Steve Bannon

We try to get him as national security advisor.

The first administration didn't work out.

On Fox, we are there to eliminate Iran's offensive capabilities and the manufacturing that support it so they cannot threaten others.

We are not there to take over the country like Russia has tried to do in Ukraine for five years, etc., etc., etc.

The center of gravity.

this war has shifted to very quickly shifted to the persian gulf the world's oil markets so today uh we've got two uh we got rob lockwood and eric bowling eric scott besant and we'll put the entire interview up from cnbc he walked through principally the com oil markets

Number one, they're not going to intervene, right?

Not going to intervene with other methodologies at Treasury.

But walk me through his assessment and the math of what he had to say this morning vis-a-vis what you're seeing of traders.

Last night, I think the first trade got West Texas Intermediate, which is the American proxy for our price, over $100.

That's backed off, I think, pretty substantially this morning.

I think it's a consensus, at least three vessels are getting through.

Scott's saying five at a million and a half barrels or a million barrels.

That's roughly four to five million barrels, right?

From the 20, that's 15.

That's 14 or 15 million.

I mean, his math works out.

Roughly 15 million barrels a day are not getting through.

Everybody, including the president with current reporting, wanted something quick and dirty.

Whether it was misdiagnosed, Captain Fennell is going to walk through why it's very methodical what we're doing, and that was a multi-week program, whether people didn't hear that or didn't want to hear it or didn't understand it.