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- Very clear.
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- Iran knows, when you hit kharg island
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- And you hit military capabilities,
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- Capabilities on cargo, which is the only thing we hit,
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- We can hold anything at issue.
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- Anything.
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- The united states military controls
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- The fate of that country. so what he's saying is
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- We clearly have israeli objectives.
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- Our allies have objectives.
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- The us has other objectives.
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- But the bottom line here is, eric, it's
- 00:04:24.420 --> 00:04:26.756
- Causing this really, i think strange oil market.
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- And this is really where you bring a lot of expertise here.
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- Go ahead.
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- Go ahead and throw up that it looks like
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- We're having the emergence of essentially three different
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- Three distinct
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- Oil markets, asia through oman and dubai, europe.
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- Brant. and u.s.
- 00:04:43.706 --> 00:04:46.342
- West texas. right. wti correct.
- 00:04:46.342 --> 00:04:49.045
- What the heck is happening and why this huge price gap
- 00:04:49.045 --> 00:04:52.315
- Between the different, oil that's simply so look
- 00:04:52.315 --> 00:04:56.018
- Look at oil kind of look at the world global oil.
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- Reserves.
- 00:04:59.922 --> 00:05:00.823
- We use about 100 million
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- Barrels a day globally, all countries included.
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- The difference in the price between those three.
- 00:05:06.162 --> 00:05:09.132
- And by the way, there's
- 00:05:09.132 --> 00:05:10.900
- Probably 50 grades of crude oil, but the main
- 00:05:10.900 --> 00:05:13.603
- The three main benchmark, they call it benchmarks is all
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- Prices are determined based on those.
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- Well, i would say to brant in wti,
- 00:05:18.341 --> 00:05:22.211
- West texas intermediate that's the oil that we produce.
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- We produce 13 million a day.
- 00:05:25.014 --> 00:05:27.450
- We use 20 million. we have a gap.
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- We have to import oil from canada, china,
- 00:05:28.985 --> 00:05:31.354
- Not china, canada, mexico and others.
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- The brant is higher. and andrew,
- 00:05:33.289 --> 00:05:36.192
- I've done this a long time for the past 15 years.
- 00:05:36.192 --> 00:05:39.295
- The difference between brant oil is always higher
- 00:05:39.295 --> 00:05:41.564
- Because of location and transportation,
- 00:05:41.564 --> 00:05:44.667
- Because it's produced that way up north in the north sea
- 00:05:44.667 --> 00:05:47.970
- In order to bring it down.
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- There's transportation costs,
- 00:05:48.971 --> 00:05:50.139
- But the the difference is always been
- 00:05:50.139 --> 00:05:52.909
- $5 at the maximum, 1 or $2 at the minimum.
- 00:05:52.909 --> 00:05:56.212
- They run very close in price.
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- Now it's 1617.
- 00:05:58.014 --> 00:05:59.382
- It could be pushing $18 a barrel difference.
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- And that's because getting that oil from the north sea
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- Through certain areas of of your you're
- 00:06:06.823 --> 00:06:09.158
- Having a very hard time getting enough oil.
- 00:06:09.158 --> 00:06:11.661
- China is as well.
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- But they have deals with russia and whatnot.
- 00:06:12.895 --> 00:06:14.363
- But europe is going to be very,
- 00:06:14.363 --> 00:06:15.932
- Very sensitive to price shock.
- 00:06:15.932 --> 00:06:17.567
- Gasoline price shots for sure their equivalent of a gallon.
- 00:06:17.567 --> 00:06:21.137
- They use liters. but over there are equivalent.
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- They're probably,
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- You know, going to hit $10 a gallon of gasoline before
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- Probably within the next couple of weeks.
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- So, eric, we've got about a minute here until a break.
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- I think
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- A lot of people have noted,
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- Okay, the prices are surging more
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- In other places compared to the us.
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- And i've seen some people present
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- That says that means it's no big deal for us, but
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- Maybe give us a sense like i my my feeling
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- Is that if we have a giant energy
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- Spike everywhere outside the us,
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- Even if we're self-sufficient in our own energy,
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- That's going to have pretty
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- Severe ramifications for our own country
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- And our own economy. correct.
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- 100%.
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- We are absolutely
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- Sensitive to the price of brant oil going up,
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- Even though it's going up a little bit more.
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- It is up.
- 00:07:06.883 --> 00:07:07.950
- So before the conflict, i would say a week before
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- We hit iran, oil was $65 a barrel.
- 00:07:10.553 --> 00:07:14.190
- The day before we hit around, it was $67 a barrel.
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- The day afterwards, it started the week
- 00:07:18.794 --> 00:07:20.496
- After one friday after the we hit them on saturday.
- 00:07:20.496 --> 00:07:23.165
- By friday was $76 a barrel.
- 00:07:23.165 --> 00:07:25.468
- It's it's going to hit $100
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- A barrel before the end of this week.
- 00:07:26.869 --> 00:07:28.304
- So we are very,
- 00:07:28.304 --> 00:07:29.472
- Very sensitive even though we're not as sensitive to the,
- 00:07:29.472 --> 00:07:33.242
- The the the brant price, we're still it brings all.
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- Here's why only very quick.
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- I know you got to go, but
- 00:07:39.115 --> 00:07:40.316
- Because if you at some point if you're running brant oil
- 00:07:40.316 --> 00:07:43.786
- And it's too expensive, you can retool your refinery
- 00:07:43.786 --> 00:07:46.489
- To use wti if it's makes sense to transport transported
- 00:07:46.489 --> 00:07:50.092
- At a cheaper rate.
- 00:07:50.092 --> 00:07:52.061
- Eric stay right there.
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- Much more i want to get into.
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- This is a very complicated topic,
- 00:07:54.864 --> 00:07:57.033
- But it's it's super important for understanding
- 00:07:57.033 --> 00:07:58.968
- The geopolitical moment we're living in.
- 00:07:58.968 --> 00:08:03.007
- The geopolitical moment we're living in.
- 00:08:03.007 --> 00:08:09.278
- Japan, the netherlands,
- 00:08:09.779 --> 00:08:11.247
- Germany, france, italy, great britain.
- 00:08:11.247 --> 00:08:14.250
- They're all going to start working with us.
- 00:08:14.250 --> 00:08:17.119
- It looks like a bit of
- 00:08:17.119 --> 00:08:18.154
- About-face to help clear the strait of hormuz.
- 00:08:18.154 --> 00:08:21.023
- Is that going to fix the problem,
- 00:08:21.023 --> 00:08:23.059
- Or are we still looking at inflationary
- 00:08:23.059 --> 00:08:26.062
- Upward pressure from this, this oil spike
- 00:08:26.062 --> 00:08:29.365
- That was just baked in the cake?
- 00:08:30.066 --> 00:08:31.133
- 450 is probably baked in the cake or 80, maybe five.
- 00:08:31.133 --> 00:08:33.703
- And and by the way, we haven't entered the strait of hormuz.
- 00:08:33.703 --> 00:08:37.707
- Our navy hasn't yet because it's not safe.
- 00:08:37.707 --> 00:08:40.309
- Iranians have a lot of tools.
- 00:08:40.309 --> 00:08:41.544
- They can they can lob missiles from the shore.
- 00:08:41.544 --> 00:08:43.779
- Look at that shoreline on top of that.
- 00:08:43.779 --> 00:08:45.081
- That map right there, that is all iranian shoreline.
- 00:08:45.081 --> 00:08:48.417
- And they can shoot missiles from anywhere.
- 00:08:48.417 --> 00:08:50.086
- They've also said that they can mine the gulf.
- 00:08:50.086 --> 00:08:52.521
- Trump says there's no mines in the gulf.
- 00:08:52.521 --> 00:08:54.190
- But i've seen, confirmed video of iranian, submersed drones
- 00:08:54.190 --> 00:08:58.995
- That are mines
- 00:08:58.995 --> 00:09:00.162
- And that they can remotely control from from land.
- 00:09:00.162 --> 00:09:04.166
- And there's hundreds of them
- 00:09:04.166 --> 00:09:05.601
- That they haven't put in the water yet,
- 00:09:05.601 --> 00:09:07.103
- Which they could still do.
- 00:09:07.103 --> 00:09:08.371
- Iran's in an existential threat right now.
- 00:09:08.371 --> 00:09:10.506
- They're literally looking at the possibly
- 00:09:10.506 --> 00:09:12.274
- The end of iran as anyone's known,
- 00:09:12.274 --> 00:09:14.744
- And they probably feel that way on the inside right now.
- 00:09:14.744 --> 00:09:17.213
- They're liable to do anything.
- 00:09:17.213 --> 00:09:18.981
- And what they're doing right now
- 00:09:18.981 --> 00:09:20.016
- Is attacking other gulf countries,
- 00:09:20.016 --> 00:09:22.818
- Petrochemical production.
- 00:09:22.818 --> 00:09:25.421
- They hit saudi aramco's refinery.
- 00:09:25.421 --> 00:09:27.223
- They see that saudi aramco fighting
- 00:09:27.223 --> 00:09:28.824
- One of the biggest refineries in the middle east is shut in.
- 00:09:28.824 --> 00:09:31.994
- Kuwaitis shut in a refinery.
- 00:09:31.994 --> 00:09:34.463
- They've hit bahrain.
- 00:09:34.463 --> 00:09:35.898
- Production.
- 00:09:35.898 --> 00:09:36.999
- You just mentioned a gas field in iran being being hit
- 00:09:36.999 --> 00:09:40.302
- By the israelis.
- 00:09:40.302 --> 00:09:41.537
- This is massive, massive oil disruption.
- 00:09:41.537 --> 00:09:45.408
- I had a captain on my show yesterday,
- 00:09:45.408 --> 00:09:47.309
- And not even the captain he owned.
- 00:09:47.309 --> 00:09:48.444
- The shipping company,
- 00:09:48.444 --> 00:09:49.478
- Has 15 ships going through the strait of hormuz.
- 00:09:49.478 --> 00:09:52.381
- And i said, captain, have you put one through?
- 00:09:52.381 --> 00:09:53.749
- He said, no. i said, why not? he said, too dangerous.
- 00:09:53.749 --> 00:09:56.185
- I said, okay,
- 00:09:56.185 --> 00:09:57.253
- The trump administration has come up with the $20
- 00:09:57.253 --> 00:09:59.021
- Billion lloyd's of london insurance policies
- 00:09:59.021 --> 00:10:01.190
- That change thing. i knew what his answer was going to be.
- 00:10:01.190 --> 00:10:03.225
- Does that change anything? he said, no.
- 00:10:03.225 --> 00:10:05.361
- I said, why not?
- 00:10:05.361 --> 00:10:06.529
- Because, i no one i know, nor would i ever send a crew
- 00:10:06.529 --> 00:10:10.733
- Through the strait of hormuz just because there's insurance
- 00:10:10.733 --> 00:10:13.102
- In case they get blown to smithereens.
- 00:10:13.102 --> 00:10:15.037
- It's not safe.
- 00:10:15.037 --> 00:10:16.305
- And if the iranians,
- 00:10:16.305 --> 00:10:17.440
- All they have to do is threaten or show 1 or 2 mines,
- 00:10:17.440 --> 00:10:20.910
- You don't know where they're going to be.
- 00:10:20.910 --> 00:10:22.311
- There's not
- 00:10:22.311 --> 00:10:23.546
- Going to be a lot of confidence in in navigating that gulf.
- 00:10:23.546 --> 00:10:26.449
- I personally think we should we should
- 00:10:26.449 --> 00:10:29.919
- Put our
- 00:10:30.152 --> 00:10:31.320
- Boot on iranians neck, go into every industry they have.
- 00:10:31.320 --> 00:10:33.355
- It's going to be collateral damage.
- 00:10:33.355 --> 00:10:34.724
- It's going to be really bad for the iranian people,
- 00:10:34.724 --> 00:10:36.726
- Take out their media, take out all
- 00:10:36.726 --> 00:10:38.327
- Their infrastructure, take out their highways,
- 00:10:38.327 --> 00:10:40.162
- Get them to the point where they submit
- 00:10:40.162 --> 00:10:42.164
- And they say, we'll cut a deal with you for oil.
- 00:10:42.164 --> 00:10:45.367
- And what i would say was, i would send our oil companies
- 00:10:45.367 --> 00:10:47.737
- And our, our major oil companies in
- 00:10:47.737 --> 00:10:49.438
- And bring their production up there.
- 00:10:49.438 --> 00:10:51.807
- They're doing less than half
- 00:10:51.807 --> 00:10:53.142
- Of what they could possibly do, potentially.
- 00:10:53.142 --> 00:10:55.044
- Do we bring that oil price their oil
- 00:10:55.044 --> 00:10:57.813
- Volume up and we take that oil at the market price?
- 00:10:57.813 --> 00:11:01.250
- Iran stays whole.
- 00:11:01.250 --> 00:11:02.518
- We get oil independence.
- 00:11:02.518 --> 00:11:04.653
- But wouldn't that too that, just strengthen the regime?
- 00:11:04.653 --> 00:11:08.357
- Sorry to cut you off there, eric.
- 00:11:08.357 --> 00:11:09.658
- Wouldn't that just strengthen the regime's hand
- 00:11:09.658 --> 00:11:11.627
- If there's hope that they're going to topple?
- 00:11:11.627 --> 00:11:14.764
- There was there's a there's a press conference
- 00:11:14.764 --> 00:11:16.465
- Going on right now in the white house.
- 00:11:16.465 --> 00:11:18.801
- And, you know, scott besson is saying that
- 00:11:18.801 --> 00:11:21.403
- The regime is already wiring money all over the world.
- 00:11:21.403 --> 00:11:24.473
- Treasury is on top of it.
- 00:11:24.473 --> 00:11:25.441
- They're going to seize the money.
- 00:11:25.441 --> 00:11:26.842
- They they're still
- 00:11:26.842 --> 00:11:27.843
- The trump administration is still signaling
- 00:11:27.843 --> 00:11:29.812
- That this regime is about to collapse. eric.
- 00:11:29.812 --> 00:11:32.114
- So so they may be on their heels.
- 00:11:32.114 --> 00:11:34.683
- Andrew i,
- 00:11:34.683 --> 00:11:35.885
- I find it hard to believe that they're about to collapse.
- 00:11:35.885 --> 00:11:38.454
- I mean,
- 00:11:38.454 --> 00:11:39.555
- They're got a lot they
- 00:11:40.022 --> 00:11:41.257
- They still have a lot of, fight left in them,
- 00:11:41.257 --> 00:11:44.593
- Even if it's a fight to the death which which
- 00:11:44.593 --> 00:11:46.829
- They will do at this point
- 00:11:46.829 --> 00:11:48.197
- Because this is their existential threat.
- 00:11:48.197 --> 00:11:50.032
- They're not going to just decide to roll over.
- 00:11:50.032 --> 00:11:52.301
- I, i believe you cut a deal with them.
- 00:11:52.301 --> 00:11:54.436
- An international legal deal with them
- 00:11:54.436 --> 00:11:56.505
- Where they can't ever back out of it.
- 00:11:56.505 --> 00:11:57.973
- And we are energy independent forever.
- 00:11:57.973 --> 00:11:59.842
- I mean, are we really in the business
- 00:11:59.842 --> 00:12:01.443
- Of making sure countries aren't nuclear weaponized?
- 00:12:01.443 --> 00:12:05.114
- I mean, north korea has become under
- 00:12:05.114 --> 00:12:07.850
- Under clinton.
- 00:12:08.184 --> 00:12:11.086
- How about pakistan?
- 00:12:11.086 --> 00:12:12.354
- Are we going to go take out pakistan
- 00:12:12.354 --> 00:12:13.722
- Because they have nukes?
- 00:12:13.722 --> 00:12:14.590
- I mean, it's it's it's a fool's game.
- 00:12:14.590 --> 00:12:16.826
- This is over oil.
- 00:12:16.826 --> 00:12:17.793
- This isn't over regimes or nukes.
- 00:12:17.793 --> 00:12:19.495
- This is about oil.
- 00:12:19.495 --> 00:12:20.896
- Yeah. fair enough.
- 00:12:20.896 --> 00:12:22.064
- I you're chiming in.
- 00:12:22.064 --> 00:12:23.833
- Yeah.
- 00:12:23.833 --> 00:12:24.366
- Eric, just i guess the
- 00:12:24.366 --> 00:12:27.203
- The natural question that follows up, that is
- 00:12:27.203 --> 00:12:29.805
- Maybe how much time like you've mentioned,
- 00:12:29.805 --> 00:12:32.208
- Obviously there's
- 00:12:32.208 --> 00:12:33.209
- A lot of economic pressure coming from this.
- 00:12:33.209 --> 00:12:34.977
- What sort of timeline are we looking at for
- 00:12:34.977 --> 00:12:37.580
- Economic issues escalating where we need to start taking,
- 00:12:37.580 --> 00:12:41.183
- You know,
- 00:12:41.183 --> 00:12:42.218
- How long do we have before we really need
- 00:12:42.218 --> 00:12:44.153
- To get this wrapped up?
- 00:12:44.153 --> 00:12:45.054
- Do you think it's acute right now?
- 00:12:45.054 --> 00:12:46.956
- Like right now we're we're in the path of higher,
- 00:12:46.956 --> 00:12:49.859
- Higher prices, oil prices, gasoline prices,
- 00:12:49.859 --> 00:12:51.861
- Any matter if it if is all clear.
- 00:12:51.861 --> 00:12:54.063
- Just decided today we're still going to see
- 00:12:54.063 --> 00:12:56.098
- Substantially higher prices going forward.
- 00:12:56.098 --> 00:12:58.367
- All these gulf countries that are major producers of energy
- 00:12:58.367 --> 00:13:01.570
- Have shut their production in.
- 00:13:01.570 --> 00:13:02.671
- Some of them are damaged,
- 00:13:02.671 --> 00:13:03.739
- Some of them have shut down systems
- 00:13:03.739 --> 00:13:05.608
- That could take 30, 45 days to get re retooled.
- 00:13:05.608 --> 00:13:08.844
- Get re, re running again to to full capacity.
- 00:13:08.844 --> 00:13:12.414
- That energy, all of that those two hydrocarbons
- 00:13:12.414 --> 00:13:14.917
- Off the oil market will keep prices higher.
- 00:13:14.917 --> 00:13:17.887
- Will they stay $100 a barrel?
- 00:13:17.887 --> 00:13:19.388
- Maybe not, but they could stay at 90,
- 00:13:19.388 --> 00:13:22.324
- 85, $85 a barrel.
- 00:13:22.324 --> 00:13:24.727
- Turns into about like 350 a gallon gasoline.
- 00:13:24.727 --> 00:13:27.830
- That is just way, way too high when it should be.
- 00:13:27.830 --> 00:13:31.233
- In the 50s, trump had it almost near 50.
- 00:13:31.233 --> 00:13:33.335
- Think about this for one second.
- 00:13:33.335 --> 00:13:35.271
- I will. i'm i'm skeptical.
- 00:13:35.271 --> 00:13:37.439
- Skeptical enough to believe that all saudis, bahrainis,
- 00:13:37.439 --> 00:13:40.976
- Omanis, all the iraqis, they're all
- 00:13:40.976 --> 00:13:44.580
- Kind of saying, hey trump, go ahead.
- 00:13:44.580 --> 00:13:46.548
- You know, we got you.
- 00:13:46.548 --> 00:13:47.249
- We we support you.
- 00:13:47.249 --> 00:13:49.451
- But the reality is
- 00:13:49.451 --> 00:13:51.820
- They like a $100 print on the oil market.
- 00:13:51.820 --> 00:13:54.790
- They love that they actually need that.
- 00:13:54.790 --> 00:13:57.092
- So they're going to be no rush to ramp up production
- 00:13:57.092 --> 00:14:00.095
- Because the minute they start ramping up, prices come down.
- 00:14:00.095 --> 00:14:02.698
- So they will slow walk that on the way down.
- 00:14:02.698 --> 00:14:05.334
- So i think we're
- 00:14:05.334 --> 00:14:06.835
- I think we're in dire straits already, blake.
- 00:14:06.835 --> 00:14:08.971
- And just how bad it gets is, is kind of up to
- 00:14:08.971 --> 00:14:12.708
- The policymakers in dc.
- 00:14:12.708 --> 00:14:14.710
- What are we looking at in terms of inflation?
- 00:14:14.710 --> 00:14:17.379
- You know, the the they held the rate again steady.
- 00:14:17.379 --> 00:14:21.383
- What what what do you see in coming down the pike? 30s.
- 00:14:21.383 --> 00:14:24.520
- Yeah, we're at 3%, which is a little bit elevated right now.
- 00:14:24.520 --> 00:14:28.757
- And higher than we had been for the second half of 2025,
- 00:14:28.757 --> 00:14:33.329
- I think four for four and a 5%.
- 00:14:33.329 --> 00:14:35.931
- Given this, if it if it lasts another month, 6% oil
- 00:14:35.931 --> 00:14:39.702
- Is tied to every single product that we used.
- 00:14:39.702 --> 00:14:42.204
- Andrew, you just sipped the cup.
- 00:14:42.204 --> 00:14:43.439
- There's oil,
- 00:14:43.439 --> 00:14:44.606
- There's a petroleum input some somehow in there as well.
- 00:14:44.606 --> 00:14:47.409
- It's in almost every toilet paper.
- 00:14:47.409 --> 00:14:49.445
- There's petroleum in toilet paper.
- 00:14:49.445 --> 00:14:51.480
- And don't forget anything you produce
- 00:14:51.480 --> 00:14:53.115
- And one part of the country to bring it to the other part.
- 00:14:53.115 --> 00:14:55.818
- You've got to transport it and you do it with rail or truck.
- 00:14:55.818 --> 00:14:58.921
- That's diesel fuel right there.
- 00:14:59.555 --> 00:15:01.790
- Eric bolling time is of the essence.
- 00:15:01.790 --> 00:15:04.927
- It's, you made the case for urgency.
- 00:15:04.927 --> 00:15:07.429
- Thanks, eric.
- 00:15:07.429 --> 00:15:07.997
- We'll talk to you guys.
- 00:15:07.997 --> 00:15:12.004
- We'll talk to you guys.
- 00:15:12.004 --> 00:15:16.637
- John solomon joins us now.
- 00:15:17.205 --> 00:15:18.906
- John, it's great to have you back because there's
- 00:15:18.906 --> 00:15:22.577
- So much news going on, especially on the intel front.
- 00:15:22.577 --> 00:15:26.881
- I got to hit this first, though, before
- 00:15:26.881 --> 00:15:28.683
- I wanted to talk to you about china.
- 00:15:28.683 --> 00:15:30.151
- We will get there in just a second.
- 00:15:30.151 --> 00:15:31.486
- But there was kind of a bombshell.
- 00:15:31.486 --> 00:15:33.821
- So obviously everybody's aware that joe kent resigned
- 00:15:33.821 --> 00:15:37.325
- The letter.
- 00:15:37.325 --> 00:15:38.059
- We talked about it
- 00:15:38.059 --> 00:15:39.060
- On the show yesterday, and then this comes out,
- 00:15:39.060 --> 00:15:41.829
- Yesterday evening, and i'll play a clip here.
- 00:15:42.764 --> 00:15:45.967
- Well, let's not actually skip it.
- 00:15:45.967 --> 00:15:48.403
- The basically, he's
- 00:15:48.403 --> 00:15:49.704
- Under investigation for leaking classified documents.
- 00:15:49.704 --> 00:15:53.241
- The investigation is being led by the fbi, and apparently
- 00:15:53.241 --> 00:15:56.677
- The investigation started before his resignation.
- 00:15:56.677 --> 00:15:59.781
- What do you you know johnson. yeah.
- 00:15:59.781 --> 00:16:02.183
- That is an accurate description of what we know.
- 00:16:02.183 --> 00:16:04.619
- Several months ago, the fbi began examining
- 00:16:04.619 --> 00:16:07.789
- A potential leak of information and technology,
- 00:16:07.789 --> 00:16:11.059
- That they believe is connected to joe kent or his office.
- 00:16:11.059 --> 00:16:15.196
- That has been ongoing.
- 00:16:15.196 --> 00:16:16.831
- It is nearing a resolution, and it's in that period of time
- 00:16:16.831 --> 00:16:20.802
- When it's nearing a resolution.
- 00:16:20.802 --> 00:16:22.103
- Often when you get to this point,
- 00:16:22.103 --> 00:16:23.404
- You get a notification that you're either a subject
- 00:16:23.404 --> 00:16:25.606
- Or a target of the investigation.
- 00:16:25.606 --> 00:16:27.408
- Target means you're about to be indicted.
- 00:16:27.408 --> 00:16:28.910
- Subject means your your behavior is being examined.
- 00:16:28.910 --> 00:16:32.180
- It's usually around the time of resolution
- 00:16:32.180 --> 00:16:34.182
- That you get those notifications.
- 00:16:34.182 --> 00:16:35.616
- And we don't know if that happened.
- 00:16:35.616 --> 00:16:37.318
- But we are told that
- 00:16:37.318 --> 00:16:38.753
- The decision on whether charges are to be
- 00:16:38.753 --> 00:16:40.655
- Brought is going to happen soon.
- 00:16:40.655 --> 00:16:42.757
- If this does go back into last year,
- 00:16:42.757 --> 00:16:45.026
- Late, late in 2025 is when the investigation allegedly began.
- 00:16:45.026 --> 00:16:49.097
- And, then all of a sudden on monday,
- 00:16:49.097 --> 00:16:51.566
- He dropped that bombshell of a letter and,
- 00:16:51.566 --> 00:16:54.402
- You know, again, when you look at the whole of joe kent,
- 00:16:54.402 --> 00:16:57.772
- No matter what happens in this outcome,
- 00:16:57.772 --> 00:17:00.174
- He's a man who was deployed 11 times
- 00:17:00.174 --> 00:17:02.043
- To combat zones in iraq and afghanistan.
- 00:17:02.043 --> 00:17:04.112
- He's an american hero for doing that.
- 00:17:04.112 --> 00:17:05.947
- He lost his wife to a combat, attack.
- 00:17:05.947 --> 00:17:08.816
- She also was an american patriot and lost
- 00:17:08.816 --> 00:17:11.853
- That part of his career stays intact.
- 00:17:11.853 --> 00:17:13.621
- But if you go into the civilian side
- 00:17:13.621 --> 00:17:15.656
- And you're trusted with intelligence
- 00:17:15.656 --> 00:17:16.924
- And you don't handle it properly,
- 00:17:16.924 --> 00:17:18.526
- There are going to be consequences,
- 00:17:18.526 --> 00:17:19.894
- Particularly in this administration,
- 00:17:19.894 --> 00:17:21.362
- Which is very serious about prosecuting links.
- 00:17:21.362 --> 00:17:24.098
- And so we'll have to wait and see what the evidence is.
- 00:17:24.098 --> 00:17:26.567
- But there was an investigation ongoing before
- 00:17:26.567 --> 00:17:29.904
- He ever released his letter.
- 00:17:29.904 --> 00:17:31.539
- For expressing his dissent for the iran operation.
- 00:17:31.539 --> 00:17:35.943
- Yeah.
- 00:17:36.177 --> 00:17:37.178
- Tulsi, was asked about this dni, tulsi gabbard.
- 00:17:37.178 --> 00:17:39.480
- Sot 27.
- 00:17:39.480 --> 00:17:40.815
- Do you agree or disagree with what this letter
- 00:17:40.815 --> 00:17:43.184
- Was put out by former director kent?
- 00:17:43.184 --> 00:17:45.186
- He said a lot of things in that letter.
- 00:17:45.186 --> 00:17:47.255
- Ultimately, we have provided the president
- 00:17:47.255 --> 00:17:50.224
- With the intelligence
- 00:17:50.224 --> 00:17:51.292
- Assessments, and the president is, elected
- 00:17:51.292 --> 00:17:55.029
- By the american people and makes his own decisions
- 00:17:55.029 --> 00:17:57.598
- Based on the information that's available to him.
- 00:17:57.598 --> 00:17:59.667
- But do you agree with does that statement
- 00:17:59.667 --> 00:18:01.769
- He made blaming israel concern you? yes.
- 00:18:01.769 --> 00:18:05.273
- So that was a pretty significant moment there,
- 00:18:05.273 --> 00:18:07.742
- John solomon, that that's because a lot of people link,
- 00:18:07.742 --> 00:18:11.612
- Tulsi gabbard with joe kent,
- 00:18:11.612 --> 00:18:14.081
- Thinking that they are ideologically in lockstep.
- 00:18:14.081 --> 00:18:16.984
- That was a break right there.
- 00:18:16.984 --> 00:18:18.986
- Yeah, that was a very significant moment.
- 00:18:18.986 --> 00:18:20.788
- Now, i would have preferred
- 00:18:20.788 --> 00:18:22.089
- If they followed up saying you're concerned
- 00:18:22.089 --> 00:18:23.591
- Because you agree with his assessment on israel.
- 00:18:23.591 --> 00:18:25.660
- You're concerned that he made it.
- 00:18:25.660 --> 00:18:27.261
- There's some ambiguity about what yes meant.
- 00:18:27.261 --> 00:18:29.897
- But i think we generally have a sense of where
- 00:18:29.897 --> 00:18:32.366
- Tulsi gabbard stands.
- 00:18:32.366 --> 00:18:33.334
- Based on the last
- 00:18:33.334 --> 00:18:34.669
- 48 hours of testimony, she has not endorsed
- 00:18:34.669 --> 00:18:37.972
- The president's decision.
- 00:18:37.972 --> 00:18:38.906
- She puts it at his doorstep.
- 00:18:38.906 --> 00:18:40.708
- And yesterday, when given the opportunity to,
- 00:18:40.708 --> 00:18:43.311
- I think, coherently and cohesively described
- 00:18:43.311 --> 00:18:45.880
- The intelligence
- 00:18:45.880 --> 00:18:46.948
- Of what led the president, i don't think she did
- 00:18:46.948 --> 00:18:49.951
- A very good job.
- 00:18:49.951 --> 00:18:50.785
- I think
- 00:18:50.785 --> 00:18:52.053
- Pete hegseth and general kane this morning in their briefing,
- 00:18:52.053 --> 00:18:54.355
- Did a much better job describing the threat
- 00:18:54.355 --> 00:18:57.391
- And what would lead a president
- 00:18:57.391 --> 00:18:59.327
- To believe that there was an imminent threat from iran.
- 00:18:59.327 --> 00:19:01.562
- These are the things that we wrote about this morning,
- 00:19:01.562 --> 00:19:03.798
- All of it an open source, intelligence.
- 00:19:03.798 --> 00:19:06.100
- But they're pretty serious things.
- 00:19:06.100 --> 00:19:07.735
- In january, the united states government
- 00:19:07.735 --> 00:19:10.404
- Discovered three revolutionary guard members on our sun.
- 00:19:10.404 --> 00:19:14.075
- I will tell you that revolutionary guard members
- 00:19:14.075 --> 00:19:15.910
- From iran don't come here for winter vacation.
- 00:19:15.910 --> 00:19:18.579
- They were sent here for a mission.
- 00:19:18.579 --> 00:19:19.880
- They were forcibly deported very quickly.
- 00:19:19.880 --> 00:19:22.350
- Then, we learned that iran had, secured a half
- 00:19:22.350 --> 00:19:26.487
- Billion dollars of stinger missiles from russia.
- 00:19:26.487 --> 00:19:29.490
- These are shoulder fired missiles capable of taking down
- 00:19:29.490 --> 00:19:31.993
- A civilian or military aircraft,
- 00:19:31.993 --> 00:19:33.961
- A capability that iran traditionally has not had.
- 00:19:33.961 --> 00:19:37.098
- Then we learned that they were trying to get
- 00:19:37.098 --> 00:19:38.966
- And we're at the final stages of negotiation and acquiring
- 00:19:38.966 --> 00:19:41.836
- A hypersonic missile,
- 00:19:41.836 --> 00:19:43.537
- From china that would be able to reach much further,
- 00:19:43.537 --> 00:19:47.208
- American assets outside the immediate middle
- 00:19:47.208 --> 00:19:50.444
- East theater of the immediate immediate persian gulf.
- 00:19:50.444 --> 00:19:53.147
- And by the way, hypersonics, we don't have
- 00:19:53.147 --> 00:19:54.682
- A great defense system against this.
- 00:19:54.682 --> 00:19:56.651
- Those components, along with the fact that iran
- 00:19:56.651 --> 00:20:00.187
- Admits itself, it tried to reconstitute its,
- 00:20:00.187 --> 00:20:02.823
- Nuclear program as soon as the midnight
- 00:20:02.823 --> 00:20:05.226
- Hammer was launched last summer,
- 00:20:05.226 --> 00:20:07.595
- Where the components that drove the president
- 00:20:07.595 --> 00:20:09.764
- To decide that american assets were increasing risk.
- 00:20:09.764 --> 00:20:12.800
- And to do that,
- 00:20:12.800 --> 00:20:14.001
- It isn't some magical spell that bibi netanyahu has over
- 00:20:14.001 --> 00:20:16.837
- The president.
- 00:20:16.837 --> 00:20:17.638
- Anyone who knows
- 00:20:17.638 --> 00:20:18.739
- The president knows he makes his mind up on his own,
- 00:20:18.739 --> 00:20:20.875
- Often to the,
- 00:20:20.875 --> 00:20:22.043
- Shock of some people not ready for what he's about to do.
- 00:20:22.043 --> 00:20:25.446
- Well, i'm just i'm i mean, you know, to be fair to tulsi,
- 00:20:25.446 --> 00:20:29.450
- You could
- 00:20:29.450 --> 00:20:30.351
- You could look at the same intel here
- 00:20:30.351 --> 00:20:31.852
- And come up with different conclusions.
- 00:20:31.852 --> 00:20:33.454
- I don't think it's any, shocker that maybe tulsi is
- 00:20:33.454 --> 00:20:37.558
- Less interventionist than than some within the group.
- 00:20:37.558 --> 00:20:41.262
- Yeah. so.
- 00:20:41.262 --> 00:20:42.396
- So her job wasn't to.
- 00:20:42.396 --> 00:20:44.198
- What i would say is when you serve a president,
- 00:20:44.198 --> 00:20:46.167
- Your job isn't to express your own political opinion
- 00:20:46.167 --> 00:20:49.170
- Or try to give yourself.
- 00:20:49.170 --> 00:20:50.771
- Your job is to tell the committee.
- 00:20:50.771 --> 00:20:52.373
- What data points did the president
- 00:20:52.373 --> 00:20:54.742
- Have to make a decision?
- 00:20:54.742 --> 00:20:55.543
- I think it would have been helpful
- 00:20:55.543 --> 00:20:56.444
- For people to know what the data was.
- 00:20:56.444 --> 00:20:58.379
- Yeah. fair enough.
- 00:20:58.379 --> 00:20:59.347
- Let's change our, our focus here.
- 00:20:59.347 --> 00:21:02.016
- There is.
- 00:21:02.016 --> 00:21:03.117
- So, so one of these story lines
- 00:21:03.117 --> 00:21:05.720
- Is this china interfering in our elections?
- 00:21:05.720 --> 00:21:08.589
- Tell us what you've uncovered in your reporting, john.
- 00:21:08.589 --> 00:21:10.958
- First we need to remind people
- 00:21:10.958 --> 00:21:12.193
- Because they probably didn't get a lot of coverage here.
- 00:21:12.193 --> 00:21:13.828
- But two years ago,
- 00:21:13.828 --> 00:21:14.962
- Great britain was thrust into a national crisis
- 00:21:14.962 --> 00:21:17.865
- When it was learned
- 00:21:17.865 --> 00:21:18.966
- That china had hacked into parts of their election
- 00:21:18.966 --> 00:21:21.435
- Voter registration database.
- 00:21:21.435 --> 00:21:22.870
- Just people how they register their data,
- 00:21:22.870 --> 00:21:24.638
- Because it does have your driver's license,
- 00:21:24.638 --> 00:21:26.207
- Your social security number or other personal identifying.
- 00:21:26.207 --> 00:21:29.577
- Great britain was enormous alarm.
- 00:21:29.577 --> 00:21:32.079
- People were fired.
- 00:21:32.079 --> 00:21:33.180
- There were big hearings and blue ribbon commissions,
- 00:21:33.180 --> 00:21:35.683
- New election security provisions were, done.
- 00:21:35.683 --> 00:21:39.220
- And by the way,
- 00:21:39.220 --> 00:21:40.287
- The biden administration expressed enormous alarm
- 00:21:40.287 --> 00:21:42.456
- That this happened to great britain.
- 00:21:42.456 --> 00:21:43.991
- And they even indicted
- 00:21:43.991 --> 00:21:45.159
- Some of the hackers from china that did this to china.
- 00:21:45.159 --> 00:21:48.629
- I did this to great britain.
- 00:21:48.629 --> 00:21:49.997
- Here's the dirty secret
- 00:21:49.997 --> 00:21:51.031
- That the biden administration in the u.s.
- 00:21:51.031 --> 00:21:52.600
- Intelligence committee knew when they were
- 00:21:52.600 --> 00:21:54.468
- Expressing outrage at what happened in great britain.
- 00:21:54.468 --> 00:21:56.570
- It happened here all the way back to 2020.
- 00:21:56.570 --> 00:21:59.540
- But it was kept a secret from the american public,
- 00:21:59.540 --> 00:22:02.076
- From the congress.
- 00:22:02.076 --> 00:22:02.743
- And it appears
- 00:22:02.743 --> 00:22:03.911
- From the statements of an intelligence,
- 00:22:03.911 --> 00:22:05.780
- Community ombudsman, a civilian
- 00:22:05.780 --> 00:22:07.548
- That's supposed to protect our interests
- 00:22:07.548 --> 00:22:09.350
- In the intelligence community, because the ombudsman said
- 00:22:09.350 --> 00:22:11.719
- That the intelligence community, the cia and others
- 00:22:11.719 --> 00:22:14.989
- Decided to keep this information
- 00:22:14.989 --> 00:22:16.891
- From the president, the public and,
- 00:22:16.891 --> 00:22:19.059
- The congress, because they didn't
- 00:22:19.059 --> 00:22:21.195
- Like president trump and his policies.
- 00:22:21.195 --> 00:22:23.063
- They actually used
- 00:22:23.063 --> 00:22:24.064
- Your of turns to describe the commander in chief
- 00:22:24.064 --> 00:22:27.435
- In their own private emails.
- 00:22:27.435 --> 00:22:29.103
- And they, they made a decision
- 00:22:29.103 --> 00:22:30.638
- To put their personal politics ahead of their country
- 00:22:30.638 --> 00:22:33.007
- And their commander chief's need to know,
- 00:22:33.007 --> 00:22:35.342
- And they just didn't let the country know.
- 00:22:35.342 --> 00:22:36.944
- So america and great britain suffered the same crisis.
- 00:22:36.944 --> 00:22:40.047
- Americans were kept in the dark.
- 00:22:40.047 --> 00:22:41.415
- Great britain reacted with great alarm.
- 00:22:41.415 --> 00:22:43.851
- I think that's a very we have to get to the bottom
- 00:22:43.851 --> 00:22:46.720
- Of this politicization of these intelligence agencies.
- 00:22:46.720 --> 00:22:49.790
- We talk about in the context of russia, collusion
- 00:22:49.790 --> 00:22:52.493
- In the fake scandal there.
- 00:22:52.493 --> 00:22:53.494
- But when you start depriving a president
- 00:22:53.494 --> 00:22:56.030
- Or the intelligence committees of actionable intelligence,
- 00:22:56.030 --> 00:22:59.300
- You're moving to a point of harming national interest.
- 00:22:59.300 --> 00:23:02.136
- And that is what the ombudsman in the biden era decided
- 00:23:02.136 --> 00:23:06.874
- To allege in the document that we made public this week.
- 00:23:06.874 --> 00:23:09.743
- I mean, i think tulsi gabbard is a star.
- 00:23:09.743 --> 00:23:12.346
- Yeah, i trust her her motivations here or,
- 00:23:12.346 --> 00:23:15.883
- You know, her political calculations.
- 00:23:15.883 --> 00:23:17.451
- But i think you're absolutely right.
- 00:23:17.451 --> 00:23:19.887
- The american people
- 00:23:19.887 --> 00:23:21.055
- Have an interest in knowing as much as we possibly can
- 00:23:21.055 --> 00:23:23.691
- All right. thanks, john.
- 00:23:23.691 --> 00:23:23.691
