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Damian Paletta

πŸ‘€ Speaker
572 total appearances

Appearances Over Time

Podcast Appearances

The Journal.
Will the U.S.-Iran Cease-Fire Hold?

He ran on, you know, focusing on the domestic issues, not getting caught in forever wars abroad.

The Journal.
Will the U.S.-Iran Cease-Fire Hold?

And then here he is in this mission in Iran that didn't have an easy end date.

The Journal.
Will the U.S.-Iran Cease-Fire Hold?

And so his party was sort of cracking apart.

The Journal.
Will the U.S.-Iran Cease-Fire Hold?

A lot of conservative talk show hosts were splintering.

The Journal.
Will the U.S.-Iran Cease-Fire Hold?

And so he still has to repair that.

The Journal.
Will the U.S.-Iran Cease-Fire Hold?

This ceasefire, two weeks, whatever, however it's going to last, it's not going to solve all his problems.

The Journal.
Will the U.S.-Iran Cease-Fire Hold?

But it might be a start.

The Journal.
Will the U.S.-Iran Cease-Fire Hold?

I don't believe it will because there's still just so much uncertainty about the way that oil is going to move around the world.

The Journal.
Will the U.S.-Iran Cease-Fire Hold?

And so I would have to think, especially if the Iranians now think they can charge like a carrier fee or like a gate fee on the barrels.

The Journal.
Will the U.S.-Iran Cease-Fire Hold?

So I would assume that gas prices are going to stay high and in fact continue going up.

The Journal.
Will the U.S.-Iran Cease-Fire Hold?

It's going to depend on different parts of the country.

The Journal.
Will the U.S.-Iran Cease-Fire Hold?

But as we get closer to Memorial Day, I can see a scenario where this might be a really expensive summer for Americans.

The Journal.
Will the U.S.-Iran Cease-Fire Hold?

And that can change consumer behavior.

The Journal.
Will the U.S.-Iran Cease-Fire Hold?

That can change all kinds of things.

The Journal.
Will the U.S.-Iran Cease-Fire Hold?

But unless there's like a permanent solution here that reopens the strait and actually expands somehow refining capacity, we could be in for, you know, a very expensive summer and fall, which is the last thing Republicans need heading into the midterms of November.

The Journal.
Will the U.S.-Iran Cease-Fire Hold?

My prediction is that in the next two weeks, there will be signs that we're about to go sideways again.

The Journal.
Will the U.S.-Iran Cease-Fire Hold?

There will be threats.

The Journal.
Will the U.S.-Iran Cease-Fire Hold?

There will be new ultimatums.

The Journal.
Will the U.S.-Iran Cease-Fire Hold?

The most likely scenario is that this two-week thing will be extended again.

The Journal.
Will the U.S.-Iran Cease-Fire Hold?

You know, they'll make progress in the talk.