Eric Bolling

That's a different type of show, no politics.

But always, you know, the handoff between 4 and 5 is great.

And right here, we...

We're breaking some ground, Steve.

You look back, some of the things that we've been talking about over the past 30 some days have actually come to fruition as we go forward.

Great assessment of bringing us up to speed.

One other thing, in those last, I'd say, 15 hours, maybe 12, Bahrain has declared a force majeure, which we know is really a trigger word for traders around the world.

There's a problem with supply, and that drives prices up.

Russia's threatened a force majeure for whatever reason, also driving prices up.

So what happened was, yesterday, Trump said, open the Strait of Hormuz and

Hang on for one second.

Exactly right, Stephen.

We brought this out before anyone declared a force majeure that I said, we talked about likelihood is they would be declaring force majeure, whether they need to or not, because it's literally a paragraph in almost every single business contract, whether it's oil or not.

You can see it, we probably see a force majeure in any sort of contract.

other types of deals, contracts as well.

You're right.

It's act of God, act of nature, act of war.

It basically covers it.

But so it gave these folks, these Arab countries and now Russia's joining the party to rip up the contracts that they settle at, who knows, $50, $60 a barrel, $65.

and reinstitute them in the case of Brent, which is now trading $118 a barrel today, up $5 more, even on the heels of what would some, I'll tell you, the equity markets, the stock market, thought what Trump said this morning was a positive thing, relieving the pressure.