Ben Shapiro

According to the Treasury Department on ExQuote Today, Treasury's Office of Foreign Assets Control is designating 12 individuals and entities for their role enabling the Islamic Revolutionary Guard Corps' sale and shipment of Iranian oil to the People's Republic of China.

The IRGC relies on front companies and permissive economic jurisdictions to obfuscate its role in oil sales and funnel the revenue to the Iranian regime.

Instead of using this revenue to support the struggling Iranian people, the regime directs it toward weapons development, backing terrorist proxies, and funding security forces that suppress citizens' freedoms.

So, again, that is correct.

So recognize what the president is doing in the Middle East is directed against China.

It is part of a broader plan that is depriving China of its oil supplies and its allies.

Now, again, what the president is doing here obviously requires sacrifice on the part of the American people.

And people have said the president should explain that more clearly.

The biggest sacrifice right now is, again, inflation when it comes to the gas prices.

That's very real.

People are experiencing it.

And we can't pretend that away.

According to the Wall Street Journal, consumer prices rose 3.8% in April from a year earlier.

That is a clear impact of higher gas prices since the start of the war in Iran.

If you exclude food and energy.

Then inflation is up year over year at a 2.8% rate, which again is not wildly high.

3.8 is pretty high.

And that is because, of course, of the surge in the oil prices.

Now, when we hit the end of the war, those prices are going to drop precipitously.

All the conditions are there.