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Donald Trump is losing it as his disastrous and catastrophic war in Iran gets worse by the minute and one of the devastating consequences, especially for Donald Trump,
is how disastrous it has been to the economy, and particularly for his right wing oligarch friends. So one of the things that Donald Trump is trying to do desperately as this war has escalated out of control is Donald Trump wants to manipulate the markets,
“my opinion that's what he's doing for his oil buddies”
and for his right wing oligarch buddies. And so there was this outrageous headline yesterday. We reported it on and I'm sure you've learned about it by now that the United States removed sanctions
on 140 million barrels of Iranian oil
because Donald Trump seeks to lower gas prices. That was the headline on CNN. That's the headline that Donald Trump and his regime wanted. Somehow connecting removing sanctions on Iranian oil 140 million barrels to lowering gas prices.
Why? Because Donald Trump wanted to manipulate the markets because the price per barrel is skyrocketing. I mean Saudi Arabia estimates it's going to be $180 per barrel in no time.
You all know how much more you're paying at the pump right now, whether you're putting in regular gas or God forbid diesel right now. It is a complete and utter disaster
“also supply chains of helium and fertilizer”
have been utterly gutted and destroyed. Our farmers here in the United States need yet another bailout as Donald Trump at Pete Hexith are now demanding another
$200 billion for this never ending
and disastrous war. But you see what Donald Trump wanted by this headline. Again, as treasonous and traitorous by opinion as it is, you're removing sanctions against Iranian oil while you're in a war
with Iran after removing sanctions on Russian oil as well at making this huge financial game for Russia while Russia's providing Iran with information about how to kill Americans and attack American interests in the war in Iran
and Russia's just gloting about it. But what this really is all about is market manipulation because I guess one of the questions we should be asking is 140 million barrels. Where's that even coming from?
And then when you look at some of the statements that have been made by Iran's oil minister they're like, yeah, we don't have that like to the extent that existed. That's been blown up by Trump and Netanyahu.
I mean, Salman Goudouzi, who's the spokesperson for Iran's Ministry of Oil, put out the following statement. At present, Iran essentially has no crude oil left floating on water
or surplus for supply in other international markets and the statement by the U.S. Treasury Secretary
Is merely aimed at giving hope to buyers
and psychologically controlling the markets.
Now, we may be saying, well, Ben, that's what the Iranians are saying. I mean, you trust with the Iranian saying, no, I don't. But I also want to verify what the data is
because you will recall that Donald Trump previously claimed that the Iranians were reaching out begging for a ceasefire. Remember that all last week. They were begging for ceasefires.
And then you had to have the foreign minister of Iran come out and say, nope, my last contact with Steve Whitkoff, Donald Trump's envoy was prior to his employer's decision to kill diplomacy with another illegal military attack
on Iran. Any claim to the contrary appears geared solely to mislead oil traders and the public.
“And then remember right before the markets were set”
to open this past week, what a Donald Trump do. He announced that he had assembled a coalition of the willing. All of these countries were joining with the United States in order to open up the straight of horses
and Trump would be announcing that this week. And what did we learn? That was all a lie. So Donald Trump does this right as the markets are closing right as the markets are going to open
two manipulate the markets. And if you look at some of the announcements that Donald Trump made today, for example, rather on Friday, you'll see the massive movements in the market based on him putting
a completely contradictory messages where people, insiders who are in the know, likely made hundreds of millions if not billions of dollars buying and selling based on insider information. And Donald Trump has completely gutted the securities
and exchange commission.
“So there's nobody regulating any of this stuff anymore.”
So yesterday, for example, at 340, the Rep. Eastern Time, Donald Trump says, "I do not want to do a ceasefire with Iran. There will not be a ceasefire in Iran." Well, at 513 PM Eastern Time,
Donald Trump says the U.S. is considering winding down the war with Iran. What changed over those 90 minutes the Kobiasi letter asks? And it should be noted that the United States
has sent a multiple marine expeditionary units right now to the Middle East. There was the one on the U.S. Tripoli, which was sent out last week, that's arriving at the end of March. There's the U.S. as Boxer,
and numerous other marine expeditionary units coming from San Diego. Separately, the 82nd Expeditionary, the 82nd Airborne Division Rather is also coming.
So we are ramping up in Iran, not pulling back.
“But Donald Trump put out a statement at 513 PM Eastern Time”
right around when the markets would start to be wrapping up at the U.S. is considering winding down the war with Iran. So take a look right here. This is a description of how this impacted the markets. So at 230 PM Eastern Time,
CBS reports that Trump was considering boots on the ground. And at 343 PM Trump said "I don't want to do a ceasefire, with the S&P 500 hitting a new low in 2026. Exactly 90 minutes later at 513 PM Eastern Time."
Donald Trump said the U.S. is considering a wind down in the war in Iran. Between 343 PM Eastern Time and 513 PM Eastern Time comments, the S&P 500 had already risen nearly 1% on a no news. By 615 PM Eastern Time,
the S&P rallied by a 1.8% from its low,
adding $900 billion in market to the cap.
Markets are now closed obviously until Monday. But you look at the overall condition of the markets and to say they are unhealthy would be an understatement. Look at the current situation of the markets. U.S. inflation expectations have surged to 5.2%
a 3-year high. The Russell 2000 is officially in a technical correction. U.S. gas prices have risen nearly 45% in 4 months. Interest rate futures are now pricing and potential rate hikes. Gold prices are down about $1,000 in ounce from their record high.
Mortgage rates have risen 50 basis points to a new 2026 eyes. We are witnessing colossal economic change on a daily basis. And the S&P by the time the markets closed yesterday, posted its lowest close of 2026, erasing $3.2 trillion in market cap since the Iran war began.
But throughout it all, right? And it's all trending down. Donald Trump is giving, in my opinion, these periods of reprieve. These periods of respite.
These periods of financial gain to the insiders to have these buy moments in order to make their money.
So to me, when we're talking about 140 million barrels of oil from Iran,
My question is where is it?
How is it going to be transacted? Where is that oil sitting?
“And also has that oil already been unloaded?”
You know, and sent to China and sent elsewhere to begin with. And so who is this also benefiting? Is if anyone's going to benefit? Isn't it going to be China to benefit? Is this just one massive move to move the markets?
Listen to what Gregory Bruce says over here. This is after the Treasury Secretary announces this. The U.S. has providing a 30 day sanction waiver for Iranian oil on the water, loaded before the 20th of March. While the U.S. is trying to supposedly bomb Iran into submission,
it's permitting nations to buy Iranian oil for the first time since 2019.
In fact, the waiver actually permits Iranian oil to be brought into the United States for the first time in the since the 1990s. But didn't Donald Trump and his regime say we have so much oil in the United States. And we would need any foreign oil at all because we have all this drill baby drill happening here. So again, what's this all about? This is about market manipulation in my view as fish believes that you'll have a hundred and twenty dollars per barrel as the average soon.
As Saudi Arabia believes it's going to be a hundred and eighty. Why don't we take a look at what United? The airlines United Airlines CEO Scott Kirby. They said that the airline is prepping for oil to hit a hundred and seventy five dollars a barrel. And then it won't get back down to one hundred dollars a barrel until the end of twenty twenty seven.
United is shaving three percent off peak flights think red eyes Tuesday Wednesday Saturday flying. This spring and the summer so just to repeat that and reiterate them. The CEO of United Airlines.
“What are they preparing for right because they use a ton of fuel for flights?”
What consumes the most fuel the airlines right? And they are preparing for a hundred and seventy five dollars a barrel. And that it will not get back down to a hundred dollars a barrel until the end of twenty seven twenty twenty seven likely twenty twenty eight. Okay. That's a sober analysis from someone who asked to deal with this.
The real business implications here. Now here was the post by Treasury Secretary Scott Bessent which in my view my opinion is just textbook market manipulation right here. He goes this way he writes Iran is the head of the snake for global terrorism.
And through President Trump's operation at big fury we are winning this critical fight at an even faster pace than anticipated.
So in response to Iran's terrorist attacks against global energy infrastructure the Trump administration will continue to deploy. America's economic and military might to maximize the flow of energy to the world. Strength and global supply and seek to ensure market stability. So today the Department of Treasury is issuing a narrowly tailored short term authorization. Permitting the sale of Iranian oil currently stranded at sea.
At present sanction Iranian oil is being hoarded by China on the cheap. By temporarily unlocking this existing supply for the world. The United States will quickly bring approximately 140 million barrels of oil to global markets. Expanding the amount of worldwide energy and helping to relieve the temporary pressures on supply caused by Iran. In essence we will be using the Iranian barrels against Iran to keep the price down as we continue operation epic fury.
Okay, but the price continues to rise and rise and rise. But don't you see all of the coded language right there of Treasury Secretary Scott Besant in my opinion sending a message to his rich oligarch.
“Bro's of like here's what you need to do here's when you need to buy here's what you need to see here's when he needs to go down.”
This is Treasury Secretary Scott Besant when he made a media appearance talking about removing the sanctions on Russian oil and removing the sanctions on Iranian oil. We had a but break the glass plan across the administration and a Treasury. We unsanctioned Russian oil.
We knew that there were about 130 million barrels on the water and we created supply that is beyond the strengths of her most.
So we anticipated this. We knew that there could be a temporary and I want to emphasize temporary choke point there. And there was 130 million barrels of floating storage in the coming days. We may unsanctioned the Iranian oil that's on the water. It's about 140 million barrels.
So depending on how you count it that's 10 days to two weeks of supply that the Iranians had been pushing out. That would have all gone to China. In essence, we will be using the Iranian barrels against the Iranians to keep the price down for the next 10 or 14 days as we continue this campaign.
Again, if you've been wondering, well, why does Donald Trump keep having like...
You have Secretary Wright, the interior secretary, Bergen, why do these people continue to go on TV? Because I believe it's just textbook market manipulation.
Here's what Bergen was saying yesterday and you'll see.
They were doing their best to keep the markets from imploding by engaging in manipulation.
“And here's the thing, it's bad manipulation.”
Like it's stupid manipulation. Like it's not even smart. And smart money, I'm telling you, smart money can sniff this out a mile away. And so it's paradoxically contradictory. It is backfire.
It is not doing what it's intended. It looks like it. My point is they look like they're panicking with all of their moves right now. And it doesn't like they think that they're so much smarter. We're doing those little, no one's going to know what we're doing, no, we know you're panicking.
And we know you're trying to manipulate the market. Like we're not stupid. They treat everyone like we're stupid.
“Is it what Bergen says to play this clip?”
President Trump, 180 degrees different. American made US energy affordability for Americans and energy security. And then the ability right now for the, for the US to be in a position where we've got the lowest energy prices in the world right now because of President Trump.
Here's what Trump's energy secretary Chris Wright had to say.
Craig, before you go, what do you make of this comment from Saudi Arabia officials that oil prices could soar past 180 dollars a barrel if the disruptions persist until late April. Yeah, Iran's attacks have been have been terrifying because they, you know, these are countries. They've, they've lived near for decades. They're aiming at their airports, their apartment buildings, their condo buildings, their energy infrastructure. So this destruction certainly is not helpful for global oil prices.
The United States military needs to finish the job to defang a random ability. So they won't do this for the next 47 years. But we, you know, we've got to get through the period we're in. Thank God we have American energy dominance. More from Chris Wright right here.
I'll play this clip right here.
“Some people are saying, look, how do you justify Iran monetizing oil during this conflict?”
Yeah, well, this is a very short term period. That oil was going to be monetized anyway. Again, it was just waiting in the line to unload in China. So that, that oil would have been monetized other ways. But the action against Iran right now is just pummeled their military capabilities.
For 47 years, they've terrorized their neighbors. They've had multiple attempts to block the flow of oil through the streets of Hormuz before. They have been a geopolitical influence that has driven up the price of energy through my entire adult life. And we just did not want to kick that can down the road to one more administration. Because that, because Iran spends almost all its oil and gas money on armaments.
You know, conventional armaments surrounding a nuclear program. Like you cannot have a nuclear armed Iran, they would be able to put pressure whenever they want, wherever they want. If they had nuclear weapons and a massive nuclear arsenal. So this president has had the bold leadership and our military every day. Every hour of every day is degrading their ability to terrorize their neighbors, threat in Americans.
And the infrastructure to build the next round of armaments. This is a rough conflict to go through, but it is very, very necessary. And then you know, you have Donald Trump saying, I expected worst gas price. I expected it was right when this failed when this market manipulation strategy fails. Trump's like, but I expected it to be worse your play of this clip.
We're not giving a nuclear weapon to Harry's guns. And where we're not going to hell out of them. And they've been shot, their Air Force is gone, and leaders are gone. Their entire press is gone, everything is gone. And no, I expected worse.
I really thought that our prices would go much higher when I did this. We were going to say that every record of the book was down with the S&D, down in 50,000 S&D and 8,000 and 7,000 at levels. And these like, nobody's ever seen me work. But I said, I have to go off to that pass, and I have to take a little journey. We have to get in here.
And he would agree, but he's not going to play it. And this is not to say, but he's going to play it. What are you doing with that guy? We had to walk on a security staff, and we are in the process of doing it.
I'll tell you, I think we're weeks ahead of schedule.
My secretary said, it's very happy.
You have a question from Oracle. And then it was the last week. The prices are already coming down.
“We expect the prices to be coming down soon.”
No, they're not.
And again, this is just up here.
It's just like COVID, right? Like a miracle. It's all going to go away. What did he say yesterday? The straight will open on on its own. We don't need to do anything straight of her moves.
We'll just open on it, anyway.
“Here's what Donald Trump said about price.”
So we'll be coming down. Let's play it. Prices are coming down very substantially. Oil will be coming down. It's just a matter of war.
That happens very, you can almost predict it. I would say what up a little bit less than we thought. It's going to come down more than week. There you have it, folks. Donald Trump getting smoked out.
“Yet again, a scheme, market manipulation.”
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