David E. Sanger

speaker

2,183 appearances 17 recordings 1 series first heard Dec 2024 last heard yesterday

David E. Sanger’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months

Recordings per month over the last 12 months — 12 in all, peaking in Jul 2026 with 2.

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The Daily · Did Iran Come Out on Top in the Peace Deal? · 19 Jun 2026 podcast

So that's not quite returning things to the way they were in earlier mid-February of 2026.

That's right.

And look, there's one side of this, which is money, and I'm sure the people who are going through the strait don't want to pay it.

I don't like paying tolls going down the Jersey Turnpike, okay?

You and me both.

That's life.

But the bigger import of this is that it also suggests that Iran and Oman have some sovereign rights over this very narrow passageway that is also considered an international waterway.

And if you've got rights over it to charge tolls,

you may consider that you've got the right to shut it down in the future.

And if that's the case, then the world has changed in a very big way at the end of this war from the way it was before.

Well, it's a big win for us because we get to go back to something that approximates the conditions prior to President Trump's decision to go to war.

So, yes, that's a reason the markets reacted so well.

The price of oil dropped.

Hopefully, the price of gasoline will drop.

But over the long term,

If you have changed the concept of whether or not Iran has control over the strait,

Well, that's a huge change because in the 47 years of the Islamic Revolution, through the hostage crisis and the Iran-Iraq war and our attacks on their centrifuges, both covert in 2010 and overt last year when the facilities were bombed, the Iranians never thought seriously about trying to close the strait.

He twice noted the experience of Herbert Hoover, the 31st president, right, who presided over the stock market crash that led to the Great Depression.

And so it told you right away that a president who went into this war thinking first about Iran's nuclear and missile capability and the threats it poses had to emerge from it

because he feared plunging the United States into a recession at best.

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